Monday, March 30, 2009

Ed McIlveen: Inflation Seen as a Coming Threat



Ed McIlveen was highlighted in today's Journal Sentinel: Among the many worries investors are grappling with, one looms large for Ed McIlveen. "Higher-than-expected inflation is a real threat that may require some serious defense," said McIlveen, director of performance analytics and research at Francis Investment Counsel in Pewaukee. The federal government's huge stimulus plans are likely to spur inflation. Yet the international financial crisis has blurred market expectations about inflation.

"The market is implying inflation will be 1.3 percent or so. But we believe it will be higher over the next 10 years and that it could return to more historically normal levels of 2.5 percent to 3 percent on an annualized basis - or even higher," McIlveen said.

Read the rest of the article at:
http://www.jsonline.com/business/42031812.html

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