fbpx

Inflation Is Real?!

Margaux Fiori

FFG Fiori Financial Group

205 SE 20th St.

Fort Lauderdale, FL

954.763.2600

www.fiorifg.com

This past month solidified what we all knew to already be true, inflation is not transitory. Fed chairman Jerome Powell acknowledged this when he changed his tune during a congressional hearing stating that it was, “probably a good time to retire that word.” This left the market in disarray as it tried to figure out what the future Fed policy will be and what it would mean for the economy. Fortunately, this is something we were prepared for as many of the companies that we follow have been ringing
the inflation alarm bell for some time now. Wages are rising and the call for unionization among workers has been steadily increasing. This can be seen at a wide range of companies such as Kellogg’s, John Deere, Amazon, and Starbucks that have had to contend with strikes and labor unrest for much of the year.

The pandemic has upended the way we work and has changed the demand and expectations employees have regarding their jobs and responsibilities. People want higher pay, more flexible hours, and a more balanced work/life relationship. Regardless of your view towards these topics, they will lead to higher wage costs which will likely stick and eventually be passed on to us, the consumers, by way of higher prices. This is a clear sign that inflation will be with us for a while. If the Fed’s about face wasn’t enough, the market was confronted with yet another COVID-19 variant – Omicron. Although the initial consensus was that the Omicron variant will not be as debilitating as prior ones, the market was left confused as to what the ultimate effects would be. Thankfully, it did not have a big effect on the holiday celebrations as people were unwilling to let that happen again.

Happy New Year!

You May Also Like

Low Testosterone Harms Men’s Health?

Carolyn Zaumeyer Nurse Practitioner LowTE Florida 4540 N. Federal Highway Fort Lauderdale, FL 33308 954.791.4498 LowTEFlorida.com Testosterone is an important hormone for both men and women. Without an optimal testosterone level, you can’t build muscle and over time you lose muscle mass and strength. In men, a low testosterone level is associated with increased cardiovascular

Summertime and The Grillin’ Is Easy

Lenore Nolan-Ryan Lenore Nolan Ryan Catering & Cooking School Galt Ocean Plaza 3311 North Ocean Blvd, Ft Lauderdale, FL 33308 954.491.2340 lenorenolanryan.com Whether you’re grilling on a guaranteed-for-life Weber, the cult-followed Big Green Egg or a simple in-your-kitchen George Foreman, summer is about grilling! What is grilling all about? …the food! Steak! Usual cuts, nah,

Lenore Nolan Ryan
Does Your FemiNeed a Lift?

Carolyn Zaumeyer Nurse Practitioner LowTE Florida 4540 N. Federal Highway Fort Lauderdale, FL 33308 954.791.4498 LowTEFlorida.com FemiLift® is a state-of-the-art, minimally invasive outpatient solution that incorporates CO2 technology to provide optimal care for various feminine concerns. FemiLift helps rejuvenate the vaginal area which may improve mild urinary incontinence, sexual satisfaction, and decrease vaginal infections. The

Aging And Entrusting Your Loved One’s Care

Michelle Barton-King, Esq., Partner at Boyd Richards Parker Colonnelli Chairperson of the Board of United HomeCare 305.716.0710 or visit unitedhomecare.com Entrusting someone with the care of your loved one is probably one of the most important decisions you will need to make in your lifetime. When deciding whom you will entrust, consider that this person will

Other Posts

Summer Fruit A’B’C’s Tomato

Lenore Nolan-Ryan Lenore Nolan Ryan Catering & Cooking School Galt Ocean Plaza 3311 North Ocean Blvd, Ft Lauderdale, FL 33308 954.491.2340 lenorenolanryan.com Are tomatoes a fruit or a vegetable? We refer to tomatoes as a vegetable due to their use in savory dishes, but according to the botanical definition, it is indeed a fruit! Fruits

Is Menopause Affecting Your Work?

Carolyn Zaumeyer Nurse Practitioner LowTE Florida 4540 N. Federal Highway Fort Lauderdale, FL 33308 954.791.4498 LowTEFlorida.com The menopausal transition — the period in which reproductive hormone levels become highly variable and menstruation cycles eventually cease — typically starts between the ages of 45 and 55 and lasts around seven years. During this time, women experience

Seafood A’B’C’s Salmon

Lenore Nolan-Ryan Lenore Nolan Ryan Catering & Cooking School Galt Ocean Plaza 3311 North Ocean Blvd, Ft Lauderdale, FL 33308 954.491.2340 lenorenolanryan.com Vibrant colored pink and orange and full of Omega 3’s. You may not know a lot about this beautiful species, so let me fill you in. Most salmon are anadromous fish, meaning they

No Senior Should Ever Go To Bed Hungry

Maria G. Lamas, MBAUnited HomeCare® Board Member305.716.0710UnitedHomeCare.com As the U.S. population ages, more people are facing food insecurity for themselves or their loved ones. There are seniors in Miami-Dade County who do not have the means to access daily, nutritious hot meals. Everyone deserves to eat when they are hungry, the most basic of needs,