Postcards: I'm Launching a New Business
Are you in? We'll help the government meet its green goals and benefit from Bidenomics simultaneously.
Market Update: We’re back under the 20-day moving average on the S&P 500, the Nasdaq 100, and the Russell 2000. As I said this week… HEDGE. We have minutes coming out from the Fed in a little while, but the CPI number this morning has just forced the central bank’s hand. We should have gone up to 6% last year - because we’d be entering recovery about now. Instead, the Fed tried to thread a needle at a time when fiscal expansion drives inflation, and global liquidity continues to expand. It continues to stun me that people with so much power and influence over the lives of so many citizens get to make excuses and keep their jobs. But that’s the world.
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