But that's when things will take a turn for the worse. Hunter said he thinks that sometime in the second quarter, inflation will surge as the economy opens back up. That would cause the Fed to begin to tighten its policy, sending 10-year yields to 2.5% and 30-year yields to 3%.
"You're going to see as we open up the economy more signs that things are overheating actually. It's ironic because we were ina year ago," Hunter said, attributing his prediction to fiscal and monetary stimulus efforts. Hunter added that"we're in a very unusual situation" because of the potential for economic overheating ahead as a result of stimulus while the economy is at the same time fragile with relatively high unemployment. He said this fragility will make the economy and markets more sensitive to Fed tightening.
He said the potential drop in stocks and the economic bust will lead to monetary and fiscal stimulus efforts that are even greater than those of the last year. This will send share prices soaring, he said, and begin an industrial-driven economic recovery.
FinanceInsider Ridiculous headline, followed by “Sign up now for just 9.99” I presume 🤔
Lol...clickbait...lol...lol...
Biden
And how invested is he in gold I wonder..
Really! If gold is going on a big fat run why is it still going down? Gold could have easily ripped higher this week.
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