FIELD NOTES: Paper Wealth vs. Real Assets
Field NotesPaper Wealth vs Real AssetsToday’s observation Something happened in the markets today that most people will read about for five minutes and forget. But if you’ve been watching long enough, you recognize the pattern immediately. Global markets took a beating.South Korea’s KOSPI dropped hard.Japan, Germany, the U.S.—red across the board.Trillions in market value erased […]