Gary Zimmerman

The market consensus is that interest rates will rise by two to three percentage points over the next three years. What will that mean?

Fundamentally, much of the price inflation we’ve experienced over the past year can be attributed to the trillions of dollars of new money pumped into the economy that’s been looking for a home ever since.

Our national debt has risen by more than 40% in the past four years, and as we begin to recover from the pandemic, inflation could become more apparent in consumer prices.

A new period of social liberalization and economic excess could emerge by 2022, leading to inflation and a return to higher interest rates.

With interest rates near zero, and expected to remain there. money market funds may no longer be attractive to individual investors.

The conventional wisdom has been that clients should keep six to 12 months of living expenses in cash in case of job loss or another unexpected event. While that is sound advice, in the age of COVID-19, this may no longer be enough.

How will competing demand and supply shocks will influence inflation, the value of our currency and our prominence on the international stage?