The Preemptive Derisking Effect on Markets

The chances are really good that this remains a headwind and doesn't push us into any kind of nasty recession. People tend to think there's an equilibrium multiple for markets at the end of this 18.1 16 This is where markets clear and they look back at history But it's really a supply and demand thing right? We've had a huge increase in inequality for a couple of reasons we get into what but Wealth and income inequality has been growing for 30 years.