Bond King sees a "pretty substantial" fall in USD between deficits and inflation. Although he admits it will take time and not be a straight drop.
“In fact, we’ve never witnessed breadth this weak with major indices at all-time highs," says Mike Wilson, warning of rapid disappointment ahead.
Once again, the strategist sees storm clouds on the horizon, and with good reason. Everything from stocks to gold is in overheated territory.
For several decades, individual investors have been moving billions of dollars in and out of thousands of mutual funds. The question is: why?