Another quick edition today, as the message is a cautionary one.
The rate of inflation has continued to increase recently. The Wall Street Journal quotes the nationwide inflation rate now at 7.9%. Most clients and friends with whom I speak say they feel little pain and that all they notice about inflation so far is the rising cost of gas and higher grocery store bills. How much longer will inflation continue “not to matter”? What if the US Federal Reserve gets impatient and starts raising rates more aggressively?
