It’s Here. Be Clear. Get Use To It!
It may be transitory or it may last for years. You are seeing it across the board.
Think Global; Watch Local.
I have seen the following since last year: carwash up 13%, ribeye steak up 40%, canned albacore tuna up 45%, packaged crab up 80%. Restaurant hors d’oeuvres up 35%. Gas! Homes! Rent!
Inflation caused by supply chain issues are particularly difficult to track or predict.
Governments typically under-report inflation numbers because most entitlement program COLAs are tied to reported numbers.
Inflation is a double-edged sword for investors. Retirees should be especially vigilant.
Focus on the opportunities that inflation will provide you.
If you are 50 or older Click Here:
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Ray Higgins San Diego