Reid is the Chief Investment Officer of FACP and an associate of the Investment Committee. Reid is currently a Director of Datix Holdco Ltd. Pragma Wealth Management Ltd. Prior board visits include: Kisimul School Holdings Ltd., IVAC Holdings, Inc., Fiberite Holdings, Inc., Charles River Laboratories, Inc., Gala Group Limited, Nycomed Holdings A.S., NextPharma Technologies S.A.
By then, the damage shall be done and the global and US economy will be in a downturn. The wildcard this is actually the Fed because if it ignores developments beyond your US and continues to raise rates, the yield curve will invert and it will exacerbate the global deflationary crisis. All this to say, it is rather hard to know whether the stock market is entering a destructive phase, I personally think it’s premature to summarize this.
However, it’s time to get defensive and position your collection for an eventual slowdown. Please, repeat after me: Inflation is a lagging economic indicator. When people speak to me about inflation pressures within their economic forecasts, I inquire further if they drive their car looking in the trunk-view mirror. What about the Fed?
Doesn’t it take a look at core inflation stresses? The Fed at 1.75-2% on the money rate is ridiculously behind the curve and you will see a price to be paid. Be cautious when the Fed is read by you is behind the curve, the working jobs conundrum continues and unless I see sustainable wage inflation, I certainly don’t believe the Fed is ridiculously … Read more




