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Interest Rates Will Rise Enough to Crush the Stock Market & Economy, But Not Inflation - EP 69
- Subscribe to Perfect Spiral on Spotify at https://open.spotify.com/show/1q3PEgbgV1qrbO7fEK6TbU?si=c50c0463c45144df
- Stocks suffer major losses Friday as 495 of 500 S&P 500 stocks trade lower
- Only oil posts weekly gain as stocks, bonds, gold & cryptos sell-off
- Jerome Powell delivers hawkish speech at Jackson Hole, investors now have to discount much higher interest rates in September & October
- Widespread economic data shows the economy is coming to a major slowdown
- The cyclical trade is is dead
- Recession does not indicate lower prices despite popular belief among investors
- Student loan forgiveness is immoral and will cause much higher inflation for several reasons
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By True North International Partners, LLP- Subscribe to Perfect Spiral on Spotify at https://open.spotify.com/show/1q3PEgbgV1qrbO7fEK6TbU?si=c50c0463c45144df
- Stocks suffer major losses Friday as 495 of 500 S&P 500 stocks trade lower
- Only oil posts weekly gain as stocks, bonds, gold & cryptos sell-off
- Jerome Powell delivers hawkish speech at Jackson Hole, investors now have to discount much higher interest rates in September & October
- Widespread economic data shows the economy is coming to a major slowdown
- The cyclical trade is is dead
- Recession does not indicate lower prices despite popular belief among investors
- Student loan forgiveness is immoral and will cause much higher inflation for several reasons