Ignore the Pundits — Inflation Isn’t Coming Back
I’ve been in the markets for a quarter of a century now. And every time we’ve seen a little bit of an uptick in inflation, we’ve had these pundits come out.
I call them the “inflationistas.” They’ve been shouting about inflation for 25 years. It’s like the boy who cried wolf.
But there’s a bigger story going on here.
In today’s Market Insights video, Steve Fernandez and I discuss why inflation isn’t coming back — and how some consumer products will actually get cheaper.
Editor, Strategic Fortunes
My career on Wall Street started while I was in college. I spent a summer interning for Merrill Lynch in the middle of the ‘90s bull market. I was fascinated with trading, and as a result, after college, I joined Salomon Brothers in the famed mortgage bond trading department. Later, I spent time at Citigroup working with credit derivatives. Eventually, I needed to walk away from the excess of Wall Street. That’s when I joined Banyan Hill in 2017. Now I help readers get ahead of the market and build their retirements.