When Treasury Secretary Janet Yellen this week said interest rates might need to rise in order to cool emerging inflation, markets reacted immediately. Negatively. So much for that trial balloon, even though what Yellen said was true. Later, she recanted her remarks, but that did not alter the reality of what she said. RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, with Portfolio Manager, Michael Lebowitz, CFA _________ Articles mentioned in this show: ➢ The Adverse Consequences Of A $15/Hour Wage Hike https://realinvestmentadvice.com/the-adverse-consequences-of-a-15-hour-wage-hike/ ➢ Noah Didn’t Yield To FOMO, Neither Should You https://realinvestmentadvice.com/noah-didnt-yield-to-fomo-neither-should-you/ _________ Upcoming Events: ➢ 5/22/21 Candid Coffee: Learn about the best accounts to save for healthcare, retirement, and emergency reserves. This is a FREE event that takes place over ZOOM. Register: https://zoom.us/webinar/register/6216201656274/WN_33C8T9JZSPuhc_x1VIASpw _________ ➢ RIA Newsletter: Subscribe to our free newsletter for market updates, analysis, financial tools and more: https://realinvestmentadvice.com/newsletter/ ➢ Podcast: The Real Investment Show: Listen daily on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-real-investment-show-podcast/id1271435757 ➢ RIA Pro: 30 Day Free Trial: Sign up for in-depth analysis, research, portfolio models, and more: https://riapro.net/home _________ GET IN TOUCH: Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN SOCIALS: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #LanceRoberts #TheRealInvestmentShow #JanetYellen |
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1 comment
Arnold Ziffel
2021-05-06 at 17:30 (UTC 2) Link to this comment
The inflation will be transitory on the way to hyperinflation.