Maybe we are rationalizing this in the wrong way. Everyone's hair is on fire due to the Administration's actions promoting higher inflation than the Fed's target.

Maybe their goal is to address the oversized national budget by reducing the value of the dollar and inflating our way out of debt. To all of us, that's insane and tantamount to blasphemy, but it's no more screwy than a lot of the other stuff that the Administration has been doing over the last few months.

In that context, take this as a serous warning by Wendy and try to contextualize your investments accordingly. The challenge, should this unlikely event take place, will be the response of the markets, once they realize what's happening and the unpredictable chaos which it may cause, to what will provide a way to protect the value of your assets.

It would be interesting to evaluate what has worked elsewhere in different times (though I can't think of when, in the past, the world's leading economy committed financial suicide).

Jeff