“Davidson” submits:
I am suggesting a major shift in portfolios today!
“Davidson” submits:
I am suggesting a major shift in portfolios today!
Here is a section of the book that applies more than a bit to today….
“Davidson” submits:
Economic activity always is a composite of moving parts. Currently it appears we have more moving parts than usual. Indeed so! We have multiple policy shifts in the works with the potential for beneficial outcomes. But, if these occur, it will be likely a couple of years before the final outcomes are known with the path uncertain.
There are 16 of them and I cannot disagree with a single one. This comes from a 1994 lecture he did.