Friday Links – the stories we tell, implications of 8% interest rates, NATOs not at fault and stagflation
Why the stories we tell ourselves matter, and the investment implications of higher inflation. Further reading for the weekend
1. Investment Narratives
2. The risk of stagflation
3. It wasn’t NATOs fault
4. How to plan around 8% interest rates
Narratives matter
We’ve always understood that the stories investors tell themselves matter, if only because it helps explain investment manias. The economist Robert Shiller has taken that common sense insight and turne…
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