Inflation, business, and regulations
We have a lot to talk about this morning regarding inflation, business, and how President Trump wants to unleash the American economy by reducing regulations. This week we are also excited to be celebrating Fi Plan Partners’ 12 year anniversary. We have much to be thankful for and appreciate our clients and those that follow us on social media.
Inflation is the highest since 2012
Inflation came out with its highest reading since 2012. A lot of that had to do with gas prices, which were up 13% last quarter. If inflation continues to climb, the Fed might be a little more aggressive than what many believed. This could be a good thing, as we believe we need a little inflation in the system.
Business owners are looking to hire
Research from The Sherman Sheet reports that one-third of business owners are having a hard time filling job positions. That’s a good problem to have. Also, eighteen percent of business owners are saying they are hiring for new jobs. This is the strongest reading since 2012. We see this as very positive news for our economy.
President Trump wants to unleash the American economy
President Trump has said he wants to unleash the American economy by lowering regulations. He seems to be selecting pragmatists who will not legislate. Legislation has been a problem in the past for business owners, as regulations like clean water and clean air can be very costly. Most business owners don’t mind regulations as long as they know what to expect. Prior administrations have tried to legislate a little too much which doesn’t lead to predictability for business owners. When regulations are predictable that translates into better planning, more confidence and the ability to do a cost benefit analysis. Donald Trump seems to be getting people who give a pragmatic field for that and we believe business people will react well to that. The market will be watching this closely as well.
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Ashley Page, JD, MBA
Senior Vice President
Email Ashley Page here
Bobby Norman, CFP®, AIF®
Senior Vice President
Email Bobby Norman here
Fi Plan Partners is an independent investment firm in Birmingham, AL, serving clients across the nation through financial planning, wealth management and business consulting. Fi Plan Partners creates strategies in the best interest of their clients using both fee based investing and transactional investing.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
Economic forecasts set forth in this presentation may not develop as predicted.
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Stock investing involves risk including potential loss of principal.
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