This article from Wolfgang Hammes outlines the risks of an impending inflation crisis. Lot of things have happened over the past two weeks. If you follow me, you probably have read my extensive posts on Silicon Valley Bank and other bank failures. I don’t want to repeat what I wrote in my posts: Just this: Nothing was surprising. It is much more interesting to look into the future and this will be disturbing for those who do not invest into…

Wolfgang Hammes shares his view on the current inflation situation; he provides a historical perspective on inflation rates in the States, and a warning on overconfidence and complacency.  July CPI inflation rate minimally improved to 8.5 %. This marginal improvement was enough to initiate great euphoria among investors, politicians, and business leaders. Are we seeing a reversal? Let me start with my BIGGEST CONCERN. The US Dollar is a very strong currency. There is something wrong if a country with…

Umbrex is pleased to welcome Wolfgang H Hammes with the The Vangi Group.  Dr. Wolfgang Hammes is an expert in strategic management of inflation risks. In 2016, he published the prescient book “The Return of High Inflation,” in which he warned of a major inflation crisis. He has been a partner of McKinsey & Company in New York and a Managing Director of Investment Banking at Deutsche Bank and Merrill Lynch in London, UK. At Deutsche Bank, he was co-head…