The following is a recent note to my clients:
The lifestyle changes I recently outlined continue in motion, not just in America, but globally.
The battle between inflation/deflation will modulate, although inflation and stagflation will be constant problems causing political issues thru this cycle.
However, the larger problem is a fundamental change in philosophy and culture as these are the most important factors for economic success. The trend is not favorable for the larger part of society.
In the big picture, climate change and geopolitical conflict have become normalized.
Nationally, unprecedented demographic change from our aging society and domestic turmoil will continue.
All this has profound investment implications. Late last year, I correctly predicted this current market environment. As a result, we are well positioned and ready for the future. In every economic circumstance, there will be opportunities and we will find them. But the process and form will be different than before.
You can warn others that they are not properly invested and subject to increased risk. You can have them call me for information.