Read the end of today’s letter for information on Sidebar: To investors, There are a few graphics and visuals that I came across over the weekend that tell a scary story for the US economy. First, we know that the Federal Reserve has been hiking interest rates aggressively. Most people have heard the Fed’s increase from 0% to 5%+ is the fastest in history, but it seems even crazier when you
Exaclty. Fed is tightening and raising rates. If you’re not fighting the fed then that would mean do not invest in risk assets, contrary to what Pomp’s article says: QQQ BTC SPY.
Don’t fight the fed makes no sense in this case. What the heck are you talking about l?
Pomp - can you clarify how “don’t fight the fed” is your #1 piece of investing advice?
“Don’t fight the fed” means different things to different people.
Exaclty. Fed is tightening and raising rates. If you’re not fighting the fed then that would mean do not invest in risk assets, contrary to what Pomp’s article says: QQQ BTC SPY.
Don’t fight the fed makes no sense in this case. What the heck are you talking about l?
Any chance of answering my question, Pomp?
We're all playing chicken with something