on record. Now, in just a few months time, the Fed has expanded its balance sheet by approximately $3 trillion.
Although Rogers isn't putting a timetable on the impending "blow-up," he says we can expect more money printing and low interest rates as the US gears up for an election.He added, "That is what they do. They do not care about us. They do not care about our children. They care about getting elected," he said. "So until November anyway, this is all going to continue in the US."Disclosure: TD Ameritrade is a partner of Insider, Inc.
Doesn’t matter JPOW and his printer gonna make this week his bitch. In all honesty, though, we’re already in a bubble.
Doom of the Week brought to you by Business Insider.
Jim has been calling for a crash for years
It is very much on the cards.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock-market outlook, big tech in danger amid slow recovery: Neuhauser - Business InsiderA 22-year market vet explains why stocks are headed for a 'massive reset' as the economy struggles to recover from COVID-19 — and outlines why that will put mega-cap tech companies in serious danger Lol, nice hair, pal. He looks 40 22 not enough I can figure it out myself then
Source: BusinessInsider - 🏆 729. / 51 Read more »
Billionaire Ray Dalio says Fed is driving markets, US dollar at risk - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 'Moreover, the flood of cash into markets has detached them from the real economy, meaning valuations no longer reflect fundamentals' While I probably agree here, I’ll still bet on the American Economy over time and I am continuing to Dollar Cost Average into the markets like usual. Radically transparent.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Ex-Deliveroo exec Dan Warne on launching a food business amid COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Ford Disney to showcase new Bronco SUV amid coronavirus pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »