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John Dingle
Bloomberg Television
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Comments by "John Dingle" (@johndingle6293) on "Principal's Shah: Markets Haven't Priced In a Recession Yet" video.
We're living through a decade that happens twice in a century.
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Scariest and most honest thing powell ever said with confidence was, "oh we know how to create inflation."
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70's and 20's are a great time to buy stocks. After a 70% pop in bubbles that is spurred by the same Fed during decades in-between.
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Did anyone ask the Fed why they were stoking fomo and irrational exuberance? The bubble was to withstand the 50% drawdown as interest rates rose. There's no way Fed could raise rates above 5% without inflation above 5%. There's no way to provide long period of declining rates without period of higher rates.
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Just look at a chart of real rates. 50 year. Take solace that there's hope for 4 decades of growth after this. I said this last year.
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