Close Up Radio Spotlights John E. Silvia of Dynamic Economic Strategy

Close Up Radio

Lutz, FL - With many Americans feeling an economic squeeze at the grocery store and with housing, John Silvia wants you to know that the situation is improving. “The cost of living is an interesting subject. From the policy maker’s point of view, the Federal Reserve, the Administration, the argument is that the rate of inflation has come down over the last 18 months. That’s a very positive development. The problem is that on an individual level, people are seeing that eggs are up 100% over what they were seeing 4 years ago. Meat, coffee, bread, all those essentials are up. For many, prices have gone up faster than wages or income. For many, real income has actually declined over the last 3 years because inflation has picked up at a faster pace than wages and salaries. We see this convergence more critically than we did in the last 2 decades. So there is a big disparity.” Author of 4 books on economics, John’s latest book, Financial Markets and Economic Performance: A Model for Effective Decision Making, focuses on the details and mechanics of the economy and the financial system. “It’s not glamorous, not about making a ton of money after investing for 5 days. It’s about the fundamentals of economics and finance that came out of an MBA course I taught at Lake Forest University and Northwestern University.” Although officially retired, John is in demand offering limited consulting services to investment managers, bankers, and finance experts around the world through his consulting company, Dynamic Economic Strategy. He also lectures and holds seminars for select groups, and offers a weekly newsletter for subscribers at JohnSilvia.com/newsletters. For more information about our guest please visit https://www.johnesilvia.com/