I really respect your work and insight, yet reecntly I have started to worry you are losing objectivity in your attempt to support the current administration. A market correction is nothing to be scared of, "unless", there are clear indications that specific policies might be causing it and the people implementing them have oversized egos which makes them incapable of correcting themselves. Stay close to reality sir, Truflation might be real too but so are tariffs and when Buffett says the tooth fairy doesn't pay them and literally puts his money where his mouth is by selling an enormous amount of assets for cash, I am inclined to listen
If Truflation’s 1.39% reading is accurate, the Fed is making a massive policy mistake by keeping rates high in a rapidly disinflating environment.
Investors who rely on outdated government data risk being caught on the wrong side of history while the smart money prepares for the inevitable pivot.
I really respect your work and insight, yet reecntly I have started to worry you are losing objectivity in your attempt to support the current administration. A market correction is nothing to be scared of, "unless", there are clear indications that specific policies might be causing it and the people implementing them have oversized egos which makes them incapable of correcting themselves. Stay close to reality sir, Truflation might be real too but so are tariffs and when Buffett says the tooth fairy doesn't pay them and literally puts his money where his mouth is by selling an enormous amount of assets for cash, I am inclined to listen
The true rate of inflation is monetary inflation which has a CAGR of 7%/year long term. That is your hurdle rate not the flawed CPI or Truflation.