wealth advisor – One America News Network

TAMPA, FLORIDA—APRIL 23: President Joe Biden speaks during a campaign stop at Hillsborough Community College’s Dale Mabry campus on April 23, 2024, in Tampa, Florida. During the event, President Biden spoke about the issue of abortion rights. (Photo by Joe Raedle/Getty Images)

Consumer Confidence Dips As ‘Biden-Flation’ Concerns Persist

Consumer confidence is taking a hit, with the U.S. Index of Consumer Sentiment dropping to 64.7, down from 71.7 last month and significantly lower than 76.9 a year ago—representing a 9.76% decline in just one month and nearly 16% since last year

CHICAGO, ILLINOIS - MARCH 12: Gas prices are displayed at a gas station on March 12, 2024 in Chicago, Illinois. Gas prices climbed 3.8% percent in February after falling 3.3% the previous month. The Consumer Prices Index showed prices overall rose .04% for the same month which was more than analysts had expected and the largest increase since September. (Photo by Scott Olson/Getty Images)

Wholesale Inflation Soars in February: Wealth Advisor Weighs In

Inflation on the wholesale side rose twice as much as expected to 0.6% in February. The Labor Department’s report also shows PPI over the last 12 months ending in February hit 1.6%.