50% stock market crash ‘wouldn’t surprise me’; This is the biggest risk today – Ted Oakley
The biggest risk facing investors right now is the unsustainable stock market valuations that will eventually mean revert, said Ted Oakley, founder and partner of Oxbow Advisors. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW…
Inflation surges to highest level in 30 years, Biden is about to press ‘panic button’ – Steve Hanke
Inflation surges to the highest level in 30 years, with headline CPI at 6.2% and core CPI at 4.6%. Steve Hanke, professor of applied economics at Johns Hopkins University, discusses with David Lin, anchor for Kitco News, the implications for…
End of bull market? Labor market is heating up, brace for higher wages, inflation – Jim Awad
Nonfarm payrolls grew at 531,000 in October, more than the consensus estimate of 450,000. The unemployment rate has fallen to 4.6%, down from 4.8% the previous month. Jim Awad, senior managing director of Clearstead Advisors said that a recovering labor…
Gold, Bitcoin price: Expect more pain before major gains – Chris Vermeulen
Both #Bitcoin and #gold prices have more consolidating to do before moves to new all-time highs happen, said Chris Vermeulen, chief market strategist of TheTechnicalTraders.com. This is how long investors and traders may have to wait. Visit: https://TheTechnicalTraders.com for more…
Stagflation to last next 6 months, markets in danger of sell-off – Tavi Costa
Several structural problems in the U.S. could cause a slowdown in economic growth soon, with stagflation hitting and lasting for the next six months, said Tavi Costa, portfolio manager of Crescat Capital. “I am in the of sort of a…
Is the housing market in a bubble? How can gold reach $20k? Briton Hill answers (Pt. 2/2)
Watch part 1 of the interview: https://youtu.be/ky6FIoD14Z8 Briton Hill, president of Weber Global Management, discusses with David Lin, anchor for Kitco News, the state of the housing market in the U.S., as well as drivers for gold to breach new…
Inflation, water shortage, health care; How to play top investment themes? Briton Hill (Pt. 1/2)
This is part 1 of 2 of the full interview. One of the top investment themes during Biden’s presidency is rising inflation, said Briton Hill, president of Weber Global Management. Hill discusses with David Lin, anchor for Kitco News, the…
U.S. stocks won’t even beat inflation over next 10 years; here’s where to invest instead – Arnott
With valuations at current levels, U.S. stocks are poised to be the worst performing asset class over the next 10 years, according to fund manager Rob Arnott, founder and chairman of the board of Research Affiliates. Arnott, nicknamed the “Godfather…
Record inflation levels are coming with no growth, ‘the worst of all worlds’ – Steve Hanke
The inflation rate will reach 6% to 9% by year-end, said Steve Hanke, professor of Applied Economics at Johns Hopkins University. Speaking with David Lin, anchor for Kitco News, Hanke said that in a low growth environment, this represents the…
‘Shocking’ inflation now higher than Fed’s target, is ‘harbinger of things to come’ – Steve Hanke
Headline inflation is now at 4.2%, the highest reading since 2008. Steve Hanke, professor of applied economics at Johns Hopkins University, said that this is a ‘harbinger’ of even more inflation. Hanke told David Lin, anchor for Kitco News, that…
