RSS Facebook Twitter LinkedIn
 


Featured Advisor



Srbo Radisavljevic
Managing Principal/Investment Advisor

Edge Portfolio Management

City:Northbrook

State: IL



BIOGRAPHY:
At Edge, a low client to advisor ratio allows for personal and customized service for each individual.  Our goal is to work as a team for each client to provide not only portfolio management but wealth coordination and financial planning.  We make every effort to have frequent communication with our clients and to provide timely response to calls and emails.  I also enjoy spending time with my wife and three kids, following Chicago sports, enjoying ethnic cooking, and serving as a school board member for Norridge School District 80.

Click to see the full profile


Share |

Inflation Reaches 3.8 percent in August

Prices continue to rise with food and energy leading the way. Do we need to start worrying about inflation?

The Consumer Price Index, a commonly used measure of inflation, rose to 3.8 percent in August, a monthly increase of 0.4 percent, the Bureau of Labor Statistics reported today. 

Food prices showed their largest monthly increase since March, rising 0.5 percent from July to August. The gasoline index rose for the 12thtime in the last 14 months, leading to a 1.2 percent monthly increase in the energy index. In the last 12 months, the energy prices have increased 18.4 percent and food prices have grown by 4.6 percent.

 Prices, excluding food and energy, rose 0.2 percent in August with shelter and apparel making the biggest contributions to the hike. Year-over-year core prices have gone up by 2 percent.