The Consumer Price Index was announced last week, and it marked the highest level of inflation that we have seen in 40 years. When the news hit the financial markets, it affected stocks, bonds, mortgage rates and everything in between. So what is the Consumer Price Index, and how does it measure inflation? Host Lou Scatigna, CFP® explains in this segment from The Financial Physician.
Your financial advisor is like your doctor. You better have the right one, or you are going to be in trouble.