Is Inflation Here Already? What Bond Investors Need to Know

What a time to be alive! The stock market is booming, and many of our favorite income investments are ticking higher every day. Sure, we need to credit all of the money that our intrepid Fed chair Jay Powell has printed in the last year. But with the 10-year rate spiking, we now need to ask ourselves: Is inflation here already? Recently, I noted that Fed Chair Jay Powell was doing quite the impression of the infamous 1700s economist John Law, who was the original money printer. (And noted gambler, womanizer, speculator, and creator of multiple manias that included the Mississippi Bubble and South Sea Bubble.… Read more