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NestEgg News October 2021 Thumbnail

NestEgg News October 2021

The most closely watched economic indicator today is inflation. The federal bank has made it a top priority to manage inflation during the next year. Inflation is like the villain Spectre in the latest Bond movie – No Time to Die. They both like to steal from the economically vulnerable. This is a particularly painful trend, as it acts as a hidden tax to lower income families, already beset with COVID disruptions to children’s school, low pay, work, and daycare. Here are some of the issues contributing to inflation.

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NestEgg News - September 2021 Thumbnail

NestEgg News - September 2021

September and October come with a history of market volatility. We witnessed a reminder of this earlier this week when the Federal Bank reiterated concerns about continued inflation. The bank has been talking about inflation for the past several months, so it’s a bit surprising the markets reacted so sharply to Monday’s news release.

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NestEgg News - June 2021             Thumbnail

NestEgg News - June 2021

Inflation has NOT been a persistent and serious threat to the economy since the 1970s and early 1980s. In the past 30 years there have been 8 periods where economists predicted high inflation. Including today.

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