I’m polishing up my buying boots in anticipation of a fantastic buying window in the near future. All I need is the current everything bubble to burst under the deadweight of FOMO and unsustainable valuations! And things really ain’t looking so bad!
What Inflation? “Oh, that’s nothing to worry about, the central banks have no choice but to keep juicing markets”… The market is so focused on the short-term and ignoring the consequences of the last 10 years of QE, monetary experimentation and easy rates, that its blundering into the next crisis. Inflation matters, and has jumped from financial assets into the real economy.