Talk about a seismic shift! Inflation is back with a vengeance. Higher prices are being felt throughout the economy by consumers and businesses alike.
The Consumer Price Index, the most widely followed measure of price moves at the retail level, has just experienced its biggest year-over-year increase since the early 1990s.
Are these price increases transitory as the Federal Reserve would lead us to believe or are we in a new era of higher prices not seen since the late 1970s?
This week’s guest penned an editorial in The Wall Street Journal recently asking the question: “Does the Fed Have the Will to Fight Inflation?”
He is Financial Thought Leader Jason De Sena Trennert, Co-Founder, Chairman, CEO, and Chief Investment Strategist of Strategas Research Partners,
Trennert will address the investment and strategy implications of higher inflation.
WEALTHTRACK #1817 broadcast on October 22, 2021
WSJ Editorial: https://www.wsj.com/articles/federal-reserve-inflation-reduce-monetary-policy-price-stability-11633291208