Cynical Realpolitik 220612

The selloff late last week put an end to what could have been a three-week recovery.  Stocks started to collapsed ahead of the May inflation report, which was “higher than expected”.  Expectations are much like “policy”, both can change very abruptly.  I’m less concerned about inflation than most, because I believe that the current inflationContinue reading “Cynical Realpolitik 220612”