Inflation surged to 7.5 percent this past year—one of the largest jumps in U.S. history.

But, what impact could that have on your investments? We spoke with local financial advisor Howie Pentony.

“Typically, the market is pretty smart. The market can anticipate this kind of news. Historically, it hasn’t been an issue. The markets have adjusted,” Pentony said. “Portfolios have adjusted and markets have done okay.”

Pentony says high inflation will still have an economic impact though.

“Probably most people are just going to need to address their spending,” Pentony said. “Realizing that things are more expensive, people may not buy as much as they used to. But the markets will probably do just fine.”

Pentony is the founder and president of Pentony Capital Management in Portersville.

The post Inflation Rises; Local Financial Advisor Expects Markets To Proceed As Normal appeared first on ButlerRadio.com – Butler, PA.

Inflation surged to 7.5 percent this past year—one of the largest jumps in U.S. history.

But, what impact could that have on your investments? We spoke with local financial advisor Howie Pentony.

“Typically, the market is pretty smart. The market can anticipate this kind of news. Historically, it hasn’t been an issue. The markets have adjusted,” Pentony said. “Portfolios have adjusted and markets have done okay.”

Pentony says high inflation will still have an economic impact though.

“Probably most people are just going to need to address their spending,” Pentony said. “Realizing that things are more expensive, people may not buy as much as they used to. But the markets will probably do just fine.”

Pentony is the founder and president of Pentony Capital Management in Portersville.

The post Inflation Rises; Local Financial Advisor Expects Markets To Proceed As Normal appeared first on ButlerRadio.com – Butler, PA.