In this video edition of “Five Minutes With Commerce Trust Company Chief Economist Scott Colbert,” Scott explains why he believes U.S. economic growth could still exceed 4% this year despite the headwinds from spiking inflation and the knock-on effects of stubborn supply chain disruptions during the pandemic. Key drivers of Scott’s optimistic growth picture include the continued favorable impact of ultra-low interest rates, ongoing fiscal stimulus, and the seldom-discussed effect of excess savings that consumers currently have on the sidelines. By some measures, this built-up excess could be in the neighborhood of $2.7 trillion, and will eventually find its way back into the economy.
2 min read
Investment Policy Team : Dec 5, 2022 11:00:00 AM
No matter how wealthy you are, you want to be prepared for routine year-end conversations with financial, legal, and tax advisors. The following...
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Kevin Ertl : Dec 5, 2022 10:15:00 AM
The U.S. home improvement industry is stronger than it has been in decades. Not only do remodeling projects encompass the sale of building materials,...
Guy Hockerman, CPA, CFP®, Senior Vice President, Financial Planning Manager, Commerce Trust Company : Dec 5, 2022 7:30:00 AM
Money problems impact our lives everyday — some through no fault of our own. Perhaps you were a victim of identity theft, which put all your private...
Scott Colbert
