FDP Wealth Management
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Investment Advisory Services offered through FDP Wealth Management, LLC, a state Registered Investment Advisor and Valmark Advisers, Inc. Securities offered through ValMark Securities, Inc., Member FINRA/SIPC. 130 Springside Drive, Suite 300 Akron, OH 44333-2431 800.765.5201 FDP Wealth Management LLC is separate entity from ValMark Securities, Inc. and Valmark Advisers, Inc. Third party posts do
08/14/2023
Lessons from the 1960s
Fed Chief Jay Powell, along with other Fed officials, have been open about discussing the lessons they learned and the errors made during the 1970s.
The Consumer Price Index (CPI) jumped to an annual rate of over 12% in 1974 before falling back to 5% by 1976, per data from the St. Louis Federal Reserve.
However, the Fed became complacent, and it was forced to chase a rising rate of inflation, with the CPI hitting nearly 15% by 1980.
But what about the lessons of the 1960s? And how might they relate to our current situation?
Read the full analysis on our website...
Lessons from the 1960s - FDP Lessons from the 1960s - Market Commentary 08/14/2023
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8841 Research Drive , Ste 100
Irvine, CA
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