3min chapter

Forward Guidance cover image

The “Everything Risk” Is Here | Ed Harrison

Forward Guidance

CHAPTER

The US CPI Was Announced 8.3% Year Over Year Increase Versus 8.1% Expected

The past 14 years of easy money, how did that shape the equity markets? How might that change if we're moving into a era of less easy money? Yeah, good question because I look at even during the dot com bubble period. And so when you take inflation to an account, really your negative returns are very large over that decade.

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