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4% inflation is the new normal; Stocks to crash another 20% – Adrian Day
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4% inflation is the new normal; Stocks to crash another 20% – Adrian Day

July 31st, 2022 Kitco News comments

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Rising cost of living will not go back to 2% 'for the foreseeable future,' claims Adrian Day. He reviews the hazard of stagflation, and also what investors can do to secure themselves.

Day, Chairman and CEO of Adrian Day Asset Monitoring, talked to Michelle Makori, Editor-in-Chief as well as Lead Support at Kitco Information, at the PDAC 2022 Convention.

Adhere To Michelle Makori on Twitter: @MichelleMakori ()
Follow Kitco Information on Twitter: @KitcoNewsNOW ()

0:00 – Fed as well as rising cost of living
8:56 – A coming economic crisis
11:35 – Root cause of inflation
13:40 – Fed reputation
19:26 – Finest assets to have
26:42 – Securities market predictions
31:40 – Threats to united state dollar

#recession #inflation #gold
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4% inflation is the new normal; Stocks to crash another 20% - Adrian Day

Inflation won't return to 2% 'for the foreseeable future,' says Adrian Day. He discusses the threat of stagflation, and what investors can do to protect themselves.

Day, Chairman and CEO of Adrian Day Asset Management, spoke with Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News, at the PDAC 2022 Convention.

Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)

0:00 - Fed and inflation
8:56 - A coming recession
11:35 - Cause of inflation
13:40 - Fed credibility
19:26 - Best assets to own
26:42 - Stock market predictions
31:40 - Threats to U.S. dollar

#recession #inflation #gold
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

Subscribe to our channel to stay up to date on the latest insights moving the metals markets.

For more breaking news, visit http://www.kitco.com/

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Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
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Next article Fed to get even more hawkish, but it won't be enough; Gold to hit $5K - Rob McEwen
Previous article 65% chance of recession as inflation heats up to 8.6% - Steve Hanke

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