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Inflation at 5% in May: Transitory or a structural problem
By New Academy of Finance  •  June 11, 2021
The latest inflation number was out last night, with the figure of 5% higher than the market’s expectations of 4.7%. While the Fed will like you to believe that this high inflationary figure is transitory, what if it is more persistent? One key point in the 5% number that is not made known to many is that Food price increment is extremely marginal. That is rather surprising if we consider that supermarkets and many food retail outlets are grappling with higher input/raw material costs. Is this going to be a prelude to rising food costs in the future? Check the video as we provide some ideas on what you can do to position size your portfolio in an inflationary environment. 2:00 mins May inflation numbers at 5% 3:00 mins Why isn’t CPI numbers even higher? 4:25 mins Is the Fed promoting financial stability...
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By New Academy of Finance
I have got no sob-stories to entertain ya. I am just a regular joe, happily married, with two “highly energetic” young boys that can never seem to settle down! Life is peaceful, or if you wish to put it with a tad of negative connotation to it, BORING. Some say boring is good!
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