The Consumer Price Index recently saw its smallest monthly increase since October 2021. Although this is good news, continuing with caution is highly advisable.
Saumen Chattopadhyay, Chief Investment Officer, OneDigital Retirement + Wealth, recently sat down with the National Association of Plan Advisors (NAPA) to discuss inflation numbers, industry trends, and insights. According to Chattopadhyay, economists believe that the inflation trends are seeing the start of a downward trajectory.
There is an elevated risk of recession, but it is not a foregone conclusion. There are still odds of a soft landing and recovery. [Plan] participants are reminded that time in the market is more important than timing the market.
— Saumen Chattopadhyay, Chief Investment Officer, OneDigital Retirement + Wealth
Chattopadhyay ultimately emphasized the importance of remaining calm through unpredictable markets.
Investment advice is offered through OneDigital Investment Advisors, an SEC-registered investment adviser and wholly-owned subsidiary of OneDigital.
The post Saumen Chattopadhyay Speaks with NAPA About the Ongoing Concerns Surrounding Inflation Rates appeared first on OneDigital.