He's not the only one who thinks stagflation is most likely. I respect those who share Fleckenstein's thinking. I'm not trained in finance to decide for myself.
Good information! My comment: since working people are automatically enrolled in 401(k)s now, the passive money will continue to prop up the S&P even in a correction, unless manyj people lose their jobs.
Native employment has not risen. Importing 12 million slaves over 4 years does not equate to "low unemployment". Jobs have essentially not grown in 5 years for anyone who is born in the country.
I think Flek is a genius. I have seen many interviews, but I do have one question... Why is his camera always so crappy? Not sure if its a style or just needs better tech. Bill has great hair, he needs a better web cam :) thx...
Your lifestyle is a fiction due to leverage, so the grift is the cost of maintaining the fiction. People have to go to Disney Land to even get more novelty fiction , Amazing 🤩
Lmao you think they knew before the stock market hit back then? Probably did because the government numbers weren't full of crap. But go ahead lookup native born workforce participation. It's fucking 62%. 12m new jobs since covid but native born employment has not moved an inch. Importing wages and giving tech tokens multiple jobs does not fix the economy.
Beats me. Powell says he can't see the stag or the fllation. Some people seem to see both and some see only the stag and others only the flation. I did see a deer yesterday but I think it was a doe. Might be doeflation for all I know.
