The purchasing power of the U.S. dollar has been steadily growing over the last quarter. Even as the Delta variant rages, confidence in the market has generally recovered. Although the vaccination rollout has run into some hurdles, it has overall been successful.

Generous government spending to combat the economic fallout from the pandemic has raised concerns about inflation. Although some inflation is inevitable (and a sign of a healthy economy), fears of hyperinflation are mostly unfounded. Interest rates will rise to encourage saving long before inflation becomes out of control.

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