Rates, Returns and Red vs Blue
Today’s episode is called “Rates, Returns, and Red vs. Blue” where we’ll look at Kevin Warsh’s latest rate hike and how the Fed fights inflation not only with interest rates, but by managing inflation expectations. We’ll also look ahead to the midterm elections, my outlook for control of the House and Senate, and why politics and investing rarely mix. Finally, we’ll turn to the stock market, where earnings continue to climb, valuations remain reasonable, and I’ll explain why I believe the bull market we’re in could ultimately become the greatest bull market in history—and why, in the end, markets don’t care about politics; they care about earnings per share.






