This is what really worries me. The CPI (Consumer Price Index) is on a never-ending upward trajectory, with an increasing angle. Never mind the sub 4.5% inflation numbers we are constantly being fed. This constant erosion of our purchasing power is subtle, insidious and devastating. The Straits of Hormuz costs
Calvetti & Associates produces concise, rational work that is well worth reading. (see below). “Let me start with equities, specifically America’s stock market. Few analysts dispute that the market is overvalued and distorted. We are now at the point where the ten most valuable companies have a market capitalization of
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