Feb
11

Increasing Inflation

The combination of the $900 billion support package signed by President Trump in December, the virtual certainty of another $1.9 trillion Democratic aid package, the probability of a large infrastructure/stimulus bill in February, and the Fed’s desire to keep rates artificially low, along with increased household spending due to high savings rates from prolonged pent-up demand, raises inflationary concerns. The Fed may have to work very hard to repress yields.

Share This Post
Facebook Twitter Email

Speak Your Mind

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.