2min chapter

Forward Guidance cover image

George Robertson: The Fed Has No Control, There Will Be No Recession, and Fiscal Supremacy Will Drive Stocks To “Ponzi Stage”

Forward Guidance

CHAPTER

Bullish Outlook on Stocks, Bond Sell-Off, and Anticipating a Ponzi Stage

Discussion of the stability of the fiscal budgeting process and its potential impact on the sell-off of bonds. Bullish outlook on stocks and prediction of increased U.S. Treasury 10-year rates leading to a bond market sell-off. Anticipation of correction of divergence between stocks and ngdp and potential boom in the stock market.

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