They are saying there isn’t any unhealthy scenario that the federal government cannot make even worse.
And that actually appears to be the case proper now.
The federal government’s excessive intervention has resulted in an financial & monetary system now dependent upon ever extra stimulus.
However out of the blue, there are a variety of government-created curveballs — the Federal Reserve taper, gridlock over the fiscal stimulus bundle, a brand new tax invoice, the debt ceiling showdown, and China’s financial and regulatory tightening that is resulting in crises like Evergrande — that appear to be they’ll scale back the stream of stimulus going ahead and create a drag on world progress.
To foretell what the affect will probably be on each the economic system at massive in addition to the monetary markets, we flip to seasoned funding advisor Ted Oakley.
On this new interview, Ted explains why he predicts a market correction will arrive by earlier 2022 (or sooner) after which shares how he’s prudently positioning his shoppers’ portfolios for that now.
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