1366 E 15th St, Edmond, OK 73013
Tel: (405) 340-1717 Fax: (405) 340-6091
Email: greg@womackadvisers.com
As prices continue to march higher for food, gas, and just about everything else, everyday people are beginning to realize that maybe inflation won’t be as ‘transitory’ as the Federal Reserve continues to assert.
According to the New York Fed’s Survey of Consumer Expectations, inflation expectations for three years from now jumped to 4.2% - the highest level in the survey dataset – and to 5.3% for one year out. But expectations for income growth are way behind expected inflation, at just 2.9%. If these expectations come true, Americans will be forced into a lower standard of living as expenses outrun incomes.
Womack Investment Advisers, Inc. (WIA) is a registered investment adviser whose principal office is located in Oklahoma. Womack Investment Advisers, Inc. is also registered in the State of California, the State of Illinois, the State of Indiana, and the State of Texas. WIA only transacts business in sates where it is properly registered, or excluded, or exempted from registration requirements.
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