Fertility dropped because foreigners could not get to the US to give birth. Among native born women, fertility increase in 2020 and 2021.
Hi Russell. Thank you for sharing your mind with us this past year. It's a pleasure watching you put the pieces of the "macro puzzle" together. Tremendous value for money. You have inspired me down a rabbit hole of my own. Thought you'd be interested in this:
Anecdotally, your theory explains the situation on the ground here in Holland. All my friends are having babies! Babies everywhere!
Here's to wishing you a very "fertile" New Year. Cheers!
Hi Russell. You had previously suggested buy yen/short dollar. What do you think needs to happen to set that trade afoot?