Who would have seen that coming?
In the Weekly Update for 9/18/2020 (Read it here) I wrote about the reality of inflation creeping into our economy for the first time in nearly 40 years!
In the Weekly Update for 2/5/2021 (Read it here) I suggested we could see 3-5% inflation, keep in mind, inflation at the time was a “nothing burger”, so a bold call!
Since then, I have continued to update our WSG family on how inflation got here, now and in the past in the 8/13/2021 Weekly Update (Read it here).
My inflation updates since 9/18/2020 have produced quite a library. You might enjoy taking a look at a few, especially now that we have progressed to a point of our Consumer Price Index (CPI) hitting 8.50% and not likely to go away anytime soon.
I have listed what I believe are the updates worthy of your review below. I am interested in your thoughts. You can read them all here!
3/5/2021 Key Allocation Changes
3/25/2021 Estimate 6 ½% Inflation for 3 – 5 years
7/30/2021 Now Expect 9% Inflation for 2 -3 years
10/29/2021 Detailed Cause of Inflation
11/12/2021 “The Real Return Illusion™”
12/17/2021 The Effects of Inflation in Your Home
1/14/2022 Bond Don’t Do Well Now
2/4/2022 The Fed Must Increase Rates Now
2/11/2022 What to Do to Adjust for Inflation
4/1/2022 Final Warning to Exit Fixed Income (Bonds)
I’m interested in your thoughts, comments and observations. Feel welcome to call, email or stop by the office and say Hi.
Respectfully,
James O. Lunney, CFP®
CERTIFIED FINANCIAL PLANNER™ Professional
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investment(s) may be appropriate for you, consult your financial advisor prior to investing. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Investing involves risk including loss of principal. No strategy assures success or protects against loss.
Bonds are subject to credit, market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise and bonds are subject to availability and change in price.