Early last year, inflation seemed the last thing to worry about as the pandemic struck and oil prices fell below zero, writes Jeremy Siegel in the Financial Times. Siegel is best known for his 1994 book Stocks for the Long Run (in which he makes the case that long-term investors should buy and hold shares, rather than try to time the market).
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
What is a trust – and should you use it to avoid inheritance tax?Trusts are surging in popularity as a way to avoid inheritance tax, according to financial advisers on the frontline of estate planning. We look at what trusts are and if they are right for you.
-
What will be the consequences of Donald Trump’s "One Big Beautiful Bill"?The US president’s "One Big Beautiful Bill", an extraordinary mix of tax cuts and spending plans, has made it through both houses of the US Congress. What will be the consequences?
-
Do we need central banks, or is it time to privatise money?Analysis Free banking is one alternative to central banks, but would switching to a radical new system be worth the risk?
-
Will turmoil in the Middle East trigger inflation?The risk of an escalating Middle East crisis continues to rise. Markets appear to be dismissing the prospect. Here's how investors can protect themselves.
-
US inflation rises to 3.7% as energy prices surge - will the Fed hike rates?US consumer price index rose in August but markets do not expect a rate hike this month
-
What Jay Powell's Jackson Hole message means for marketsNews Jay Powell delivered a hawkish speech on inflation at last week's Jackson Hole meeting. Alex Rankine explains what his speech means for markets.
-
How not to get beaten by inflationEditor's letter With inflation at 9%, and the bank rate at 1% you’re not going to get a real return on cash. But there are steps you can take to beat inflation, says Merryn Somerset Webb.
-
The inflation scare will fade – here’s whyAnalysis Many people expect high inflation to persist for a long time. But that might not be true, says Max King. Inflation may fall faster than expected – and the UK may avoid recession. Here’s why.
-
How to invest in an environment of rising inflation and unpredictable central bank policyEditor's letter This week central banker Lael Brainard - a long-term dove - rattled markets by suggesting America's Federal Reserve will unwind quantitative easing faster than expected. John Stepek explains what is going on.
-
Central banks change their tune on inflationNews With prices rising at 7.9% in the US and 6.2% in the UK, and global commodity prices surging, central banks around the world are being forced into inflation-fighting mode.
