Over the past weeks and months, we've heard many stories in the financial media about inflation, when it's coming, and what it will mean. Today, Ed Lambert and Alex Cabot of Birch Run Financial break it all down.
Ed talks about the massive amount of money we have flowing through our financial system, thanks to historically low interest rates, economic stimulus money, and the pent up demand that will spring once we all get vaccinated.
Goldman Sachs is estimating a 7% growth to the US GDP in 2021, a very significant number - Ed breaks it down.
With the potential of higher inflation, what should investors do? Alex talks about which asset classes overperform and underperform in environments of inflation.
Alex also explains 4 things that we should do now:
Connect with Alex, Ed, and the team at Birch Run Financial:
Website: www.BirchRunFinancial.com
Email: info@birchrunfinancial.com
On Facebook: Birch Run Financial
On Twitter: @BirchRunFinance
Phone: (484) 395-2190