Jurassic Recession
In light of the last Jurassic Park installment this Summer, I thought it might be good to revisit the movie that started it all.
In light of the last Jurassic Park installment this Summer, I thought it might be good to revisit the movie that started it all.
Markets are volatile and the Fed is sending mixed messages.
Unfortunately, in terms of economic stability, we are just now entering the night. Recession appears to be on the horizon and like a rogue car in oncoming traffic, the average person doesn't see it coming - or do they?
The buildup in pandemic relief, the mismanagement of inflation, and the bad policy decisions during the pandemic - all chickens are now coming home to roost.
Inflation has reached levels not seen since the early 1980s. Workers are unhappy, consumers are stretched to make ends meet, and there's a general malaise in the country.
Investors and the Fed appear to be at the end of a beautiful friendship, but neither has the strength to admit it.