
Inflation and Your Investments
Have you noticed the recent headlines about soaring inflation? The better question is, how can you have missed them? My, how quickly things change. A New York Times article from May 2019 stated, “Federal Reserve officials are increasingly worried that inflation is too low and could leave the central bank with less room to maneuver in an economic downturn.” Less than two years later, the Wall Street Journal headline “Everything Screams Inflation” sounded alarm bells among investors. The author, a veteran financial columnist, wrote, “We could be at a generational turning point for finance. Politics, economics, international relations, demography and labor are all shifting to supporting inflation.”
Prices, as measured by the Consumer Price Index, jumped by 7% in 2021. However, the CPI measures a basket of specific goods and services, so inflation’s effects on your spending might look different.
Learn more in our latest article in Today’s Veterinary Business. Click here to read it.