The understanding that this time could be different is essential. I'm hearing more people say that we have to be prepared, not just for the next six months but for the fallout of slow growth/stagflation that could stretch into years. People want a replacement for the growth of the stock market over the past decade but there really isn't anything reliable. I worry that the quest for growth will make people prioritize gain and ignore risk.
The understanding that this time could be different is essential. I'm hearing more people say that we have to be prepared, not just for the next six months but for the fallout of slow growth/stagflation that could stretch into years. People want a replacement for the growth of the stock market over the past decade but there really isn't anything reliable. I worry that the quest for growth will make people prioritize gain and ignore risk.