U.S. Markets Face An Unprecedented Era Of Discomfort That Many Could Never Fathom

Are we officially in the process of being caught off guard?

I wasn’t even going to write a note this morning, because it’s Sunday and I have a couple pieces planned for the week to come. But then I had an interesting set of realizations this morning while walking to get my coffee:

1. Many young people on Wall Street nowadays have never experienced real volatility in markets

2. Russia’s invasion of Ukraine and inflation …