Hug Your Loved Ones

There is a painful cycle of revenge, provocation and absolute animal cruelty taking place in this part of the world and it has always been thus. Investing for your own future cannot await its end.

Stop asking random people stupid questions

Barry’s new piece for Bloomberg is really good. I had a good laugh at this section: Inflation Expectations Surveys Are Useless The world is more complex, random and global than ever before. Multiplying unknowns have made economic forecasting even more difficult. But for hilariously wrong predictions, nothing beats surveying random people about where they think inflation will…

Good news?

I don’t know how and when this all translates into CPI or PCE inflation stats in the coming months, I just know that it will.