Investor’s Edge with Gary Kaltbaum

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If you hope that prices will return to normal after the last few years, you may be in for a rude awakening. Inflation has been on an upward trajectory. Unfortunately, there looks to be no plan to stop anytime soon. Eventually, there will be an end to it, but the rates will likely fall all the way back down. Before, Covid inflation was about 2%, thanks to excellent production and cheap labor. But due to supply chain issues, worker shortages, and demand skyrocketing, Corporations now have to pass their cost down to the consumer.

Gas has also affected the overall issue. Not solely due to Joe Biden but largely due to his policies, the fuel price directly affects the price of goods. When it costs more to ship things, it costs more to get things. The war between Russia and Ukraine has exasperated the problem despite the US only receiving a small amount from Russia but enough to add to our inflation rates. As long as the war persists and Joe Biden’s policy choices continue, Gas prices will remain high, and so will the high prices.

Market Researches say the level of inflation does show signs of coming down over the next few years but gradually. Many are worried the Fed will force a recession in an attempt to calm things down. According to these researches, What America needs is a growing labor force. More workers mean more production, and that means more supply. Therefore, there does not need to be a drop in demand to drop inflation. [Source Axios]

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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