The two dirty words, inflation and recession, are everywhere. Even if you are not into investing or finance, you can’t help but see them all over the news headlines, financial blogs and YouTube channels. It is as if the world is moving toward an inevitably doomed economy, and everybody is going to become poorer.
I have studied a lot about inflation and recession in my more than 15 years of career as a financial adviser. It is not to say that I am totally optimistic about the stock market and economy, but I think there is too much misinformation circulating around.
People often repeat what they hear without first verifying if it is true and whether they repeated it correctly.
My followers know that in 2020, I have already said “inflation is the only way for the world to get out of the pandemic” and this will cause a retirement crisis globally....