Congrats to everyone who insisted they were better off four years ago -- you made it right back to the safety and security of "early COVID pandemic"
Reposted from Cullen Hendrix
There you have it. The Economic Policy Uncertainty Index (www.policyuncertainty.com) just hit an all-time high, surpassing its previous high from May 2020 - the teeth of the #COVID pandemic.

Consequences: worse investment climate, higher risk premia, (likely) higher interest rates...

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