In The Illusion of Knowledge (September 2022), I railed against macro forecasting, which in our profession mostly concerns the next year or two. And in I Beg to Differ (July 2022), I discussed the questions I was asked most frequently at Oaktree’s June 21 conference in London: How bad will inflation get? How much will the Fed raise interest rates to fight it? Will…
![](https://www.finomgroup.com/wp-content/uploads/2022/12/Screen-Shot-2022-12-08-at-1.20.04-PM.png)