Economy

2 Ways the 2022 Economic Woes Affected Your Retirement Accounts Lionsgate Advisors

2 Ways the 2022 Economic Woes Affected Your Retirement Accounts

January 9, 2023
Posted in ,

The 2022 economic climate has been bumpy for most and, in some cases, even bumpier for retirees. Americans and the world at large dealt with the economic ramifications of the Russia-Ukraine war, post-pandemic industrial effects, and rising inflation and interest rates. As the year ends, it’s important to understand how these economic factors may have […]

Read More
3 Factors to Know for Rising Interest Rate Conditions Lionsgate Advisors

3 Factors to Know for Rising Interest Rate Conditions

December 12, 2022
Posted in , , ,

The 2022 economy has broken multiple records, first, with the highest inflation rate in 40 years, and now, the highest federal reserve interest rates since 2008.[1] In efforts to curb raging inflation, the US Federal Reserve has raised interest rates six times in 2022, reaching a target of 3.75% in November.[2] This rise in the […]

Read More
The History of Inflation is Older Than you Think Lionsgate Advisors

The History of Inflation is Older Than you Think

September 9, 2022
Posted in

Inflation has occurred in many different societies throughout history. We think of inflation as a modern economic concept, but in reality, it predates modern history and has been a prevalent part of societies since the first nations and urban areas emerged. Ancient Rome When silver was used as the currency in Rome, the government would collect […]

Read More
Inflation and a Gallon Of Milk Lionsgate Advisors

Inflation and a Gallon of Milk

August 8, 2022
Posted in ,

In 1960, a gallon of conventional whole milk was 31 cents, and today it’s $4.21 on average.[1] A few dollars might not seem like much, but that’s a 1,258% increase! Now that we’re seeing high inflation, the buying power of your money – including your retirement savings – could be seriously impacted. When calculating how […]

Read More
Inflation Finds its Way to Your Wallet Lionsgate Advisors

Inflation Finds its Way to Your Wallet

July 25, 2022
Posted in ,

There’s no doubt that people have been feeling the effects of inflation on their wallets. Everything from food to gas to home repair products seems to be increasing every day. Federal Reserve Chairman, Jerome Powell, is taking inflation very seriously, raising interest rates to combat the explosion of inflation. And although the moves have made […]

Read More