Misreading the Inflation Goblin

The financial media want you to believe that inflation is already coming down. Or that it has peaked. Gasoline prices may be coming down. Used car prices may have peaked. Yet the idea that the inflation goblin has gone away is premature. The Personal Consumption...

The Worst Is Not Yet Behind Us

At the start of 2022, the stock market had been sitting atop its highest valuation extremes ever. In fact, our modern-day circumstance rivaled 1929’s super-bubble as well the dot-com hysteria in 2000. By June of this year, the S&P 500 had descended as much...