2022 was the worst year ever for investors…once you adjust for inflation.
The crash in stocks and bonds was caused by a policy mistake. Central banks thought they could print money without causing inflation. Then they ignored the inflation they created. And in 2022 their panicked interest rate increases crashed financial markets.
Today, transitory inflation is back with yet another supply chain crisis.
What will central bankers do this time? Will it be as bad as 2022?
Find out in this video.
Until next time,
Nick Hubble
Editor at Large
PS One of the themes running through this issue is the danger of misunderstanding what’s really driving events. The Fed may be misreading inflation. Markets may be misreading the Iran crisis. And according to Jim Rickards, investors may be misreading AI. That’s why I recommend watching his latest briefing. It raises a question that few investors seem willing to ask right now: what if the technology is real, but the investment story isn’t?
Britain’s Investment Letter Since 1938
In 1938, The Fleet Street Letter warned its readers that war was coming to Europe — and even identified September as the critical month.
Since then, its readers have been warned ahead of Black Monday, the dotcom crash and the 2008 financial crisis.
Today, Britain’s longest-running investment advisory is still looking for the “news behind the news” — and the investment opportunities others could be missing.
Click here to discover what The Fleet Street Letter sees coming next.
Capital at risk.
What Does Britain’s Oldest Investment Letter See Coming Next?
It warned readers ahead of Black Monday.
The dotcom crash.
And the 2008 financial crisis.
Now, nearly 90 years after it was founded, The Fleet Street Letter is still searching for the “news behind the news” — and the investment opportunities that could emerge from the next major turning point.
Click here to discover what its editors are seeing now.
Capital at risk.
