The future’s always uncertain and that’s not going to change when attempting to weigh the risks and opportunities for the year ahead. But this much is obvious: inflation will be front and center in 2022 as a catalyst for surprises.

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* US coronavirus deaths have been ‘comparitively low’. Will that last?
* Airlines across US continue to cancel flights due to staffing shortages
* Forecasting is always challenging. Covid-19 and inflation is making it worse
* Biden and Putin to speak on phone today amid Ukraine tensions
* US oil output set to rise further in 2022, predicts industry expert Dan Yergin
* Pending home sales in US were unexpectedly weak in November
* US trade deficit in goods fell to a new record in November: