The Chip Shortage Was the Canary in the Coal Mine
The economy is in a strange place right now. One can confidently and accurately point to data suggesting the economy is in a good position in terms of customer demand, unemployment, wage gains, and household saving rates. At the same time, however, problems such as unfilled jobs and inflation suggest a perilous state.
When it comes to the good news, people have disposable income and are willing to spend it on goods…
When it comes to the good news, people have disposable income and are willing to spend it on goods…