Inflation or No Inflation?Factors for Inflation:1) Pent-up demand2) Stimulus checks3) Supply-side crunch4) Fed's influence in managing expectations5) Gov expansionary fiscal policy6) Student Loan ForgivenessFactors for No Inflation:1) Inflation will be imported to other country as US buys more overseas goods2) Employment situation is still not at full capacity with exceptional rise in income level3) Inflation data that we have seen is due to low base effect and is transitory. Consumer will reduce consumption after covid situation eases.Please like, comment and add [微笑]
Inflation data, consumer confidence: What to know this week