This week’s reading and viewing list: Why Monetary Policy still confuses economists, the legendary Sam Zell’s Final Wise Words, don’t listen to stories and an interview with valuation guru Aswath Damodaran
📚 Why Are Economists Still Uncertain About the Effects of Monetary Policy? (Federal Reserve Bank of Richmond)
📚 Mr. Market Is Still In Denial Over TINA’s Passing (Jesse Felder, The Felder Report)
🎙️Aswath Damodaran: A Valuation Expert’s Take on Inflation, Stock Buybacks, ESG, and More (Podcast, Morningstar)
📚 Stories are great – but investors should stick to reality (Money Week)
📚 Investors Are Overlooking the Real Power of AI (Institutional Investor)
📚 Apple Pay on a roll, and the banks are rattled to their cores (Australian Financial Review) – paywall
🎙️Sam Zell’s Final Wise Words & Warnings About Market Downside (Wealthion, Youtube)