The S&P 500 is tanking. US T-bills are spiking. And Goldman Sachs says we could be looking at a -4.2% decline in GDP because of this government circus. Keep in mind, this is ENTIRELY self imposed. The US economy is barely growing and the unemployment rate is still near historical highs. A self imposed recession. Now that would be a first.
I’m speechless.
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.
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