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Nancy Tengler joins Bloomberg Markets The Close

Nancy Tengler of Laffer Tengler Investments joins Bloomberg Markets The Close to discuss the latest news and analysis leading up to the final minutes and seconds before the closing bell on Wall Street. Alongside hosts Romaine Bostick, Taylor Riggs & Kailey Leinz, today’s show tackles what to expect from the Fed, the biggest risks to stocks next year and Pfizer’s Covid pill study.

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‘Invest in inflation’: As costs soar, putting more money into stocks may be good for your 401(k)

By Nancy Tengler
Special to USA TODAY

After saying for months that inflation was “transitory,” Federal Reserve Chairman, Jay Powell declared in late September that he was frustrated by prices that remain stubbornly high.

He may well be frustrated, but I venture those rising costs are much more exasperating for working families who can’t measure inflation “ex food and energy” as the economists do and who are living with the ravaging effects of higher prices day in and day out.

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