Pomona Wealth Market Comment November 2021 - The Haunting of Inflation, Trick or Treat?
Credit: Photo by A Koolshooter from Pexels Looking for this year’s Halloween attire, I was disappointed that no inflation costumes were available. Judging by the media inflation is currently the biggest scare, so an inflation attire would have been fashionably scary. Markets obliged with falling valuations, the costume rentals did not. Inflation is a problem when you buy a very specific basket of goods. Inflation is not a problem if you focus on a different basket of goods.
