While listening to a podcast during the most recent whirlwind trip … travel time and down time to recover, made for good consumption. The most eloquent … maybe raw, or even ineloquent description of something that has been on our minds and will very likely make its way into the next quarterly newsletter in greater detail was discovered.
A Sebastion Page quote “The $20 Trillion Blob that Consumed Risk!” What he is speaking of is the Global Stimulus that overwhelmed many risk items and events!
The $20 Trillion Blob that Consumed Risk
Resonating so loudly, immediately after the podcast the audiobook of year 2020 was purchased.
Sebastian Page Chief Investment Officer of a very large asset management company had written a book on allocation but noted in this recent podcast “The $20 Trillion Blog that Consumed Risk!” … Wow did the alarm bells go off with his comment… just a very raw description of what has occurred!
A Pac-Man like image flashed across as a visual, thanks to one of the best AI created images, a very accurate picture of money taking risk down is include above.
What Mr. Page is so raw speaking about is the vast amount of stimulus that has been deployed over the past few years across the world, and the unforeseen fact of consuming risk or risk events, like higher rates, geopolitics, inverted yield curves and covering up the wounds of slowing economies.
Mr. Page went on to discuss what we think about and very much the subject of this book. What occurs after the stimulus?
One of the main reasons the purchase of the audiobook was a hope to get a PDF of some graphic material that we could show in this venue as well as the newsletter, unfortunately, this did not occur. Fortunately, the newsletter is still over two months out and with a little luck, a crossing of paths with Mr. page before the newsletter may occur…. Small world in the works here!
Have a Great “$20 Trillion Risk Eating Blob” Day!
John A. Kvale CFA, CFP
AI Content Authenticity: The blob was created by AI. All of the text content has been completed by myself and has not been edited or created by AI. Occasionally we do use AI for images and will note when appropriate.
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
