'Dramatic' re-pricing across all financial assets coming as the Fed moves away from its 2% inflation target to this — Larry McDonald
MCDMcDonald's(MCD) Kitco·2024-05-10 22:34

(Kitco News) - Financial markets are about to witness one of the most epic migrations of capital in history as investors rush into hard assets, warned Larry McDonald, Founder of The Bear Traps Report and New York Times bestselling author of 'How to Listen when Markets Speak' and 'Colossal Failure of Common Sense.' With the national debt approaching $35 trillion, there are only two ways out of the situation — defaults or printing more money, McDonald told Michelle Makori, Lead Anchor and Editor-in-Chief at K ...