
Omicron’s Economic Impact Amid The Holiday Shopping Season
Bloomberg Intelligence
00:00
The Inflation Story Isn't as Transitory Is Expected
Personal savings rate ais a percentage of your disposable income, and right now we're only at seven point three %. In fact, the five year average is nine point six%. So i think the inflation story is that it's not as trans tory is expected. If it does, that's going to be really good news for market on ino. It will make real interest rates go higher, but it'll do so in kind of a benevolent way, because inflation is coming down.
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