The Bureau of Labor Statistics announced on June 10 that the rate of inflation over the past year rose 5%, the highest jump since 2008, due in large part to the reopening of the economy.
In our latest podcast, recorded the morning the numbers were released, JNBA Chairman and CEO Richard S. Brown talks with David Webb, Director of Investment Management and a leader of our Investment Committee. They discuss our team’s perspective on the latest economic news, how transitory the elevated level of inflation may be, and what rising prices could mean for consumers and investors.
Click the button above to listen to this nine-minute discussion.
And, as always, if you have questions or need anything, please do not hesitate to contact your JNBA Advisory Team.
Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.
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