You know there’s inflation when the Dollar Tree needs to sell items above a dollar. Looks like a business school case study on how to name a business. Sarah Nassauer reports in The Wall Street Journal:
Dollar Tree said it would start selling products at $1.25 and $1.50 or other prices slightly above $1 in some of its stores, expanding current tests selling items at higher price points as supply-chain snarls, a tight labor market and inflation push costs higher.
Action Line: With the Federal Reserve running a never-ending spigot of money into the economy, inflation is no surprise. If you haven’t already prepared your portfolio for the possibility of inflation, don’t wait. If you need help, I’d love to talk with you.
E.J. Smith - Your Survival Guy
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