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What inflation could mean for ETFs


What inflation could mean for ETFs
Fortune
15 hrs ago
Inflation hasn’t been this high since 2008 and every investor should be paying attention.
Between a spiking Consumer Price Index which measures changes in prices over time and labor shortages; hedge funds, pension funds and other large investors are keeping a close eye on what these indicators mean for the bottom lines of companies they’re investing in.
Inflation “is the number one concern among institutional investors,” says Rebecca Corbin, CEO of Corbin Advisors, whose institutional investor sentiment research shows that 69% of institutional investors expect inflation to continue to rise in the second half of this year. ....

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Fed Holds Interest Rates Near Zero, Sees Faster Growth and Higher Inflation


As expected, the U.S. central bank decided to keep short-term interest rates anchored near zero as it buys at least $120 billion of bonds each month. The latter part of policy is a two-pronged effort to support an economy that grew strongly to start 2021 as well as to support market functioning at a time when 30-year mortgages still go for around 3%.
Despite noting the economic strength as well as inflation that is on the rise, if just temporarily, the policymaking Federal Open Market Committee unanimously decided to make no changes in its approach and gave no indications that things will change anytime soon. ....

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Victor Valley College, Barstow Community College pledge to invest in entrepreneurship


Victor Valley College, Barstow Community College pledge to invest in entrepreneurship
Schools commit to supporting small businesses, local economies
By Charity Lindsey
Victor Valley College
Twelve junior colleges in the Inland Empire and desert region including Victor Valley College and Barstow Community College recently took a pledge to support local startups and entrepreneurs in their respective communities.
On Feb. 8, VVC Superintendent/President Dr. Daniel Walden and BCC Superintendent/President Dr. Eva Bagg both signed the Presidents for Entrepreneurship Pledge (PFEP) along with 10 other counterparts in the Inland Empire / Desert Region Consortium of community colleges (IEDRC). The signing event took place virtually, hosted by the partner organization, the National Association for Community College Entrepreneurship (NACCE). ....

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