Macro Issues Are Everywhere, Does It Really Matter…? by Lukas Neely, Investor Vantage “There’s too much emphasis on macroeconomics and not enough on microeconomics. I think this is wrong. It’s like trying to master medicine without knowing anatomy and chemistry.” — Charlie Munger [munger] Since the recent correction, we’ve seen a bevy of reasons why the market is falling: interest rates might increase, China is falling off a cliff, here comes 2008 again. I thought it would be an important discussion and, at the very least, clear some things up regarding China as a “reason” for the U.S. market decline….
Macro Issues Are Everywhere, Does It Really Matter…?
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