When we discuss our economic recovery, I like to look at high-frequency data, which is weekly data that comes out for us to study. It allows you to see jobless claims, retail sales, steel production, and more, and compare that to the previous year, month, etc. Today I’m sharing this data with you to discuss our recovery and inflation.

Feel free to watch the full message above, or use these timestamps that will direct you to various points in the video:

0:00 — Introduction to today’s topic

0:30 — Recovery tracker: high-frequency data

3:45 — We’re seeing the results of inflation

4:20 — Supply chains will take time to recover

5:15 — We have the classic setup for inflation: too many dollars chasing too few goods

5:50 — The Fed has committed to keeping rates low until 2023

6:55 — When the rates increase, we could see a recession if they go too far

7:55 — Our recovery is currently going well

8:25 — Wrapping up today’s topic

Remember that if you have any questions, comments, or concerns, don’t be afraid to reach out via phone or email. Also, please let me know if there’s content you’d like to see in upcoming videos. I’d love to hear from you.

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