Summary Inflation is transitory, but the worst might be right in front of us for H1 2022, stagflation. The Fed taper is very likely to cause stock and bond market reactions that are rather severe given heavy retail participation in the markets. The high levels of margin and call option in the market, and now Millennials having learned how to bet on a decline, means a correction could be fast and steep. The good news is that once the downward […]Read More
Post Tagged with: "demographics"
“Slow Growth Forever” is the central theme that will impact investing for decades. Demographics lead the economy. Higher birth rates and more people escaping poverty is good for economic activity, but potentially bad for resource scarcity.
To support growth long-term, we will have to find sustainable ways to rebuild the world. It won’t be easy with so many entrenched interests.Read More