U.S. Economy Has Lifted Off, Says Evercore ISI’s Hyman

The transcript discusses the recent economic growth, highlighting the retail sector's explosion and the recovery of airlines. It predicts significant earnings growth and its impact on the stock market, despite rising interest rates and inflation. The current economic conditions are described as unprecedented, requiring humility in predictions. The discussion also covers inflation trends, suggesting it will peak higher and later than expected before stabilizing by 2023.

According to the text, how does the speaker view the uniqueness of the current economic moment?

What are the speaker's thoughts on inflation and its expected trajectory?