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Greg Greg
Bloomberg Television
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Comments by "Greg Greg" (@SlowhandGreg) on "Summers: Inflation Outlook Worst in 40 Years" video.
@richardshipe4576 There are things working through the economy which will change it over the next few decades. Firstly looking at inflation did you know that the cost of worldwide container shipping had increased by 330% and everyone knows Oil has jumped by 25% On the other side of the coin US manufacturing is up for the 18th month in a row this phenomena seems to be related to companies wanting to source their goods from closer to home as the pandemic has put several nails into the worldwide on demand supply chain. Employment is at virtual full employment and economic activity in the small business sector is up. I'd also add the US is on the start of an S curve on EV adoption with the likes of Tesla proving that in sourcing and control of your supply chain is a very profitable model. Way to go President Brandon your economy despite all the doomsayers is actually booming
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