Can The Fed Keep Raising Rates Amidst A Banking Crisis? | Michael Howell
Inflection Point
00:00
The Future Fiscal Problem
Banks may well have to have, as an asset, a much larger component of sovereign debt in them. And that may be the solution to the future fiscal problem. If there is this monetary inflation created, you would expect to see gold moving upwards and cryptocurrencies moving up. I think if you want a roadmap, my view would be to look pretty closely at what happened in 2001, 2002. The sequencing of liquidity rising, monetary inflation hedge going up, things like commodities moving higher, credit markets performing well - then equity starting to get traction. It's going to be the cyclical areas of the US stock market which will perform first.
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