With headline inflation at 6%, is this now the new normal? And what does this mean for you and your portfolio? So why do we have this inflation? Really, there are three reasons. One, we've been printing money. We've needed to do asset purchases, which is code for the Fed buys bonds in the open market as a way to inject capital into the system. This saved the country from a depression when the first shutdown occurred in March last year. It's always easy to start this money printing., it's harder to taper. Second, and this has gotten almost no airplay because it's so bipartisan, it appears, but every economist is choking on the concept, and that is tariffs. When the Trump tariffs came in and they have been maintained by the Biden administration, that basically increased the cost of everything that had a tariff applied. Tariffs are insidious…
Read More
Recent Posts
- Was Yesterday’s 2% Drop A Precursor Of Next Week’s Election?
- Market in Review Q3 2024: Rates Cut and Markets Run
- The Crystal Ball Myth: Why Even Top Traders Can’t Beat Efficient Markets
- The Fed Goes Big: How a Half-Point Rate Cut Impacts Your Investments
- Avion Insights: Understanding Last Week’s Stock Market Drop
Archives
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023
- August 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
Recent Comments