It's the question that I find myself asking nearly everyday: are we in a melt up boom?

First a little background. A melt up boom, is a sudden, unexpected rise in the price of an asset. It is, from my point of view, largely a psychological phenomena.

It's the question that I find myself asking nearly everyday: are we in a melt up boom?

First a little background. A melt up boom, is a sudden, unexpected rise in the price of an asset. It is, from my point of view, largely a psychological phenomena.

It's the question that I find myself asking nearly everyday: are we in a melt up boom?

First a little background. A melt up boom, is a sudden, unexpected rise in the price of an asset. It is, from my point of view, largely a psychological phenomena.

It's the question that I find myself asking nearly everyday: are we in a melt up boom?

First a little background. A melt up boom, is a sudden, unexpected rise in the price of an asset. It is, from my point of view, largely a psychological phenomena.

If there's one thing we can rely on it's the United States Dollar. The world's reserve currency. Our store of value and medium of exchange. The standard by which all other financial assets are measured.

But what if I told you that today's dollar, is not the same as the dollar of just a couple of years ago. Oh, I'm not talking about some vast conspiracy, where some nefarious people backed up a truck and unloaded all the dollars from our nation's vaults.

If there's one thing we can rely on it's the United States Dollar. The world's reserve currency. Our store of value and medium of exchange. The standard by which all other financial assets are measured.

But what if I told you that today's dollar, is not the same as the dollar of just a couple of years ago. Oh, I'm not talking about some vast conspiracy, where some nefarious people backed up a truck and unloaded all the dollars from our nation's vaults.

If there's one thing we can rely on it's the United States Dollar. The world's reserve currency. Our store of value and medium of exchange. The standard by which all other financial assets are measured.

But what if I told you that today's dollar, is not the same as the dollar of just a couple of years ago. Oh, I'm not talking about some vast conspiracy, where some nefarious people backed up a truck and unloaded all the dollars from our nation's vaults.

If there's one thing we can rely on it's the United States Dollar. The world's reserve currency. Our store of value and medium of exchange. The standard by which all other financial assets are measured.

But what if I told you that today's dollar, is not the same as the dollar of just a couple of years ago. Oh, I'm not talking about some vast conspiracy, where some nefarious people backed up a truck and unloaded all the dollars from our nation's vaults.

We discussed last week, what is rapidly becoming my central thesis for the year 2022: The Year Of Uncertainty.

Essentially for anyone who models the economy, last year was the year when you just had to “plug in” a number. You didn't know what the real number was. So you just used your best estimate of what you thought should be the number.

We discussed last week, what is rapidly becoming my central thesis for the year 2022: The Year Of Uncertainty.

Essentially for anyone who models the economy, last year was the year when you just had to “plug in” a number. You didn't know what the real number was. So you just used your best estimate of what you thought should be the number.