Jim Rickards: Surprised? The U.S. Market Looks Best-Positioned In The Long Run

`

The global economy is stumbling. And not just for financial reasons like the increasing cost of debt.

Macro expert James Rickards returns for Part 2 our interview to explain why he predicts disinflation/deflation will overwhelm today’s inflation in 2023.

He also shares the portfolio allocation that he thinks will fare best over the coming market turbulence — offering his thoughts on stocks, bonds, real estate, gold, energy producers & private equity.

Stagflation & Disinflation To Reign in 2022

`

On Friday we sent you Part 1 of our interview with bond expert Alfonso Peccatiello.

In it, Alf explained why he sees credit spreads widening further from here, leading to a repricing of risk across the financial markets.

In turn, that should result in lower financial asset prices as the year progresses.

So, how can investors protect themselves & possibly profit should this indeed happen?

Here in Part 2 of our interview with Alf, he generously reveals how his portfolio is currently allocated — conservatively, but

also with several targeted short positions that should benefit if credit spreads indeed continue widening.

To learn the specific securities he’s invested in now, watch Part 2 of our interview with Alfonso Peccatiello.

Michael Pento: 30-50% Market Drop From Here

`

Money manager Michael Pento returns to our program with a big warning — the prediction he made last year is coming true:

He forecasted that, beginning in Q2 2022, we will start hurdling towards a recession as well as one heck of a bear market correction.

And he believes that script is now set to play out before our eyes.

He foresees a progression from today’s stagflation to disinflation and then to outright deflation over the coming year.

The fast-rising cost of capital

will pinch corporate and household incomes, spending will drop, financial & real estate prices will fall (some precipitously), and debt defaults will cascade through the system.

In short: it’s going to get ugly.

To hear one of the best summations yet of the “parade of horribles” we now face in the macro environment, as well as what their repercussions will be, watch this new excellent interview with Michael Pento.