CBC Partner Lindsey Piegza, chief economist at Stifel Examines the Market Impact of Inflation and Economic Growth

Analysis provided by: Lindsey M. Piegza, Ph.D, Stifel Analyst, Chief Economist and featured on “Bloomberg Surveillance.”

 

The market is focused on the momentum that we're seeing in inflation. Looking at the composition of the growth, in the first half of 2021 we saw a 6.5% GDP mostly spurred by trillions of government spending. In this back half, we're likely to see 1/3 of that activity that is much more organic, but arguably much more sustainable as we turn the corner into 2022. 

It feels like we're getting back to pre-pandemic levels of the economy. Hear more from Lindsey on "Bloomberg Surveillance" here.

 

More About Stifel

Stifel Financial Corp. is a diversified financial services holding company that conducts its business through several wholly owned subsidiaries. Its primary broker-dealer subsidiary, Stifel, Nicolaus & Company, Incorporated, is a full-service brokerage and investment banking firm established in 1890. Stifel Financial Corp. was formed as a holding company in July 1983 and is publicly traded on the New York Stock Exchange under the symbol "SF."

 

About Commercial Bank of California

CBC is a full-service bank serving the business and professional communities of Los Angeles and Orange counties. Recognized as a BauerFinancial, Inc. “Five-Star Bank” for its financial strength and stability, CBC provides the financial expertise of a major bank while maintaining a commitment to personalized service for every CBC client. More information about CBC’s custom solutions for your business is available at http://www.cbcal.com/.