The sharp rise in US inflation in 2021 may or may not be transitory, but history reminds that the numbers to date aren’t unusual.

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* US government agency warns that climate change poses risk to financial system
* China Evergrande makes debt payment, avoids default, according to state media
* Eurozone growth slows to 6-month low in Oct as prices accelerate
* US inflation expected to linger via 10-year Treasury breakeven rate
* Fed Chairman Powell’s reappointment remains uncertain
* Global bond market may be headed for worst year since 2005
* US Leading Economic Index continued rising in September
* US existing home sales surged in September, reaching 8-month high
* Philly Fed Mfg Index: sector continues to grow at strong pace in October
* US jobless continued falling last week, dipping to new pandemic low: