May 2023: “This Race is NOT Always to the swift”
In This Article
We began our 3Q2022 note off with an Aesop fable … “The ass &his driver”. To my surprise, some readers were unfamiliar with both Aesop and this particular “fable”. Though, as we noted then: “The beauty in these fictional tales resides in their elegant simplicity.” Given the “disconnect” between current economic conditions as defined by THE DATA vs. recent…