Functions of War (Iron Mountain, II) Part 2

imageThis morning we look at how many of the expectations for the future, as seen in 1967 in the book “Report from Iron Mountain” have worked out.
It’s almost spooky how close the book has been at predicting the macro-trends.
Almost as frightening, in fact, as what is ahead for markets over the next couple of weeks.
No headlines today…we will stay close to our major function of keeping people “in the game” with their nest eggs bouncing into the future.  If with no smile on their face, at least a little more money to their credit than would otherwise be the case.
Instead, we will lay out a likely trajectory to the Second Depression low due in January of 2020.

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