Even though I consider it a goofy, boring waste of time, it has been difficult for me to understand why the federal government has been in such a lather about TikTok.
My concern is that the Fed will begin to gain comfort in the functioning of short-term interest rates, then decide to reduce the balance sheet just before a shock coincides with less liquidity and super-high stock valuations.
I’m not going to deter anybody from getting invested to fund their retirement, but I will try to steer you away from using rules of thumb that are likely to be contrary to your ultimate goal of living your best possible retirement.
Since we’re working our smoke-signal way through the supporting cast the president has surrounded himself with, it’s probably a good time to get to know the president’s private attorney. And because of the recent raid on his offices and the seizure of a massive amount of documents and some recordings, Michael Cohen’s importance in the Russian Affair and the Neverending Obstruction looms even larger.
