| | | | | Over the last few months, I’ve warned about the impending and inevitable recession.
It was underway even before the Fed got started — and all of that was leading to a bear market that is made deeper by the Fed’s tightening policies.
Now I want to talk about the five factors that are making inflation especially hard to fight — regardless of what the Fed does.
Most of them are the result of policies that have been under way for a couple of decades now — but now the chickens are coming home to roost.
1) The first is an aging work force taking a lot of people out of the supply of workers. With fewer people available to work that leads to higher wage costs. That’s really dangerous when it comes to inflation.
► Click to get the four other factors — along with today's FREE daily pick.
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