Economics Investing

Inflation Follow Up

We discussed inflation in our post yesterday. We referenced financial asset and real asset inflation. I’ve now seen the tweet below from multiple professionals I follow and feel it’s worth sharing here. The tweet references financial asset inflation in terms of hourly wages of the average US worker. It’s pretty crazy to see how many hours …

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Economics Investing

The “R” Word

Economists have predicted nine of the past five recessions. If that statement doesn’t make sense to you or appears to be wrong, it’s meant to. The quote is attributed to Paul Samuelson, the first American to win the Nobel Prize in economics. The quip was meant to imply that economists aren’t very good at predicting …

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