16 min listen
U.S. Stocks Sink, But It’s Still No Bear Market... It’s China That’s Headed For Catastrophe
U.S. Stocks Sink, But It’s Still No Bear Market... It’s China That’s Headed For Catastrophe
ratings:
Length:
23 minutes
Released:
Sep 16, 2022
Format:
Podcast episode
Description
The recent sell-offs seen in the U.S. stock market are, "a pullback in an otherwise bull market, and we don't see the signals the a bear market is coming," says Joel Litman, founder and CIO of Altimetry. "Bad inflation is currency devaluation," he tells our Daniela Cambone. And demand-driven inflation is not great but it's not as deadly as inflation driven by currency devaluation. The theme that China is going to overtake the U.S. within the next five to 10 years is wrong. "The numbers just aren't there," Litman continues. There has been a credit crisis building in China over the last several years, "that's is worse than what the U.S. and Europe experienced in 2008." Litman discusses his new Perfect Stock portfolio, which you can sign up for here: https://www.perfectstock2022.com/
Released:
Sep 16, 2022
Format:
Podcast episode
Titles in the series (100)
Fed Hikes After June Are Highly Unlikely, U.S. Economy Would Completely Shatter Warns Market Expert: "The Fed is going to keep raising rates until the economy falls apart," and we're at a point where they're, "going to take their foot off the gas," warns Garrett Goggin, editor of the Silver Stock Analyst, www.SilverStockOffer.com. "There hasn't been... by The Daniela Cambone Show