While there is plenty to discuss regarding what is happening in the stock market and the economy, much of it consists of the same actions and reactions that we’ve been talking about for a year and a half.
It started at a time when the government was distributing excessive money to sustain the economy during the Covid shutdowns. This was also a time when the supply chain was broken, resulting in high demand for limited products. When demand outpaces supply, inflation often occurs. During this time, we watched the Federal Reserve label the inflation as “transitory.”
William G. Lako, Jr., CFP®, is a principal at Henssler Financial and a co-host on “Money Talks”—your trusted resource for your money, your future, your life—airing Saturdays at 10 a.m. on AM 920 The Answer. Mr. Lako is a CERTIFIED FINANCIAL PLANNER™ professional.
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Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.