LIFESTYLE

A Closer Look at Inflation

For a lot of people there is a gap between the reportedly low CPI inflation rate and the higher prices experienced daily. Learn more about inflation at work.

09.30.2018 - Kevin McLachlan, Vice President, Portfolio Manager

A Closer Look at Inflation

By Kevin B. McLachlan

We’ve all experienced inflation as the prices of goods and services that we buy climb higher. And, depending on how long you’ve been around, you’ve likely seen the pace of price increases ebb and flow in the economy over time.

While some inflation is a normal part of life, it’s not the only related concern. Deflation occurs when overall price levels drop. Japan is a good example, having experienced bouts of deflation over the past few decades. Conversely, some economies can experience periods of extremely high inflation or hyperinflation. This is what’s happening right now in Venezuela where, according to the International Monetary Fund, inflation could hit 1,000,000 per cent (yes, one million per cent) in 2018.

Full Story

LIFESTYLE

Building the Future Brick by Brick

09.30.2018

We look at the fascinating story behind those little bricks and the company that everyone knows, LEGO. Discover how innovation and tradition combine.

NEXT POST

LIFESTYLE

Preparing for the Path Ahead

09.30.2018 Duane W. Green, President, Chief Executive Officer

Fall is a good time to raise changes - regarding your situation, tax considerations, gifting decisions or plans for 2019 - with your advisor. See how life’s changing paths are reflected in this edition of Perspective.

PREVIOUS POST