J.P. Morgan's Dr. David Kelly on Why He Believes Foreign Stocks Are Attractive, Inflation Will Subside, & The Debt Ceiling is a "Doomsday Machine" | #463
The Meb Faber Show - Better Investing
What Do You Believe That Others Don't?
I wonder how much of the narrative for a lot of economists is some PTSD about the 1970s where you had this initial inflation, it looked like it was going away. There is no evidence that's really going on right now. Information technology just makes everything a commodity. With one click of a mouse, I can buy the cheapest anything.
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