Lacy Hunt: We’re Facing A Perfect Storm Of ‘Economic Deterioration’
HomeBlogLacy Hunt: We’re Facing A Perfect Storm Of ‘Economic Deterioration’
Adam Taggart
To-date, Adam’s efforts have educated and informed millions of people just like you, and directed hundreds of $millions of their investment capital into good protection and stewardship – achievements he’s very proud of because he predicts challenging times lie ahead for the unprepared investor.
Here in Part 2 of our interview with legendary economist and bond portfolio manager Dr Lacy Hunt, Lacy details out why a credit crunch is likely in process of arriving. Real bank lending has been in contraction at historically-aberrant extremes.
Lacy sees a “serious” recession as all but inevitable at this point.
Dr Hunt also shared his current outlook for US Treasury bonds.
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