Allow me some 1990s nostalgia.

These were some of the prevailing narratives from the post-GFC world: We only had a bull market in the 2010s because of the Fed juicing the economy. The only reason tech stocks did well is because of low interest rates. The only reason stocks kept recovering from every correction so quickly is because of the…

5 questions I’m pondering at the moment.

Inflation is the lesser of two evils.

Cognitive dissonance in the economic discourse.

Recessions don’t happen nearly as often as they used to. Maybe we’ve become complacent about econmic volatility.

Good luck betting against America.