Steve and Travis discuss the latest inflation data and how companies and consumers are feeling the pressure.
“Finance professor Elroy Dimson says, “risk means more things can happen than will happen.” Lurking beneath that comment is the sobering realization that if the COVID crisis had never occurred, something just as wild and unpredictable could have replaced it….”
On March 23rd, 2020, The S&P 500 dangled at 2,237.40. Three hundred and fifty-four trading days later, on August 16th, 2021, the S&P 500 closed at 4,479.71. The fastest 100% gain off a bottom since World War II….