Keckley Report July 19, 2021
As the Olympics premier in Tokyo Friday showcasing 11,000 elite athletes, much attention will be given to the potential threat of the Delta-variant-driven which looms as a major threat to unvaccinated populations and a major disruption to a return to normalcy in U.S. healthcare.
Getting less attention is growing concern about inflation in the U.S. Surveys by the New York Fed show consumer optimism about the economy increasing and their spending follows suit: in last week’s Consumer Price Index for June 2021, prices for goods and services, excluding food and energy, increased 0.9% in June on a month-over-month basis– up from May’s monthly change of 0.7% surprising economists who were expecting an increase of 0.4%. It represents a 5.4% increase...
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