Archive for May 2022
An Inevitable Outcome
Last week, I discussed that stagflation was the most likely immediate economic outcome in my view. Just in case you missed last week’s post, stagflation is defined as price inflation combined with a shrinking economy. Ultimately though, I believe we will see a very painful deflationary environment that may rival the 1930s. …
Read MorePossible Economic Outcomes
From where I sit, it seems that stagflation is the most likely economic outcome near term. Stagflation is defined as inflation combined with economic contraction. The official inflation rate is 8.5%, but any long-term reader of “Portfolio Watch” knows this official number is highly manipulated. The actual inflation rate, absent favorable adjustments…
Read MoreHas a Stock and Real Estate Price Correction Begun?
The premise of my best-selling book “Revenue Sourcing” is that an aspiring retiree needs to plan for one of two economic outcomes, either inflation followed by deflation or just deflation. As time has evolved, it has become increasingly apparent that we are seeing inflation soon to be followed by deflation. Deflation occurs…
Read More