Welcome back old friend. It’s been a while – close to two decades in fact –that a familiar feature of the economic landscape has been missing: inflation. To be sure, many, if not most, households would disagree with that assertion, noting that prices on the basket of goods and services they typically purchase have been steadily rising. Technically, they would be correct; the core consumer
price index, which excludes volatile food and energy prices, has never declined for a full year going back to 1955. But price increases since the turn of the century have been particularly mild, averaging 2 percent a year and just 1.8 percent since the end of the recession. May 2018 Economic and Financial Digest
Don’t Rule Out A Soft Landing
In real estate, they say that location is everything. In economics, timing is paramount. With prices rising at a pace not seen since the early
July 27, 2022
Laurene Brooks joined Legacy in 2004, shortly after the company’s inception. She earned undergraduate degrees in journalism and Spanish, and her Juris Doctor (JD) designation from Marquette University. Laurene has over 30 years of experience in law and relationship management. In addition to assisting clients with financial management and estate planning, Laurene is Legacy’s senior fiduciary officer. In addition, she was a member of the Real Property, Probate, and Trust Division of the Wisconsin State Bar for 10 years and served as chair.
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