Conservative Investors, Bank Depositors Get the Last Laugh... And What Google and Microsoft's Chatbots Say about One Another
herbgreenberg.substack.com
There was a point in 2021 when, if you had money in the bank or just kept it in a brokerage sweep account, you felt like a chump... It was worse for people on fixed incomes, who relied on interest income to keep them afloat. There was nothing they or you could do – either keep that money in cash and earn zero, or stuff it into the most overheated market in a generation.
Conservative Investors, Bank Depositors Get the Last Laugh... And What Google and Microsoft's Chatbots Say about One Another
Conservative Investors, Bank Depositors Get…
Conservative Investors, Bank Depositors Get the Last Laugh... And What Google and Microsoft's Chatbots Say about One Another
There was a point in 2021 when, if you had money in the bank or just kept it in a brokerage sweep account, you felt like a chump... It was worse for people on fixed incomes, who relied on interest income to keep them afloat. There was nothing they or you could do – either keep that money in cash and earn zero, or stuff it into the most overheated market in a generation.