You’re spending your life working hard to save for the future and it ALL comes down to where you invest those savings as to what happens from here. You’ve got the GFC still clear in your memory, have just experienced the deepest but shortest recession along with a pandemic and now have an unprecedented economic environment based on central bank and government fiscal stimulus against the biggest debt pile ever. It’s a lot to get your head around. Ambrose Evans-Pritchard of London’s Telegraph newspaper outlines this ‘predicament’ and why the Fed may well lose control.
