The News Radar

Timely links to external news and articles, usually valuation related, with occasional commentary.


Originally posted Friday, 28 October 2022
We Should Just Accept We’re Going to Have a Blah Economy

If you follow financial commentary, it sounds like we’re about to hit the inflection point — that moment when the economy turns and we enter a recession; the stock market crashes, inflation deflates, people lose jobs and housing prices tank. But if there has been one thing consistently true over the past two years, it is that what everyone consistently predicted has turned out to be wrong. That’s because we’re in uncharted territory. We have never before turned the economy off, then turned it back on again as we did in the pandemic.