The Fed hardly ever gets a major forecast right, and can't seem to create a sustainable 'soft landing' for the real economy without generating a vicious asset bubble that crests and crashes.
But the banks are made whole, and the band plays on. Wash-rinse-repeat.
These are personal observations about the economy and the markets. In providing information, I hope this allows you to make your own decisions in an informed manner, even if it is from learning by my mistakes, which are many. As a standing policy, I never provide individual investment advice to anyone. I will only occasionally disclose my personal positions for the purposes of illustration. Understand that my own circumstances could differ greatly from your own, and therefore what is suitable for me may not be suitable for you. My comments are intended to be reflections on general macro financial and economic events and trends.
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