Beating Inflation

Every piece of inflation news has the power to terrify and send investors searching for ways to protect wealth.  Bonds look like a poor prospect.  As the Federal Reserve (Fed) raises interest rates, bonds will lose value simply as a matter or arithmetic.  (For an explanation see this post.)  Even if the Fed were to cease its counter-inflationary effort, … Continue reading Beating Inflation

The Inflation Threat

All inflation indicators have ticked up recently.  The cost of living is rising faster than we have seen for at least ten years.  The authorities in Washington – most notably Federal Reserve Board (Fed) Chairman Jerome Powell and Treasury Secretary Janet Yellen – have downplayed concerns over this news, saying the price pressure is “transitory.”  They may be … Continue reading The Inflation Threat