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Investing Against the Tide

Investing Against the Tide

November 18, 2022
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It’s déjà vu all over again. With inflation higher than it has been since the 1970s, interest rates rising and the economy slowing, many have grown fearful of investing. This attached speech (Capital Group: Investing Against the Tide) known as the “Fullerton Letter” was delivered in 1974 amid a prolonged bear market provides a historical perspective and a dose of optimism when it is in short supply.