The Long-Term Pillars of Inflation
By Steve Ayer on February 7, 2024
Current Inflation
Inflation has been the most widely talked about development in post Covid-19 markets and for good reason. We’ve seen year-over-year changes in inflation hit 40+ year highs, almost touching 9% here in the US in 2022, with varying degrees of inflation experienced across most countries of the world, squeezing the consumer everywhere. (1)(Pickert, 2022) However, although both the Federal Reserve (Fed) Chairman Powell and Treasury Secretary Yellen were saying that inflation was “transitory”, even as late as November 2021, (Cox, 2021) it is not entirely surprising that the global economy has continued to experience soaring inflation throughout 2022, into 2023. The entire world has emerged out of a public health crisis like no other over the past century, which has both directly and indirectly contributed to the high inflation that we’ve seen; directly through supply-chain constraints and shortages of labor and indirectly from higher rents and an enormous amount of capital created in response to Covid through both monetary (Central Bank action) and fiscal (Government action) policy expansion.
Strata Wealth Partners is a group comprised of investment professionals registered with Hightower Advisors, LLC, an SEC registered investment adviser. Some investment professionals may also be registered with Hightower Securities, LLC (member FINRA and SIPC). Advisory services are offered through Hightower Advisors, LLC. Securities are offered through Hightower Securities, LLC.
This is not an offer to buy or sell securities, nor should anything contained herein be construed as a recommendation or advice of any kind. Consult with an appropriately credentialed professional before making any financial, investment, tax or legal decision. No investment process is free of risk, and there is no guarantee that any investment process or investment opportunities will be profitable or suitable for all investors. Past performance is neither indicative nor a guarantee of future results. You cannot invest directly in an index.
These materials were created for informational purposes only; the opinions and positions stated are those of the author(s) and are not necessarily the official opinion or position of Hightower Advisors, LLC or its affiliates (“Hightower”). Any examples used are for illustrative purposes only and based on generic assumptions. All data or other information referenced is from sources believed to be reliable but not independently verified. Information provided is as of the date referenced and is subject to change without notice. Hightower assumes no liability for any action made or taken in reliance on or relating in any way to this information. Hightower makes no representations or warranties, express or implied, as to the accuracy or completeness of the information, for statements or errors or omissions, or results obtained from the use of this information. References to any person, organization, or the inclusion of external hyperlinks does not constitute endorsement (or guarantee of accuracy or safety) by Hightower of any such person, organization or linked website or the information, products or services contained therein.
Click here for definitions of and disclosures specific to commonly used terms.
Legal & Privacy
Web Accessibility Policy
Form Client Relationship Summary ("Form CRS") is a brief summary of the brokerage and advisor services we offer.
HTA Client Relationship Summary
HTS Client Relationship Summary
Securities offered through Hightower Securities, LLC, Member FINRA/SIPC, Hightower Advisors, LLC is a SEC registered investment adviser. brokercheck.finra.org
©2025 Hightower Advisors. All Rights Reserved.