A Message From Edge Investment Solution's Damon Walker:
Chart of the Week
Since April lockdowns, inflation has been more pronounced within a subset of goods such as used cars, sporting goods, and electronics, led by both an unexpected increase in consumer demand and temporary supply chain constraints. If demand-driven inflation proves to be persistently strong, the Fed timing for policy liftoff may potentially be pulled forward. However, this depends on the pace of consumption recovery.
Source: Goldman Sachs GIR, Commerce Dept, Labor Dept. As of Mar 24, 2021.