42 Comments

  1. Difference between then and now is that FED has no room to move. Now there's an actual 40 year high inflation, so they can't QE and they can't raise rates quickly enough because of the levered economy. Buffet's portfolio is 34% cash right now, that should raise your eyebrows alone. None of the big guys sees good times ahead (unless you have lots of liquidity of course), just listen to what they're signaling right now.

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