[Starboard]

Its hard for prices to subside when the government spends with abandon and the Fed is printing a waterfall of money. The Fed’s balance sheet is an astonishing $9 trillion.

Inflation is going to be with us for a lot longer than many people think.

[blackberry1]

And keep sending 30 billion to our little puppet state every couple months.

Impeach Joe Biden now......

[Theoria]

Historically, stock prices fall under full employment. High unemployment creates higher risk tolerance and government intervention. Higher interest rates, will curtail all the free money the r's and d's have been wasting. The misery in Ukraine, and China covid follies will pass. The fall in inflation will take people by surprise.

The more money the fed has, helps to create the dumpster fire of sell offs. Thus reducing the impact on prices.

However, there is certainly a sea change in work, especially for younger employees. The driving forces ahead will be boomers dying off, and the ramifications of their inheritances to the younger generations. The younger generations need for toys, ie rv's, boats, 2nd and 3rd homes will part of the narrative's.