Jerome Powell on Stagflation
“I don’t see the ‘stag’ or the ‘-flation’,” Fed Chairman Jerome Powell said during his Wednesday address. Powell believed inflation would be “transitory.” He believed that the economy would come [...]
A real bubble is when you suck in everyone who has no business investing in the stock market. We are nowhere near a bubble, despite the current correction process. There is no risk of an 80-90% decline as was the … Continue reading