We only have so much time, energy, and attention. So how do we decide where to place our focus? To figure out the answer to that question, think about what you are focusing on (fretting over). Now ask yourself two questions: 1. Does it matter? 2. Can I control it?
Category: Investing Tips
The current episode of Fed tightening that we are living through is fundamentally different from all the others. Why? The excess money creation that fueled the surge in inflation over the past year was a one-off event that was tied directly to the trillions of dollars of fiscal "stimulus" that our politicians pumped into the economy in the wake of the COVID lockdowns. Two years ago, the renowned economist Scott Grannis said "The shutdown of the US economy will prove to be the most expensive self-inflicted injury in the history of mankind."