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.
Published by edstillman
I grew up in Carlsbad, north San Diego County, lost my dad as a teenager, went into the USAF for four years and hired on with 3M in 1969. Received my AA from Santa Barbara City College, BA and Masters from Redlands University and after 33 plus years, I retired from 3M in 2002. As I look back on my life, I have been creating myself and developing my skill sets to be a business coach and a Vistage Chair. I am president of SEOT, a "personal improvement" consulting firm spending most of my time working with Central Texas executives running small to medium size for-profit companies who are focusing on improving their profitability greater than their competition. My area of interest is assisting senior executives in creating a better balance between business commitments and personal relationships. I also facilatate three leadership labs each consisting of a dozen owners, presidents and CEOs. We meet monthly both in a group setting as well as in a 1-to-1 coaching session. Our focus is to sharpen each others' skills in becoming better leaders, making better decisions and taking ourselves and companies to that next level.
Who are we? My members are experienced top executives who recognize that they don’t have all the answers and who actively seek the company of successful peers—both to give and receive insights and ideas. My members mine the 200 plus years of chief executive experience that comes together in our monthly meetings and members are eager to offer their own experience and insights in the process.
As a group, we spend our time exploring topics members can't discuss anywhere else. My members have many other places where they can engage in idle, "cocktail party" chatter. Our mission is to provide the setting for discussing the "undiscussable."
Where or who can you go to for confidential, honest feedback to assist you in minimizing your personal "Worry List"?
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Austin Vistage | Ed Stillman 