U.S. Independence Day +

Independence Day +

By Julien B. Booth

July 2, 2021

Happy Independence Day Weekend.  I feel incredibly grateful to be in America.

Quick note below on what is driving the financial markets – from wizened Mr. Mark Grant.

Spoiler alert – the Federal Reserve is creating a monetary environment that sends all asset prices to moon.

There is an intellectual honesty question to the Federal Reserve process – but we will save that for another day, or you can read Dimitri’s recent note here:

Time to Put the Toothpaste Back in the Tube

Have a wonderful and safe weekend with your loved ones.

And, Peace on each of you who have lost cherished friends/family this year.

JBB

Chief Investment Officer – Fixed Income & Real Assets

BRC Wealth Management