"Sticky, Pervasive, Boiling" Inflation

Michael Underhill doesn't mince words when reacting to the latest inflation metrics. In response to the Feb. 2025 PCE data, he doesn't see the Fed cutting rates any time soon saying that those who think so "are in for a rude awakening." Michael says "it's going to get worse before it gets better" and dives into the inflationary impact from ongoing tariff policy. In his eyes, the consumer is keeping the economy in balance right now and suggests a diversified portfolio approach to prepare for more "fits and starts" in economic volatility.

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