This content is the sole product of Wealthion, LLC. Peak Prosperity has no financial ties to Wealthion and neither endorses nor refutes its content.Inflation just took a massive spike higher.
Just-released data shows core inflation has suddenly soared to levels not seen since the early 1990s:
High inflation is a wealth-killer. Draining the purchasing power of your income and savings, while crushing you under a rising cost of living.
How worried should you be about it now?
To answer that, Wealthion brought in an expert: a former advisor to the Federal Reserve (whose $trillions in monetary stimulus over the past year are a primary cause of the inflation surge we’re seeing today).
Danielle DiMartino Booth breaks down the recent massive spike higher in the core inflation rate data.
She also shares which asset classes appear prudent given the highly uncertain environment now facing today’s investors.
Danielle’s outlook underscores why now, more than ever, it’s important to partner with a financial advisor who understands the nature of the market risks in play as well as the opportunities, can craft an appropriate portfolio strategy for you given your needs, and apply sound risk management protection where appropriate:
Anyone interested in scheduling a free consultation and portfolio review with Mike Preston and John Llodra and their team at New Harbor Financial can do so by clicking here.
And if you’re one of the many readers brand new to Peak Prosperity over the past few months, we at Wealthion strongly urge you get your financial situation in order in parallel with your ongoing physical resilience preparations.
We recommend you do so in partnership with a professional financial advisor who understands the macro risks to the market that we discuss on this website. If you’ve already got one, great.
But if not, consider talking to the team at New Harbor. Wealthion has set up this ‘free consultation’ relationship with them to help folks exactly like you.
This is a companion discussion topic for the original entry at https://peakprosperity.com/inflation-spikes/