Hard Assets Alliance was created as a cooperative of investment professionals who believe there’s a better way to invest in precious metals. From time to time, we share guest perspectives on the markets from these partners and we are pleased to share another interview from our partner Adam Taggart of Wealthion.
Many argue that Fed policy is the main reason financial assets rose to record highs over the past decade.
Many also argue that the horrible performance of both stocks AND bonds this year are due to a switch in Fed policy.
Which, mind you, was made to combat raging inflation, which can also be argued the Fed is responsible for creating.
So with the Fed now hiking rates and kicking off Quantitative Tightening, right after GDP shrank in Q1, will it pop the bubbles in the financial, housing and jobs markets, plunging us into recession?
To find out, we asked former Fed advisor Danielle DiMartino Booth.
Danielle worked with Richard Fisher at the Federal Reserve Bank of Dallas during the GFC — she knows the Fed, as well as the people running it, very well.
And she predicts that Fed Chair Jerome Powell is much more committed than most expect to doing “whatever it takes” to bring inflation under control, even if that means sacrificing the markets or, yes, even starting a recession.
To understand why & what that will mean for investors, watch this new video interview with Danielle DiMartino Booth.
And make sure to watch Part 2 of this interview with the video below.
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