By John Persinos
On a cable news gabfest last Sunday, I actually heard a politician compare current economic conditions in the U.S. to the stagflation experienced during the Jimmy Carter era. I almost did a spit-take with my coffee. That argument is ridiculous on its face.
My Greek grandmother sometimes used an expression from her village in the old country: The dogs bark, but the caravan moves on.
My Yia Yia was a wise woman. And today, while the naysayers bark, the stock market moves on.
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