Featured Market Data: Is Inflation Transitory?
It seems inflation is on everyone’s mind. Consumers are seeing prices rise most everywhere – from the gas pump, to the grocery store and home prices. Year-to-date, CPI has risen 3.3% in 2021 compared to 1.2% in 2019 and -0.8% in 2020. Many members of the Federal Reserve are also talking about inflation risks.
Naperville, Ill. – June 26, 2020 – PMA Asset Management, a growing SEC registered investment advisor offering investment advisory services to government entities, insurance companies and other institutional investors, achieved a significant milestone by surpassing $10 billion in Assets Under Management (AUM). As of May 31, 2020, PMA managed over $10.5 billion in AUM for its 152 clients.