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Government Is Misleading The American Public On Inflation: What This Means For The Stock Market November 17, 2021
Robert Zuccaro, CFA
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The Bureau of Labor just reported that the CPI rose 6.4% over the past 12 months. According to data assembled by Golden Eagle Strategies, we believe inflation is now running at an annual rate between 12% to 15% in the United States.
Despite the government stance that inflation is transitory, we believe that we are in the midst of the most destructive inflationary environment in U.S. history based on real returns. Fixed income investors are being eaten alive, wat