Inflation fears- watch Oil & Interest Rates, Building Wealth, Investing, Retirement, Stock Trading, Freedom, Liberty, Life, History

Episode 109:  With the increase in oil prices over the past weeks and a tightening job market, Wall Street is starting to worry about inflation.  That’s one of the reasons for rising interest rates and of late gold has even broken above $1200/oz. My thought is that the oil price pendulum has swung too far and supply/demand does not justify prices above $60.  I’m watching for a pullback.  It’s still anyone’s guess what the Fed will do with interest rates. The market is turbulent because investors know that profits will suffer if the cost of labor and money continue to rise. Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.