Aug 27, 2021
With inflation back, the Fed may have to at least consider changing some of its policies. And Moody’s Analytics economist Mark Zandi tells CNBC that’s going to make your portfolio vulnerable to a 10-to-20 percent correction! He goes on to say that it could take up to a year to return to break-even. First, do you agree with what he’s predicting? And second, is that a problem?
Then, Kiplinger warns that those of us approaching retirement are facing a “perfect storm”: Low interest rates and high inflation … the combination of which will force us to take on more market risk than we’re comfortable taking. How do we navigate that perfect storm?