Episode 34: Carl Noble on Inflation

“the way economists look at it, you can have demand pull inflation, which is essentially when the economy is running hotter, demand is picking up, and that there's too much demand chasing too few goods, and that can cause the price levels to increase. The other way is a cost push inflation, which typically involves supply constraints. So one of the classic examples is looking back to the 1970s and the oil embargo, and OPEC, which created a huge bottleneck with energy prices and caused, those prices here in the U.S. to skyrocket.”

If you’re working with pre-retirees to build a long-range financial plan, and your methodology doesn’t include a way to account for different levels of inflation, this is the episode you don’t want to miss . . . Carl Noble digs into the details of how various inflation rates can come to be and how they affect your client’s long-term financial health and their retirement future.  It’s 30 minutes that could save your clients a lot of money . . . Don’t miss it!

Carl Noble is chief investment officer for Pinnacle Advisory Group in Columbia, Maryland. Carl joined Pinnacle in 2001 after graduating with honors from the University of Maryland with a bachelor’s degree in finance.  Carl helped develop Pinnacle’s tactical asset allocation investment strategy from its inception in 2002. Carl was appointed chief investment officer in 2020 and is responsible for all of Pinnacle’s portfolios operating within the platform.