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Tag Archives: Lumber

No “Boom,” No Systemic Inflation Instead, a Return to “Normal”

In many parts of the country, no more masks!  Businesses reopening.  And, it sure does look like the impact of the latest stimulus checks (helicopter money) faded fast.  Despite the fact that the IRS continues to send out billions more in stimulus funds as they process 2020 tax returns, April Retail Sales fell -0.7% M/M.  Market expectations were for a rise of +1.0%.  In the retail sales world, this is …Read More