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Inflation Will Fall Faster Than Anticipated

Schwab Network

English - February 13, 2023 22:11 - 9 minutes - 105 MB - ★★★★★ - 23 ratings
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"Inflation could fall faster than expected. Supply chain bottlenecks are starting to thaw, fuel prices are coming down, and retailers have been discounting. The market will shift its focus to if or when a recession occurs, which could be by the end of 2023. If people expect higher inflation, they expect higher inflation, which could be a snowball effect. The jobs number is still fantastic with low unemployment. My favored sectors to invest in are healthcare, industrials, and technology," says Burns McKinney.