Powell needs investors to lose money

Well, I’ve done my part. :frowning:

And to think, I was beginning to wonder if moving from 10% to 20% cash last week was wise or foolish.

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The stock market creates a wealth effect. Most of the inflation is from the top down. Ouch just realized in that quip that is all most of us get from the top, inflation.

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Yeah, the stock market is trending downward … on this board about Macro Economic Trends. Haven’t you noticed yet? Did you think the market was trending upward? There’s money to be made both ways, up or down, if only you can open your eyes.