2min chapter

Pivot cover image

The Great Resignation Continues, J&J’s Two-Way Split, and Friend of Pivot, Blake Scholl

Pivot

CHAPTER

The Fed Can't Take Action Now, So What Is Spooking the Market?

There is no rational reason why rates should be at zero at this point. They should be where they were after the financial crisis. And that has caused the stock market to trade like a viteo game. When you don't let the gale forces of disruption howl all you are doing is transferring opportunity and capital from young people to old people.

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