https://twitter.com/econguyrosie/status/1450867496945336321?s=21
The stock market isn't a reliable preditor.
Nobody cares what the stock market or the bond market predict. We all know inflation is here. We all knew it 6 months ago. Except for a few diehards who "follow the science" and don't live in realville.
How about the bond market?
Any market is nothing more than a consensus which makes his statement that it is against the consensus strange. It is nothing more than one consensus vs another.
He pointed out to an unprecedented increase in productivity that counters wage increases.
Show me the money proof! All of this working from home and progressive distractions indicate a huge decrease in productivity to me.
He cited some government agency. So the information is out there.
This is probably a very difficult metric to quantify. A quick Google image search for labor/worker productivity 2021 returns many charts that vary widely. "an unprecedented increase in productivity" certainly isn't a given.
https://www.bls.gov/lpc/Output per hour
I need to have more כוונה by והאר עינינו unfortunately this stock and bond business full of pulp I don't understand a bit of and can't even follow the discussion
הבל הבלים אמר קהלת הבל הבלים הכל הבל.
random question but just gonna throw it out therelets say i have financial background just your average upper middle class American but i smell danger what do you think is a better move at this given point in our economy hold the cash or invest in real estate ?