The terms “unprecedented times,” “uncertainty” and “unchartered waters” continue to dominate the rhetoric of today’s economic environment. Chatter about a looming recession, or at a least a slowdown, continue to creep into conversations.

Covid cases are on the rise (again) and the reinstatement of earlier protocols are being considered in some parts of the country. Lockdown measures remain in place abroad in China but the outlook to reopen has improved. Geopolitical risks have provided yet another market disruption and international conflict has added to ongoing price pressures. Supply-side constraints are pushing input costs higher. 

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