i didn't exist during the volker period lol.
stagflation it is then.
imo what's needed is a big global bust, wipe out the weak companies and the zombies, so the reals entrepreneurs have less competition and they will set the stage for the next multi decade bull run. if powell pivots, the bull run wont last because corporate profits don't do well during stagflation.
In the Buy Zone, page-29
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