Apr 11, 2022
Summary:
We’ve been hearing a lot about inflation in the news, and the
government has admitted to a 7.5% inflation rate—the worst a
country has seen in the last 40 years. I have David Stryzewski on
the show to discuss this topic, and he says that interest rates,
inflation, and geopolitical situations will ultimately be the
factors that move the markets. It’s an important time to sit down
and take account of your finances, and to prepare for the
possibility of a stagflationary environment.
Highlights:
-The government is admitting to 7.5% inflation—this is the worst
inflation a country in the world has encountered in the last 40
years
-What factors will move the markets? Interest rates, inflation, and
geopolitical situations
-As the Fed is reducing its balance sheet and raising interest
rates, the average consumer is put in an interesting position
-This is an important time for people to sit down and take an
account of where they are financially
-David’s primary concern is stagflation, which comes from high
inflation, high unemployment, and slow economic growth
-We’re experiencing a deficit of semiconductors
-The Fed is probably going to do more in the short term
Useful Links:
Financial Survival Network
Sound
Planning Group