New Inflation Era

To close out this long holiday weekend and given how successful it is now reported that Black Friday turned out to be, breaking all records for Black Friday and coming in even a tad higher than the most optimistic projections, here's is Consuelo Mack's latest take on inflation.  Whether this big Black Friday weekend helps or hurts inflation is yet to be seen.  And, of course, there's also Cyber Monday coming up tomorrow, also one of the biggest shopping days of the year.  Hope everyone had a great holiday.  

New Inflation Era

November 23, 2022

Dear WEALTHTRACK Subscriber,

As we count our many blessings this Thanksgiving we are tackling one of life’s most challenging financial problems: couples and money. We have a special EXTRA interview with Victoria Collins, who for many years was one of the country’s top financial advisors. She’ll discuss why it is such an emotionally charged topic and provide common sense strategies couples can use to manage it. Collins will also share her family’s Thanksgiving tradition of teaching children and grandchildren about philanthropy, which I intend to use for my family starting this year. The podcast will be available this weekend on WEALTHTRACK.com. 

Since It’s the first week of the holiday fundraising season for Public Television, we are revisiting a recent very popular interview with influential financial thought leader, James Grant, publisher of Grant’s Interest Rate Observer. As WEALTHTRACK viewers know, Grant has been an outspoken critic of the Federal Reserve’s decade-long policy of suppressing interest rates to boost inflation. He shares his current view with inflation raging and the Fed reversing course by sharply raising interest rates. What are the implications for the financial markets? He discusses them plus two investment ideas for this new economic era. 

If you miss the show on public television, you can always watch it on our website over the weekend, along with all of our past programs and our guests’ One Investment recommendations.  You can also find the WEALTHTRACK podcast on Stitcher and SoundCloud as well as iTunes and Spotify.

The WEALTHTRACK team wishes you all the happiest of Thanksgivings! We are grateful for the precious time you share with us. Make the week ahead a healthy, profitable and productive one!

Best regards,

Consuelo