Week of 2/24/2021

We’ve established a YouTube channel to provide periodic, short videos on interesting topics. Please subscribe to receive updates and let us know if you have any ideas for future topics. Our first video, on cryptocurrency, is available here.

We like: breakdancing and enjoyed the news that it will be an Olympic sport in 2024. Why not? We read: some additional helpful commentary on why the actions of the Federal Government are unlikely to cause inflation any time soon. We remember: the Challenger explosion vividly and were interested to learn that the salvage operation after the 1986 explosion uncovered not only the space shuttle wreckage, but also several shipwrecks, airplanes, a torpedo, a toilet, and $13 million worth of cocaine. We recommend: this profile of Youyang Gu, a young scientist who is responsible for the most accurate Covid-19 projections, working unconnected to any major institution.

Q: How is the economy looking right now? A: Recent economic data remains mostly positive. Retail sales and the Housing Market Index both saw expectation-beating increases recently. Producer prices also increased more than expected and across different sectors. More data coming on Friday

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