In the realm of weather, we often hear the age-old adage, “it’s not the heat, it’s the humidity.” This saying, while rooted in some truth, can sometimes feel oversimplified. Indeed, a sweltering 90 degrees with high humidity might feel more oppressive than 95 degrees with low humidity. However, the reality is that both heat and humidity, individually or combined, can be perilous. They combine to create conditions that can lead to severe health risks, such as heat strokes. Drawing a parallel to our economic landscape, the dynamics of inflation and interest rates mirror the heat and humidity analogy. Individually, they … Continue reading →