not likely. Based this week's data points, we have to

conclude that US economy has been transitioning from inflation to stagfaltion/hyper-inflation.

RE might not be a good investment anymore. However, it is hard to see RE goes down that much.

Generally speaking Jim is usually several years early, but right. This time, I, among a couple of other money managers, think he is wrong since Fed will keep flooding the market with printed money, "Helicopter Ben".

Eventually bigger economic problem would show up in China.

US should be able to muddle through, at least I hope.