In This Article:
The latest inflation data was in line with economists' expectations, which could signal that the Federal Reserve may slow its easing cycle to hold rates higher for longer. Sound Planning Group CEO David Stryzewski joins Wealth! Host Brad Smith to share his read of the inflation print and how to navigate the market if rates stay higher for longer.
Stryzewski says, "Nothing surprised the market" about November's Consumer Price Index (CPI) report, which was in line with economists' expectations. He adds, "I will say this: I am personally very cautious about inflation, and I think that inflation is absolutely here right now in the United States."
In what Stryzewski calls an "inflationary environment" he highlights three opportunities for investors: gold (GC=F), silver (SI=F), and bitcoin (BTC-USD).
Watch the video above for more about Stryzewski's inflation concerns and his thoughts on the opportunities for investors in gold, silver, and bitcoin.
To watch more expert insights and analysis on the latest market action, check out more Wealth here.
This post was written by Naomi Buchanan.