ECONOMIC UPDATE FEBRUARY 2021

Roger Martin-Fagg’s latest Economic Newsletter, which includes the setting of his views of today’s situation in an historical context. I hope you find it interesting.….

Roger believes:   “….. there is significant pent-up demand (which) will surge when freedom is restored, hopefully in Q2. If there are no further lockdowns, this will cause inflationary growth. This will not result in higher interest rates, unless and until wages take off”.