The U.S. economy could go through a second edition of the Roaring Twenties, said Federal Reserve Bank of Richmond President and CEO Thomas Barkin in a recent speech. Speaking in front of the Virginia Bankers Association and Virginia Chamber 2022 Financial Forecast event, Barkin purported that U.S. households have seen a significant increase in net…
Get Ready for a New Roaring Twenties
Commentary On New Year’s Eve of 2019, revelers gathered around the globe to ring in a new decade. Many jubilantly attended “Roaring Twenties” parties, adorned in elegant evening wear, cloche and Panama hats, and knickerbockers, harkening back to an exciting, culturally vibrant era of economic prosperity. But whatever veiled hopes partygoers had for a booming…
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