History repeats itself. So if the rate hikes dont really help tighten money supply and it doesnt help much w inflation, why does the Fed do it? What would be the benefit or positives? Also, how much impact does corporate concentration and lack of true competition have on inflation? I learned ab the law of supply and demand in my econ class decades ago, but that was based on...competition. What do we do ab corps using inflation as a cover as they rake in record profits.
Did a quick calc on barchart. SP500 up 16.6% since Oct 12 2022. Not bad. Now you spoke ab rate hikes vs rtns but how about higher int rates vs lower int rates, say 3 to 5% diff over much longer periods? Was always taught higher int rates are gravity on stock rtns. That may be one for mailbag? If not, that is fine.
Thank you for the video and debunking. This is not taught at my business school.
Thank you Mr. Fisher
Debunkery helps keep my head straight.
enjoying the book now...
From Part 3 of "Everyone Knows" in Debunkery Bunk #28, Ken is always astute and cogent in his comments.
It seems scarier without the fireplace in the background.
Interesting
Reality check.
Thanks
History repeats itself.
So if the rate hikes dont really help tighten money supply and it doesnt help much w inflation, why does the Fed do it? What would be the benefit or positives?
Also, how much impact does corporate concentration and lack of true competition have on inflation? I learned ab the law of supply and demand in my econ class decades ago, but that was based on...competition. What do we do ab corps using inflation as a cover as they rake in record profits.
Did a quick calc on barchart. SP500 up 16.6% since Oct 12 2022. Not bad. Now you spoke ab rate hikes vs rtns but how about higher int rates vs lower int rates, say 3 to 5% diff over much longer periods? Was always taught higher int rates are gravity on stock rtns. That may be one for mailbag? If not, that is fine.
Interesting, so would you agree with Warren Buffet that the S&P500 is a safe investment?
Buffett has very little in the S&P500 but 120 billion sitting in cash.