The tweet was deleted by the author.
But we saved everything 🙂.
Peter Mallouk uses humor to comment on economic policy and personal real estate decisions. He references purchasing a house in 2020, while highlighting significant monetary actions by the Federal Reserve, including printing $8 trillion, alongside the U.S. government borrowing an additional $16 trillion.
Mallouk has previously noted the S&P 500 averaged 12 percent annual returns since 1980 despite significant annual drawdowns, according to past commentary. He also highlighted that Facebook shares dropped 54 percent after its 2012 IPO, ending its first year down 31 percent while the market rose over the same period. These observations add context to his current remarks on monetary policy and asset decisions.