Market Update – June 11, 2021

Chirp

For the large part of the year, the markets have been watching very closely for any new inflation data point. The consensus is that we will experience higher than usual inflation and that most data points released over the next couple of months will be higher than usual. The reason is simple; most of the inflation data compares year-over-year movement, and last year in the second quarter the economy was mostly shut down.