Time Lag

by JDH on May 27, 2023

I will keep this short, and only say two words:

Time Lag.

I believe we are in a recession.

Unemployment will increase.

Interest rates will fall.

The markets will fall.

But inevitable and imminent are two different words.

It may not happen tomorrow, but it will happen.

I’m increasing my cash allocation, and I’m waiting.

That is all.