WGSO Radio

Community Voice of the Crescent City

Current track



CALL IN (504) 556-9696

CALL IN (504) 556-9696

SLOW MONEY – MAY 16, 2022

Written by on May 16, 2022

The Fly in the Balanced Portfolio Ointment

The ARC Asset Management team discusses last week’s CPI (inflation) data, the fact that economists continue to cut GDP forecasts, the University of Michigan Consumer Confidence numbers (weakest since 2011), all while household balance sheets – and corporate balance sheets – remain strong, making the Fed’s job to tame inflation more difficult. This poses unique problems for traditional balanced portfolios as stocks and bonds have been moving in the same direction – down.