We Have to Talk About Inflation

Michael Batnick and Ben Carlson, experts in wealth management and asset management respectively, dissect the current economic landscape, focusing on rising prices and labor shortages. They discuss how rapid demand exceeds supply, leading to inflation. The duo highlights the psychological shifts in consumer behavior and impacts on wage growth, particularly for low-income workers. They also explore the political implications of these economic challenges, emphasizing the need for clearer communication from the Biden administration to address public concerns.