By SIMON CONSTABLE
When it comes to inflation, who are you going to believe, Janet Yellen or your lying eyes? If you see rising prices you should tweak your portfolio with some inflation-loving stocks.
Yellen, who heads the Federal Reserve, says inflation is subdued. The latest government data could delude you into thinking that's true, with the consumer price index up less than 2% on the year.
But here's the rub, because like politics, all inflation is local. If rising prices empty my wallet then we have inflation, regardless of what the government says. See original story here.
United States Federal Reserve,
Public domain, via Wikimedia Commons
No comments:
Post a Comment