Inflation, Bernanke, tightening, moderation, slowing production, what's next?
Everything is a great guess. The real estate bubble needed to be slowed down. The Fed did it. The games and gimmicks in the mortgage market needed to be shut off. The Fed did it. The economy needed to slow down. The Fed AND higher crude prices did it.
Or was it was the record levels of household debt that finally came home to roost?
CEO, Parisian Family Office. Began Wall Street in '82. Founded investment firm, Native American Advisors, '95. White Earth Chippewa. Raised on reservations. Conservative. NYSE/FINRA arbitrator. Drexel Burnham alum. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from GHOST RANCH on the Yellowstone River in MT, TN farm, PAMELOT or CASA TULE', the family winter camp in Los Cabos, Mexico. Always been, will always be, an optimist.
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