2024-07-13 08:05:00 ET
Summary
- After more disinflation in the June CPI report, the market can now see the whites in the eyes of Fed rate cuts.
- I discuss more signs that the economy is veering toward recession.
- I also explain why a mild recession like the one in the early 2000s could be very good for the beaten down real estate sector.
- My buy list has been reduced down to only 3 names after the post-CPI surge in dividend stocks.
Greetings from the Rocky Mountains!
I make my pilgrimage to this slice of alpine paradise every summer, partly to escape the hellish heat of Texas but mostly for the profound pleasure of traversing Colorado's hiking trails.
Around New Year's Eve, I wrote an article titled " Investing In The Good Life " in which I explored 10 elements of the optimally happy and fulfilled life, according to both science and timeless wisdom. One of those elements is "time in nature."
There's something deeply rejuvenating and restorative about hiking through mountain forests, crossing rocky streams of snowmelt, and ascending to alpine lakes, all the while letting the mind wander where it will as the brain focuses simply on the function of plotting one's next steps.
The verdancy and fecundity of a mountain ecosystem in the summertime incites creativity and imagination like nothing else, in my experience....
Read the full article on Seeking Alpha
For further details see:
3 Stocks I'm Buying As We Close In On Fed Rate Cuts