Jan 24, 2023
Summary:
As we quickly approach the end of January, many are wondering what
is in store for the rest of 2023 with regard to inflation rates and
the markets. Is the Fed going to follow through on lowering
inflation, and how will this affect the rest of the economy? Jim
Welsh comes on the show to talk about some of the things that will
take place this year, and assures us that the Fed is very intent on
sticking to their guns—meaning that we can expect inflation to make
its way down to 3%. Although Wall Street is skeptical, Jim reminds
us that getting inflation to 3% is doable; on the other hand,
taking inflation below 3% will be the tricky endeavor. Jim, among a
number of experts, expects that we will see a recession this year
and that the effort of globalization will unwind. Furthermore, a
combination of factors will result in a secular bear market, which
Jim elaborates on in his latest piece. Tune in to this episode for
more insight.
Useful Links:
Financial Survival Network
Macro Tides
jimwelshmacro@gmail.com