All year, the market has been trading off of small differences between macro economic statistics and expectations. One theme we’ve emphasized in 2022 is that government statistics do not represent reality; but rather, are generated by government employees to advance a specific narrative. This happens under both Republican and Democratic administrations as no one wants … Read more
Introduction: In Part I and Part II, we covered several aspects of Inflation/CPI. It’s the single most important financial issue for 2022 so we explored the topic in depth. Cutting to the end, a combination of higher interest rates, comparisons with last year’s high CPI, and falling real estate and auto prices will ensure the … Read more
Hi All, First, thank you for being part of Deep Knowledge Investing. I’ve loved investing since I was in college, and getting to think about it, write about it, and help all of you make money is both a pleasure and a privilege. Please expect posting to slow a bit for the next couple of … Read more
