Hub Wealth Strategies

Congratulations to our own Yan J. Katz of HUB Wealth Strategies on being named to the Forbes 2026 Top Financial Security Professionals Best-In-State list, developed in partnership with SHOOK Research.

As a multi-year recipient of this distinction, it serves as a testament to Yan’s unwavering dedication to helping clients protect, plan, and build financial confidence for the future.

Congratulations, Yan, on this well-earned recognition and continued success!

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Inflation accelerated in May per the latest data, with the Consumer Price Index (CPI) rising 0.5% for the month and 4.2% over the past 12 months, marking the first time annual inflation has exceeded 4% in three years.

The primary driver was energy costs, which jumped 3.9% in May and are now up 23.5% from a year ago. Energy accounted for more than 60% of the monthly increase in inflation. Food prices rose a modest 0.2% during the month, while shelter costs increased 0.3% and remain up 3.4% year-over-year.

Encouragingly, underlying inflation pressures remained relatively contained. Core inflation, which excludes food and energy, increased just 0.2% in May and 2.9% over the past year. Core commodity prices actually declined 0.1%, suggesting that broader price pressures remain muted despite higher energy costs.

Several categories, including transportation services, motor vehicle insurance, and new vehicles, posted declines, while airline fares, medical care, and recreation costs moved higher. The report suggests that while consumers continue to feel the impact of rising energy and everyday living costs, inflation outside of energy remains comparatively stable.

Sources:
https://www.bls.gov/news.release/cpi.nr0.htm
https://www.cnbc.com/2026/06/10/cpi-inflation-report-may-2026.html

🎯 Many high earners have strong income but limited visibility into where it goes.

Bringing all accounts, goals, and cash flow into one organized system changes everything.

Clarity simplifies decision-making and supports confident next steps.💡

📅 Let's connect to see how a structured plan can help you take control of your wealth.

- 𝗬𝗮𝗻 𝗝. 𝗞𝗮𝘁𝘇
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HUB Wealth Strategies
📍160 Gould Street | Suite 310 | Needham, MA
📲 781.292.3282
💻 www.HUBwealthstrategies.com
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