AUTHOR: TOWNEWEALTHMANAGEMENT.NET/BLOG 11/17/2021 Towne Wealth Management BLOG:
And the Inflation Plan?
The University of Michigan's Index of Consumer Sentimentfell to the lowest level since 2011 this early November, says Breitbart 11/12/2021. Amazingly, the consumer sentiment is actually worse than at the pandemic height, when we shut down the economy and told people to avoid contact with friends and family. The article goes on to report that the consumer sentiment is at 62.8, which they interpret as a vote of no confidence in the current presidential administration or the Federal Reserve to do anything about the acceleration of prices. Further, the article suggests the White House has no plan…. for inflation at all.
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Russell E. Towne, LPL Financial Advisor, is a registered representative with and Securities and Advisory Services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC.
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