Inflation is much more important.
Stocks have done well in both rising and falling interest rate environments. Inflation is the bigger danger, and the Fed is fighting it hard. Good news: Stocks do very well in falling inflation environments—and we should be heading into one.
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2 Comments
Thank you for sharing this information. With most financial platforms hyping the negative it’s refreshing to hear a more balanced approach.
My pleasure, Willis. It’s true that mainstream financial media ratchet up their warnings just when the best advice is to buy or hold. Why cheap prices are not trumpeted as opportunity is a mystery to me.