inflation went higher still, peaking at 9.1 percent year over year in June 2022. That’s according to inflation indexes from both the Department of Commerce and the Department of Labor, which track how much prices are rising on the typical basket of goods and services that consumers purchase...
Contrary to closing loopholes, a book minimum tax would actually pick new“winners and losers,” as some provisions receive particularly special treatment under the BMT—namely, companies receiving refundable energy tax credits. Not only would those companies not be penalized for paying zero tax as...
Winners and losers as inflation keeps risingTeresa Hunter
Quite often, consumer price inflation is tied to commodity price inflation. If oil, copper, lumber, and other key commodities are abundant and cheap, it puts downward pressure on most types of prices. On the other hand, if there are supply constraints of major commodities relative to demand, ...
Inflation comes with both winners and losers, just as with any other economic phenomenon. Who Benefits? Inflation can be a boon for certain borrowers. Consider mortgagors who have fixed-rate loans on their homes. You won’t be affected if you have a rate locked in at 5% and inflation caus...
The electric-vehicle industry is one of the obvious winners from the Inflation Reduction Act, the law that advances President Biden’s climate change agenda. But the allocation of new government handouts might not be distributed the way people, or politicians, expect. CFRA analyst Garrett Nelson...
But one of the things I recognized from writing the book was that inflation is not just a technocratic problem. It’s a massively political problem. It creates arbitrary winners and losers. And particularly, if you’re a loser in real time—in other words, your nex...
Currently, the S&P 500 has a high concentration of technology businesses and communication services. (They account for a 35% stake in the Index.) Both technology and communication services are capital-light businesses, so, theoretically, they should be inflation winners. ...
There are winners and losers when inflation happens.If you owe money to a creditor, you win! The cost of your debt is reduced. You really make out if the rate of inflation is higher than the interest rate on your debt. Inflation hurts your savings. A dollar saved now is worth less ...
Consider a mortgage lender with low or no fees:While it might be more convenient to get a mortgage at your bank, banks typically charge an origination fee, often 1 percent of the amount you borrow. Many non-bank and online lenders don’t, so if you can find ano-fee lenderwith attractiv...