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My favorite month (August) is almost over and changes of autumn are already in the air. I hope each of you is having a wonderful summer!
Current Market Conditions
I will keep this month's update relatively brief, as not much has changed from an economic/investment perspective since the end of July.
The world still remains mired in a COVID-vaccine-is-coming holding pattern while the Federal Reserve and US Treasury continue to prop-up stocks, bonds, and hard assets with very low interest rate policies, easy lending, and rapid expansion of the money supply. Accordingly, income inequality is