NFCU's Frick sees economic growth on tap and inflation on hold

Robert Frick, corporate economist at Navy Federal Credit Union, says the economy will deliver stellar economic growth but that the deep hole it is coming out of will make progress slow, which is actually good news in that it means the pandemic recovery should last longer. Frick believes that inflation worries currently are overblown, saying that so long as unemployment is high and wage growth is low, significant inflation will have a tough time finding a foothold. Also on the show, Tom Lydon of ETFTrends.com says that pent-up demand should spark the retail industry, so he makes a retail specialty fund his ETF of the Week, Matthew Schultz discusses a LendingTree survey showing that many Americans save a few bucks by mooching their online services from the accounts of others, and Mike Larson of Weiss Ratings -- editor of Weiss' Safe Money Report -- talks stocks in the Market Call.