How Does Inflation Affect Low Income Earners?

Inflation was consistently greater for the lowest-income households between 2003 and 2018, according to a previous Bureau of Labor Statistics report. Textbooks, meat, vehicle insurance, and rent, according to economists Anya Stockburger and Josh Klick, pushed price growth higher for lower earners during that time. What impact does inflation have on the poor? According to […]

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What Asset Classes Do Well In A Recession?

Assets, companies, industries, and other organizations that are recession-proof do not lose value during a downturn. Gold, US Treasury bonds, and cash are examples of recession-proof assets, whereas alcohol and utilities are examples of recession-proof industries. The phrase is relative since even the most recession-proof assets or enterprises might suffer losses in the event of

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