Inflation—the Good, the Bad, and the Ugly

Inflation is almost always a topic of discussion when thinking about and planning for the future. This paper explores the many factors that affect the inflation rate, whether an uptick in inflation is helpful or harmful, and the cyclical forces that could push toward higher inflation. Despite all the theory and prognostication, no one knows exactly where inflation is headed. In this environment, practical guidance is provided on how to prepare for a variety of scenarios, including how best to position your investment portfolio.