Market Update: Inflation - Rising Rates Here to Stay?
David L. Blain, CFA, is the Founder and CEO of BlueSky Wealth Advisors, and the author of "Invest in Your Life, Not Just Your Portfolio."
Market Update: Rising Inflation Rates During the Economic Recovery
Image source: Vanguard assessment as of April 13, 2021, using data from the U.S. Bureau of Labor Statistics, Federal Reserve Economic Data, Federal Reserve Bank of Atlanta, Federal Reserve Bank of New York, and the U.S. Congressional Budget Office.
As the world economy is coming out of a virtual shutdown, David L. Blain, CFA, explains what may be driving the latest rate increases. Could this be a natural correction in the economy or is this a sign of things to come? Watch as David gives the facts and figures behind the latest buzz around inflation rumors.
0:00 - 1:45 | Introduction & Current Inflation Rates
1:46 - 3:57 | Inflation: What It Is and What It's Not, Distinction from Ordinary Price Fluctuation
3:58 - 6:14 | The Base Effect: What's Going on in the Economy?
6:15 - 9:17 | Supply & Effect with Supply Chain; Consumer Industry Numbers During Economic Recovery
9:18 - 11:33 | Projected Inflation Rates Post-COVID, and the Impact of Government Assistance/Higher Minimum Wage on the Value of the US Dollar
11:34 - 13:26 | Inflation: A Self-Fulfilling Prophecy
13:27 - 13:51 | Industries Serving as a Downward Pressure to the Economy
13:52 - 14:17 | Monetary Policy: Federal Reserves' Global Response
14:18 - 15:07 | Closing Summary
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