Oh, and by the way, always giving glory to our Lord, Jesus Christ! He comes first. Always.
Why am I writing a book to debunk the inflation narrative? Well because I 100% agree with the BLS. Yet, everyone in my industry ignores this obvious point and just yaps "Inflation, inflation, inflation!" It's embarrassing.
“The CPI divides the consumer market basket into eight major groups of goods and services. You can estimate the approximate difference in your expenditure pattern by estimating your relative expenditures for major groups of consumer goods and services. You could then compare them to the CPI groups' relative importance data, which are approximately the weights used in CPI estimation. For example, the approximate weights for the eight major groups in the CPI for All Urban Consumers (CPI-U) are listed below under the CPI-U average column. If your expenditure pattern is sharply different from the CPI average, the same price changes for the same expenditure categories would result in different price change measures for the total market basket. An example of a hypothetical expenditure pattern for a consumer with high expenditures for medical care appears in the tabulation that follows.”
Ed McQuarrie talks the REAL History of Stocks and Bond performance.
sorry everyone, but here's what RC told me just now.
"Hi Josh,
This would be feedback as the model portfolios you create in the advisor portal are only visible on the advisor end. This is to prevent clients to use model portfolios specifically recommended for other clients. However, I will certainly pass the feedback to add the functionality to control which portfolios a client can view on to our development team and hopefully, we can implement this in the future.
We ask you to continue to share your feedback as it helps to improve the user experience for both you and the client. Please let us know if you have any other questions or suggestions!"
if you guys have other feedback let me know. Preferable in an email so I can copy and paste it to them directly.
Got more important things to do than hang out with you all! :)
just joking have an appt at 7pm I need to attend to. Blessings to you all and see you next week.
Write your congressman and tell 'em to tax the daggum non-profits, NGOs, Foundations and universities!
