If Your Plan Depends on a Soft Landing, Now’s the Time for Prayer

The Fed is in the midst of wrecking markets…
 
   
     
   
Smack dab in the middle of the Allegheny National Forest stands the Hickory Creek Wilderness. 

Never logged, this roughly 13 square miles of exceptional remoteness shelters some truly outstanding and rare old-growth forest. Lots of black bears, too, based on all the berry-filled bear poop along the sparsely-maintained trail that cuts through it. 

Inspired by The Comfort Crisis, I spent last weekend there for an overnight solo backpacking trip. The book emphasized finding ways to get out of my comfort zone. Heading out alone was my way of warming up those limits. 

Hiking miles over rough, hilly terrain with a 60-pound pack. A trail that often disappears. Extreme quiet along with cell service that dropped off long before I hit the trail. I already mentioned evident but unseen bears. 

And in a cosmic act of discomfort, tailor made for me, I forgot my trail map. 

So, as I headed to a spot vaguely recalled from a map last seen in my living room, there was plenty of space for comfort withdrawal symptoms to kick in. 

But the physical and mental discomfort experienced on this initial test run was self-imposed. I knew to expect it, even when it got intense in ways I didn’t intend. 

I was mentally prepared for things to not go as planned. 

What a succinct metaphor for success in life. 

That goes for markets too. 

And when it comes to markets, I wonder how prepared investors are for the Fed’s intended “soft landing” to not go as planned.

   
Signature Don Yocham
 
Don Yocham

PS> Check out The Daily Pick, my I'm giving readers a way to get on the right side of chaos and volatility as they pick up.
   
 

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