Beware of Inflation: Don't Fight The Fed
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Don\'t Fight The Fed... How many times have we heard that phrase.
Yet people never seem to listen. This week Powell said get out of my way. I\'m fighting inflation like Volker. Inflation (via CPI) is still high at 7.1% but lower than last month and lower than expected. But still a far cry from the 4.25-4.5% Fed funds rate.\\xa0
The market got the message on Thursday and Friday. Looks like the Santa Clause rally is turning into a lump of coal.
Join us for some eggnog and cookies as we celebrate this episode with some updated inflation data and juicy insight into the markets and economy.
For more information, visit the show notes at https://moneytreepodcast.com/beware-of-inflation-dont-fight-the-fed-461
Today\'s Panelists:
Kirk Chisholm | Innovative Wealth
Douglas Heagren | ProCollege Planners
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