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Fed Survey Paints Dour Picture Of Household Moods
The good news is, household inflation expectations didn't "moon" in the latest edition of the New Yo
I think history will look back at this time when billionaires could walk into the White House and throw down a sack of money to get the outcome they want- which is to keep the system going in such a way to keep the wealth flowing to them and allow them to keep their wealth upon death. In a generation or two, when their less impressive kids are handling the handed-down fortune, the “people” will have an easier time toppling them. At which point in time, there will be massive selling out of the US stock market (to pay estate taxes or by the US government to spend elsewhere).
In the meantime, this is a golden opportunity to invest alongside the billionaires of the world. Set it and forget it.