The American Economy Enters Its “Lost Decade”
America could enter what nobody wants—a “lost decade.”
No huge gains, no massive price drops, just a slow, stagnating market where inflation eats away at the returns we once thought were normal. Stocks are already massively overpriced according to the CAPE Ratio and the Buffett Indicator, real estate is unaffordable and already seeing real price declines, and commercial has fallen off the proverbial cliff. Can we go up from here? The argument isn’t looking optimistic.
So, if it’s about to be a whole lot harder to make a return on real estate, in the stock market, or anything else worth…
The skinny
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