You Cannot Trust These People!!

One should not rely solely on the official statements from government officials about the state of the economy. The example given highlights how, in the past, officials have downplayed the severity of economic downturns. Similar language is being used currently to describe the economy, and that this may not accurately reflect the true state of affairs.

Watch more of this short video from A Return To ZIRP When The Recession Hits? | Alf Peccatiello.

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There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?

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