#### Current State: - Money supply increasing - Stay clear of overpriced hyped stocks - Interest rates are rising -- Supply capacity constraints to abate the hyperinflationary style increase of money supply - Cyclical rotation back to value stocks is happening ##### Takeaway: - Stimulation is too much - Stay away from overvalued growth stocks - Stay away from bonds - Negative / Near Zero rates - Commodities to boom soon, from gold to platinum to silver - Banks should be held cyclically. Not for long term growth [[Economic Machine]] [[Money Flow Model]] [[Buffet Metric]] [[Shiller Price to Earnings Ratio]] [[Stock Market Bubbles]]