Stagflation Investing - David Stryzewski #5466
Summary: We\u2019ve been hearing a lot about inflation in the news, and the government has admitted to a 7.5% inflation rate\u2014the worst a country has seen in the last 40 years. I have David Stryzewski on the show to discuss this topic, and he says that interest rates, inflation, and geopolitical situations will ultimately be the factors that move the markets. It\u2019s an important time to sit down and take account of your finances, and to prepare for the possibility of a stagflationary environment. Highlights: -The government is admitting to 7.5% inflation\u2014this is the worst inflation a country in the world has encountered in the last 40 years -What factors will move the markets? Interest rates, inflation, and geopolitical situations -As the Fed is reducing its balance sheet and raising interest rates, the average consumer is put in an interesting position -This is an important time for people to sit down and take an account of where they are financially -David\u2019s primary concern is stagflation, which comes from high inflation, high unemployment, and slow economic growth -We\u2019re experiencing a deficit of semiconductors -The Fed is probably going to do more in the short term Useful Links: Financial Survival Network Sound Planning Group