Yesterday’s inflation print was a big surprise—a bad one. Yet, looking at the headlines, you could be forgiven for wondering why. The headline CPI, after all, increased by only 0.1 percent, after being flat the prior month. If we annualize those two months, the inflation rate would be only 0.6 percent per year, which is the opposite of what everyone is panicking about. It isn’t that simple, of course. But given that and the fact that inflation for the past 12 months was down from 8.5 percent to 8.3 percent, it would seem inflation is slowing. So, why the panic?
Client Relationship Specialist
Ashley has been working in the customer service field since she started her first job at age 16. For the past ten years she worked in an office setting handling accounts payable and receivable as well as some receptionist work. She is very excited to learn more about the investment field.
Client Relationship Specialist II
Vice President of Operations and Integrator
Wealth Advisor
Senior Client Relationship Specialist
Senior Wealth Advisor
Wealth Advisor | Director of Business Development
Wealth Advisor
Senior Wealth Advisor / Registered Principal
Senior Wealth Advisor / Registered Principal