10/26/2026
Inflation Is the Big Problem (Prices Up 3.7%) + Our New Radio Show | Security First Asset Management
Daniel NeSmith, President and CEO of Security First Asset Management, shares our biggest news, a new radio show, Macon Money & Music, on News Talk AM 940, Saturday and Sunday mornings at 8 and 9 a.m. Plus: why inflation is the big problem right now, with consumer prices up 3.7% year over year through September and energy prices 20% higher than a year ago, what a slowing economy could mean for next year, and an update on the Mark Ballard event.
0:00 Welcome
0:07 Our new radio show: Macon Money & Music
0:27 Markets: the economy is shaky
0:37 Inflation is the big problem
0:49 Consumer prices up 3.7% year over year
0:56 Energy prices: up 5.2%, 20% higher than a year ago
1:01 Feeling it at the pump
1:11 Next year: a higher risk of recession
1:21 Managing downside risk + our January kickoff report
1:35 Mark Ballard event: already full, join the wait list
1:44 Tell your friends and family about the radio show
1:59 Closing
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Welcome to this week's update from Security First Asset Management. Daniel NeSmith, President and CEO, shares what's coming up, from our new radio show to what we're watching in the economy.
In this update
Our new radio show: Macon Money & Music is already on the air on News Talk AM 940, Saturday and Sunday mornings at 8 and 9 a.m. We make it fun, with trivia about music history in our area and plenty of financial topics.
The economy: many of you can probably see that it's shaky. Consumer spending is slowing, and the big problem is inflation. We don't really know when it will end, but it likely will when the war in Iran ends, because of supply-chain issues there.
The numbers: consumer and producer prices are up. Consumer prices are up 3.7% year over year through September. Energy prices rose 5.2%, and they're actually 20% higher than they were a year ago, so everybody's feeling it at the pump, and that makes everything more expensive. That's a big concern for the many people who live paycheck to paycheck.
Looking ahead: when the economy is slowing down, there's a higher risk of recession. Going into next year, we'll be explaining more about how we manage downside risk and deal with volatile markets. Stay tuned for our market kickoff report in January.
Upcoming events
Mark Ballard event — unfortunately it's already filled up, but if you'd like to come, we can put you on the wait list.
If there's ever anything we can do for you, reach out to the team at Security First Asset Management, your hometown financial advisor in Cochran, Dublin, Eastman and Macon. And tell your friends and family about the radio show: Macon Money & Music, News Talk AM 940, Saturday and Sunday mornings.
📞 478-274-1712 · 🌐 sfamga.com