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TIP488: Current Market Conditions W/ Richard Duncan
We Study Billionaires - The Investor’s Podcast Network
Is There Something More Ominous Happening Here?
The 20-year treasuries are down year to date more than stocks right now. This was the fourth worst year in the last 322 years, this is according to Bank of America research. The most recent inflation numbers were terrible, just not too many days ago. Headline CPI is still 8.2%. That didn't improve much. Core CPI, it moved up. It hit a new 40-year high of 6.6%. And so this is creating a disastrous scenario for the Fed.
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