This is a stunning chart from Bank of America
On an annualized basis the flows into equity markets in the first 6 months are greater than the prior 20 years combined…..
This really is something, well done Jerome pic.twitter.com/9z2OwT7hzY
— Avid Commentator 🇦🇺 (@AvidCommentator) July 2, 2021
The U.S. economy will roar to life for the rest of this year and remain supercharged through 2022, the Congressional Budget Office said Thursday, though the analysts also warned Americans to expect inflation to rise “sharply” for several months.
The unemployment rate will fall to 4.6% at the end of this year and be back to pre-pandemic levels at some point next year, said CBO, delivering a glowing picture on the most politically important yardstick.
Americans who saved up during the pandemic are looking to spend, creating strong demand for goods and services. Inventories aren’t ready to handle that demand right now, thus the spike in inflation. The analysts said supply and demand will even out quickly and inflation pressures will dissipate by the end of the year.
- Stock Crash Warning: Do This ASAP
- Rumors of A Military Coup in China
- From October 1, German streets will be patrolled by the military to prevent riots
- A Major Country is Imploding…
- Economic Collapse Has Arrived In Germany. Will The U.S. Be Close Behind?
- Alex Jones Hasn’t Evolved a Bit in 30 Years of Broadcasting
- This Thanksgiving, Supplies Of Turkey, Eggs And Butter Will Be Extremely Tight In The United States
- “Get an EV,” they said. “It’ll be fun,” they said. This is at an EV charging station in California
- The USDA Wants You To Register Your Garden
- The World Has Been at War With the Devil That Calls Itself The Red Shield (Rothschild) for Centuries