'Inflation is here to stay': financial adviser

Yahoo Finance2021-08-05

The upward movement we're seeing in prices is not transitory and big tech will suffer from it, says one financial adviser. "Wages are going up and typically what happens is they just don’t go down ...

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Comments

  • Yawyaw
    2021-08-05
    Yawyaw
    Unavoidable 
  • SheperdBoy
    2021-08-05
    SheperdBoy
    Stay invested in good businesses till all dollars slowly erodes 3-5% yearly
  • mathmadtiffy
    2021-08-05
    mathmadtiffy
    What a news
    • CcJt: 
      So interesting
    • Adollar: 
      Looks like inflation wIll go up and up
  • Blading23
    2021-08-05
    Blading23
    Read
  • robot1234
    2021-08-05
    robot1234
    The FED will continue to shout inflation is transitory. What else do we expect the FED to do when her political master, the President Biden, has decided to print USD6 trillion dollars to make the US economy competitive again. The mass printing of USD will push the US debt beyond 30 trillion, and the debt to GDP ratio way above 110%. It is probably better to err on the safe side and adopt a defensive stand, and to have a sizeable reserves ready for a market correction.
  • sfleong1
    2021-08-05
    sfleong1
    Like n comment
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