I've been lightly allocated to stocks since 2018. WAY ahead of a stock market decline. If we get a recession and a correction it can't come soon enough for me
Thanks for the guest post - great read and no one wants to rain on the asset bubble parade despite the formidable clouds. The last 13yrs has been don't fight the Fed and to be honest the ONLY game in town. Now the Fed has been forced to go into full reverse the story tellers and the concept stocks they push are there saying "Fight the Fed" - Lessons about to be learnt
The global logistics situation for containerized cargo has been in disarray for 2 years now (some say the "industry" fits the definition of a cartel) and China's 0 Covid is a landmine in this situation. Air cargo is very far from "normalizing". Oil/energy prices? Your bet. Agri commodities after Ukraine, etc.? Hmmm... Yes, Unilever and others have been experiencing cost explosions from logistics and see the other "unorthodox" cost drivers. In many case, "temporary" disruptions and price volatility/explosions feel very permanent and are leading to supply chain changes. Those are costly and take time - usually years.
I’ve been waiting for this for 2 years… the broken clock finally came through and a million thanks to DH for his clear elucidation of the situation at hand
I've been lightly allocated to stocks since 2018. WAY ahead of a stock market decline. If we get a recession and a correction it can't come soon enough for me
Its a market of stocks, NOT a stock market. Anybody in Oil E&P, Gold, Silver Miners and fertilizer stocks as I am is doing OK.
Thanks for the guest post - great read and no one wants to rain on the asset bubble parade despite the formidable clouds. The last 13yrs has been don't fight the Fed and to be honest the ONLY game in town. Now the Fed has been forced to go into full reverse the story tellers and the concept stocks they push are there saying "Fight the Fed" - Lessons about to be learnt
As usual, a very good read, right on the money.
Another good piece that reminds us of the obvious. Cramer is an entertainer, not an advisor.
Jesse Felder, David Hay, John Hussman, these are clear-eyed thinkers!
Thank you David!
The global logistics situation for containerized cargo has been in disarray for 2 years now (some say the "industry" fits the definition of a cartel) and China's 0 Covid is a landmine in this situation. Air cargo is very far from "normalizing". Oil/energy prices? Your bet. Agri commodities after Ukraine, etc.? Hmmm... Yes, Unilever and others have been experiencing cost explosions from logistics and see the other "unorthodox" cost drivers. In many case, "temporary" disruptions and price volatility/explosions feel very permanent and are leading to supply chain changes. Those are costly and take time - usually years.
Jesse Felder is solid!
Hasn't the market already priced in a recession? With 45% of all stocks down 50% in price, isn't the bear market over?
Hasn't the market already priced in a recession? With 45% of all stocks down 50% in price, isn't the bear market over?
I’ve been waiting for this for 2 years… the broken clock finally came through and a million thanks to DH for his clear elucidation of the situation at hand