The US economy is now dependent on credit growth that is insufficient without additional induced stimulus. The Fed will not be able to complete its current planned withdrawal from QE without causing a recession. At some stage this year the Fed will have to come up with a new plan that may mimic the UK approach.
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Tax-Efficient Investing: How the Right Strategy Saves You Hundreds of Thousands
Effective compounding and tax minimization are not competing goals. They reinforce each other. The discipline that drives superior long-term compounding uses aggressive risk management to minimize drawdowns and so also
