It was quite a week last week, but a few things need to be discussed outside the market. The real world does tend to have an impact on the market. Gary remains in his resolve about being the most optimistic market watch in radio, but it gets harder and harder each day. There is a word in the market world called Stagflation, and it is what happens when prices go up for everything, but the Economy heads south. It’s not the worst thing to happen to the market; that is depression, but it’s up there.
Stagflation is dangerous because it means the economy is not growing as it should. As a result, jobs become scarce as companies struggle to garner business. With people out of work, it becomes impossible to afford anything and sinks us closer to a depression. This issue will force some companies to raise prices to regain loss wages slamming the middle and lower class.
Right now, Stagflation is taking effect in full force as prices are rising as goods become scarce. So take a look at gas prices next time you are at the pump, or even when you go out to the grocery store.
Investor’s Edge with Gary Kaultbaum can be heard on weekdays on MoneyTalk 1010. Gary Kaltbaum is a registered investment advisor with more than 30 years of experience in the markets. He is the owner and President of Kaltbaum Capital Management, a financial investment advisory firm headquartered in Orlando, Florida. He is a Fox News Channel Business Contributor regularly appearing on Fox News Channel and the Fox Business Network. In addition, Gary is the author of the book “The Investors Edge” and the host of a nationally syndicated radio show with the same title, “Investors Edge,” broadcast on numerous stations across the U.S. The show is also available on-demand and airs live 6-7 pm EST Monday-Friday. You can hear past shows online at garykaltbaum.com.
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