Episode 73: The volatility and vacillation in the stock market is because fear and uncertainty are outweighing the effects of a triple convergence of CHEAP money (interest rates), energy, and commodities. See related article at: http://www.investablewealth.com/what-are-lows-in-interest-rates-energy-and-commodities-telling-us/
In this episode we discuss one of the global uncertainties- Russian default. What if the Russian oligarchs default on their loans and then President Putin nationalizes the companies? Seem farfetched? That’s just a reversal of what happened in 1998.
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