Inflation May Pave Way to Recession: Peter Schiff
The economist says the true inflation rate is 'well north of 10%'. Soaring inflation is going to get worse, creating dire consequences for the U.S.
The economist says the true inflation rate is 'well north of 10%'. Soaring inflation is going to get worse, creating dire consequences for the U.S.
"It's dangerous," Gross warned of loose monetary policy. "It's dreamland that's been supported by interest rates that aren't where they should be."
The idea that the Federal Reserve can continue to boost U.S. economic recovery and stock market rally without interruption is “too good to be true".
Assigning the central bank responsibilities extending beyond the adjustment of monetary policy creates an unknown that I do not think we can assume ou
“Relative to broad levels of various asset prices and the monetary base, oil looks remarkably cheap,” JPM said in the note.
Removal of some concerns over renomination could allow Powell to cut loose a little more and follow the less-expansive policy some believe warranted.
BofA strategists are bearish on markets next year and urged investors to focus on preserving cash.