Unknown, Knowns

Recently a podcast host referenced a Charlie Brown comic book strip where Marcie, Linus, and Charlie Brown are lying on their backs looking at the clouds. Each character is asked what they see, and they all describe something wildly different. It’s easy to draw parallels to this comic book strip and how our central bank, […]

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Side Stepping the Wall of Worry

“Forecasts create the mirage that the future is knowable.” -Peter Bernstein, Economist1 Thirty-eight economists were polled by Bloomberg mid-December 2022 and asked to share their forecast on the odds of a recession in 2023. Seventy percent believed the US would enter a recession in 2023.2  This poll, while only one measure, was reflective of a […]

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