In this episode Scott Becker discusses:
Bond rout promises more pain for investors.
The markets fell Thursday, were closed Friday and are expected to open lower this AM.
The 10 year treasury bond opens at 2.82%.
The stock and bond markets are anticipating harsher and quicker raising of rates and a quicker tightening of the money supply.
Car prices expected to remain elevated for another 12 to 24 months.
Oil prices are at $106 a barrel.
Goldman Sachs says a 35% chance of recession within 2 years.