January’s CPI (Consumer Price Index) numbers came in last week and inflation was hotter than expected. Prices were up 0.6% in January, which means a year over year (yoy) increase of 7.5%. As you may have seen, this is the highest since 1982. As we’ve said previously , inflation is one of the scariest words in finance. It invokes troubling memories of the 1970’s where inflation was high... READ MORE

Portfolio performance in 2021 ended on a solid note with a strong December after a weak November. Most portfolios were up double digits for the year. This performance extended a winning streak that began at the end of 2018, despite the extreme COVID selloff in 2020. And, looking further back, portfolios have consistently gained since the Great Financial Crisis in 2008. Will it continue? Of... READ MORE