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WTFinance

Simon Hunt - Market Crash in 2024 to Force Central Banks to Act

Feb 2, 2024
Simon Hunt, market analyst, discusses economic trends like the potential for an economic depression and catalysts for deflation in 2024. He also touches on the risk of global conflicts, debt-driven growth in China, and the importance of transitioning to real assets like gold and silver amidst a market crash.
26:30

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Forecasts indicate a 30% global equity market correction due to Middle East events, prompting central bank rate adjustments.
  • Concerns raised over inflated debt-to-GDP ratios and hidden real inflation rates posing risks to economic stability.

Deep dives

Prediction of a 30% Market Correction by Mid Year

The podcast predicts a significant 30% correction in equity markets globally and in base metal markets by mid this year or possibly by April. This projection is based on factors like the potential resurgence of oil prices due to Middle East events and warning signs indicating the escalation of the situation in the region. The forecast suggests that the Fed could be compelled to adjust and lower interest rates, leading to a domino effect on G7 central banks.

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