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Lifelong Wealth Strategies is a fee-only Registered Investment Advisor in Westchester County, NY
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Scroll to 15:30 mark for Angelo Gallo
Google announced 12,000 layoffs today. Investors seem to think that's a reason to buy the stock. The reality is that economic growth and inflation are now decelerating at a faster rate (Rate of Change). Under these conditions, you don't buy stocks.
The year 2021 was mostly a Quad 2 year. For those of you unfamiliar with our terminology, that’s when Growth and Inflation are both accelerating. The economy does well under these conditions and stocks love it. So that’s why 2021 was a good year for almost all...