Inflation is down to 3.2%, but with continued strong wage growth and low unemployment, could inflation re-accelerate in the near future, just like in 1979?
Plus: new research indicates that excess household savings from the pandemic are nearly gone, and the bond market returns to normalcy.
Show notes: https://wealthchannel.com/2023/08/twcp-012/

Inflation is down to 3.2%, but with continued strong wage growth and low unemployment, could inflation re-accelerate in the near future, just like in 1979? Plus: new research indicates that excess household savings from the pandemic are nearly gone, and the bond market returns to normalcy. Show notes: https://wealthchannel.com/2023/08/twcp-012/

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Second Inflation Wave?, Excess Savings Nearly Depleted, & Bonds Back To Normal (Episode 12)

Second Inflation Wave?, Excess Savings Nearly Depleted, & Bonds Back To Normal (Episode 12)