Grocery prices up 10.8%, steak is “almost out of the question”
Some advisors are looking at GICs, short-term bonds, alternatives and mortgage products for clients
Alternatives, covered calls and broad diversification can all boost returns as bonds and stocks become more correlated
Leading indicators point to stable growth in most countries, but not in Europe
Inflation-targeting policies have been successful until recently
The observations came in the Fed's semiannual Financial Stability Report
The cautious approach will exasperate a global energy crunch
More rate increases could be in the pipeline based on the latest economic outlook
Several countries see double digit inflation as energy prices spike
Deputy governor Carolyn Rogers said a clear view of the future has been hard to come by over the last two years