— Perspective is the number one biggest shortcoming in the coverage of financial and market news. — I examine perspectives on inflation, rates and recessions. — Lack of perspective stems from two causes: The lack of (or willingness to dig for) historical comparisons or the omission of known facts that might soften the fearful impact of a headline….
Tag: stimulus federa reserve
Good news is bad news and bad news is good in today’s upside down market
Pundit #1: This market is headed for a disaster of biblical proportions. Investor: What do you mean, “biblical”? Pundit #2: What he means is Old Testament, Mr. Investor, real wrath of God type stuff. Pundit #1: Exactly. Pundit #2: Fire and brimstone coming down from the skies! Rivers and seas boiling! Pundit #3: Forty years of darkness! Earthquakes, volcanoes…