"All Roads Lead to Inflation: There Is No Way Out"
November 12, 2024
Quite possibly too pessimistic but still worth considering.
Looking at the markets and all the underlying pressures on them, I don’t see how we avoid inflation. I remember feeling a similar feeling in 1992. Bush had messed up the economy by raising taxes and we had a mini-recession. When Clinton was elected I thought there was no way to screw it up. We were going to have a bull market.