Inflation is currently at yet another four-decade high, with the heading customer price index surpassing (CPI) December's reading of 7% to reach 7.5% in January, according to the latest information release from the Bureau of Labor Data.
All eyes are currently on the reaction of the Federal Book. Michelle Makori, editor-in-chief of Kitco News, reviewed likely actions from the globe's largest reserve banks, in addition to the assets that will benefit most from a high inflationary setting, with Mike Lee, founder of Mike Lee Method, and also David Nelson, chief strategist of Belpointe Possession Administration LLC.
Comply With Michelle Makori on Twitter: @MichelleMakori ()
Comply With Kitco News on Twitter: @KitcoNewsNOW ()
Comply With Mike Lee on Twitter: @MikeLeeStrategy ()
Follow David Nelson on Twitter: @davidnelsoncfa ()
0:00 – Inflation as well as the Fed
8:00 – Recession
12:11 – Financial investment ramifications
16:17 – Russia/Ukraine stress
21:53 – Gold and also Bitcoin
#inflation #gold #Fed
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