Inflation is not going away any time soon. Here’s how top financial advisors are handling it

Shoppers at a New York supermarket on Aug. 11, 2021. Wang Ying | Xinhua News Agency | Getty Images One looming question for the U.S. economy is how long inflation is here to stay. Based on recent government data, there is good reason for asking. The Consumer Price Index, which measures the average change over …

How a U.S. steel shortage created a market bubble

The Covid-19 pandemic threw supply chains into chaos, and steel — an essential metal used in everything from dishwashers to cars — was not immune to these disruptions. “Steel is certainly one of those examples of shortages, higher prices, and growing frustration among customers,” Associated Builders and Contractors chief economist Anirban Basu told CNBC. Demand …