Economy

Ratcheting down. Bounces are small and temporary for the most part that I see. Surprised Europe and Asia continue to slump, but so does General Motors and our tech sector. I think people are nibbling for what they think will turn up if the war is a short one or a few months long. But the world is left with supply problems for a long time - food, energy, manufactured goods. Where to hide? On WealthTrack this week, Jonathan Clements laid out his common sense no frills ideas from his website humbledollar.com. For those not seeking anything sophisticated, like buy what's dirt cheap, rebalance, have a few cash flows, and sleep at night. Definitely worth a listen.