To The Moon

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Stagflation is upon us, according to Bank of America global investment strategist Michael Hartnett.The combination of stagnation and inflation is a rare period of low growth and rising prices.Stagflation has come back on investors’ radar as many fear that the burst in post-pandemic activity could start to slow, while inflation may accelerate to high levels with an ultra-easy monetary policy in place.During the 1970s, stagflation was first recognized when an oil shock and a depreciation in the dollar led to a simultaneous surge in price pressures and the unemployment rate.

If you can keep your head when all about you are losing theirs. If you can wait and not be tired by waiting. If you can think and not make thoughts your aim. If you can trust yourself when all men doubts. Yours is the Earth and everything that’s in it.