There is only one side of the market, and it is not the bull side or the bear side, but the right side. ― Jesse Livermore Over the past few years, more and more people have become aware of conspiracy theories, especially since some appeared to manifest during the pandemic. While one could argue that poorly managed communication by politicians and scientists during the pandemic helped fuel these beliefs, a growing number of individuals now suspect that events such as the Kennedy assassination, the moon landing, or 9/11 were conspiracies.
Two things Fabian, first, the difference between conspiracy and reality is about 6 months these days. at leas that has been the case since Covid.
second, I disagree that we are entering a much slower economic phase. I fear that the 40% increase in money supply that accompanied the Covid stimulus is not nearly worn down and there is still ample liquidity around. add to that the near certainty that Yellen will play with the TGA to support markets and the economy as much as possible heading into the election, and I feel there is little evidence that inflation rates are going to head back anywhere close to 2%, rather 3.5% CPI seems like a base to me. but then, that's what makes markets! hope your weekend was good
Two things Fabian, first, the difference between conspiracy and reality is about 6 months these days. at leas that has been the case since Covid.
second, I disagree that we are entering a much slower economic phase. I fear that the 40% increase in money supply that accompanied the Covid stimulus is not nearly worn down and there is still ample liquidity around. add to that the near certainty that Yellen will play with the TGA to support markets and the economy as much as possible heading into the election, and I feel there is little evidence that inflation rates are going to head back anywhere close to 2%, rather 3.5% CPI seems like a base to me. but then, that's what makes markets! hope your weekend was good