Inflation Series: Part 8 Demographics Are Now Inflationary
After decades of shifting labor-intensive factory jobs overseas, the United States finds itself in a new Cold War and a reversal of globalization. This is running into limits on the work force here in the United States. Not only is population growth low, but the percentage of the population willing to work has been in secular decline for decades.
How to get more people to work? Higher wages will help, but that will hurt corporate margins which are at record highs. It is too early to see any changes to this situation, but it is pretty easy to see the wage inflation at lower end jobs.
If you'd like to discuss how to manage your portfolio through this environment, please reach out to us at firstname.lastname@example.org.
Robert Lloyd, CFA®
Chief Investment Officer
Lloyds Intrepid Wealth Management
Lloyds Intrepid LLC is doing business as Lloyds Intrepid Wealth Management. Lloyds Intrepid LLC offers investment advisory services in the State of Texas where registered and in other jurisdictions where exempted. Registration does not imply a certain level of skill or training. Lloyds Intrepid LLC and its advisers do not provide legal, tax or accounting advice. Lloyds Intrepid LLC formulates retirement plans, investment strategies, portfolio construction and investment due diligence for clients with signed investment advisory agreements with us. The information contained herein has been obtained from sources believed to be reliable, but the accuracy of the information cannot be guaranteed. All opinions and outlooks are subject to change.
© 2022 Lloyds Intrepid LLC