“Vaccination levels are rising. Fiscal and monetary policy are providing strong support. The economy is reopening, bringing stronger economic activity and job creation. That is the high-level perspective—let's call it the 30,000-foot view—and from that vantage point, we see improvement. But we should also take a look at what is happening at street level. Lives and livelihoods have been affected in ways that vary from person to person, family to family, and community to community. The economic downturn has not fallen evenly on all Americans,
Thank you for breaking this down. I’ve listened to the End Game episode you were referencing but was too stupid to understand it. I think I do now (more of it anyway)
The 50/50 argument goes in the other direction as well, doesn't it? Meaning 401(k) are forced to re-balance into overpriced bonds when stocks perform well, correct ?
Regarding boomers starting to sell en-masse, with a potential domino effect ("no bid"), there is always the Fed as buyer of last resort. That's your whole point, correct?
Excellent lucid writing as usual, especially for a chicken. I'm glad I'm not the only one who's constantly scratching his head while listening to Mike Green!
Brilliant. I too listened to that same Mike Green talk on Grant and Bill’s podcast and couldn’t wrap my small brain around it. You painted a vivid picture of how the FED is killing it for the wealthy at the expense of the poor. Holy shi* man. 🤯
Thank you for breaking this down. I’ve listened to the End Game episode you were referencing but was too stupid to understand it. I think I do now (more of it anyway)
we have enough history to tell us, in no uncertain terms, how this all ends up. better have a "plan b" folks. personally, i'm into bitcoin.
The 50/50 argument goes in the other direction as well, doesn't it? Meaning 401(k) are forced to re-balance into overpriced bonds when stocks perform well, correct ?
Regarding boomers starting to sell en-masse, with a potential domino effect ("no bid"), there is always the Fed as buyer of last resort. That's your whole point, correct?
Excellent lucid writing as usual, especially for a chicken. I'm glad I'm not the only one who's constantly scratching his head while listening to Mike Green!
What's the evidence behind the highly leveraged exposure that maybe the fed stop?
Even I can understand this. Thank you!!!
Brilliant!!
Brilliant. I too listened to that same Mike Green talk on Grant and Bill’s podcast and couldn’t wrap my small brain around it. You painted a vivid picture of how the FED is killing it for the wealthy at the expense of the poor. Holy shi* man. 🤯