The Sugar High Economy: “Mix extremely loose monetary policy, a federal government cutting checks like it’s going out of style, and extensive roll-out of the COVID-19 vaccines, and what do you get?
Answer: Some really strong economic data. The problem is that this rapid growth, like a “sugar high,” is not going to last.” So begins a one page recap of the major drivers of the economy by economist Dr. Brian Wesbury with a warning that the economy has much further to go to reach a full recovery.´ Check out his thoughts on “The Sugar High Economy.”
New!! Economic Recovery Tracker: It’s been that said the “liars will figure but figures don’t lie.” The 24 news cycle creates a lot of negative noise regarding the economy which clouds the meaning of what little data they actually provide. Dr. Brian Wesbury has begun offering a one page recap featuring several metrics that provide data about the post Covid economy. Check out his Recovery Tracker.
“Plan with Confidence” Brian Beaulieu of ITR Economics reminds us “The consumer drives the economy.” The consumer is strong currently and Mr. Beaulieu believes the data shows there’s “dry powder” in the form of savings that will continue to drive it going forward.
Check out his recent blog post Surging Sales. which Mr. Beaulieu feels should allow you to “Plan with Confidence.”
And if you need to talk about your business outlook, let’s connect over coffee.