Episode 346: I’m not at all concerned about the stock market selloff that happened on Black Friday. In fact, the rally will likely continue even longer, because now the FED will be more hesitant to raise interest rates.
In this episode I discuss the two primary drivers of COVID inflation…and neither have anything to do with FED monetary policy. This temporary, transient inflation is being caused by:
- lack of Immigration
- Inheritance…the greatest generational transfer of wealth in history.