Plays On Inflation, Volatility And Election Chaos
Every few years, the stock market seems to be swamped by a “100-year storm.” Investors put their hands up and say “no one could have ever predicted this,” despite there being obvious clues that some sort of an event was imminent. Remember back to the 2000 internet crash when it was obvious that the tech bubble would eventually deflate. The surprise wasn’t that the bubble burst, the surprise was how closely tied consumer spending was to stock market profits. Or think back to the crash of 2008; did anyone in 2007 really question if a whole lot of subprime mortgages were going to blow up? I remem...