- We’ll discuss how fragile this debt driven economy is from a bottom up perspective.
- You may be surprised by the impact of minor interest rate changes.
- You should reconsider owning cyclical stocks that depend on consumer debt at this point in the economic cycle.
Things have been good for 9 years now. This is a fact.
Today we’ll discuss how and why things could change because when things are good, people and things become weak and fragile. I’ll connect the dots with student debt, mortgages, and consumption to show how it’s all a mere illusion, or at least a big part of it is. More →