Inside the Economy: Jobs & Savings

This week on “Inside the Economy”, we discuss a few different topics. Jobless claims are trending down and permanent job loss from 2020 has recovered quicker than in 2008 and 2001. Some countries have tapped into strategic oil reserves and the recent price decline reflects the impact of extra supply in the market. Estate Tax revenue has been cut in half since 2017. How will the government look to increase future revenue? Tune in to find out!  

Key Takeaways:

• Savings rate have reversed to pre-pandemic levels
• 10-year treasury is starting to tick up
• M2 Money Supply continues to grow