How to think about everything presumably wrong with stocks and what to do about it
When you get as many things going wrong as there are right now, you do not think about opportunity; you think about safety. I get that. We have the most uncertain of times in the Mideast after the U.S. and Israel attacked Iran this weekend. We have a man-made inflationary event — the closing of the world's chief oil artery, the Strait of Hormuz. The skyrocketing of oil prices will make it so the Federal Reserve can't help us, even under President Donald Trump 's soon-to-be Fed chairman, Kevin Warsh. We are ...