Adrian Day: Fed Dropped Bombshell Announcement, Reality Is Even Worse
The David Lin Report, Released on 4/19/23
The latest Federal Reserve meeting minutes revealed that Fed Staff are forecasting a "mild recession" by later this year. Adrian Day, CEO of Adrian Day Asset Management discusses the Fed's next move and investment implications.
0:00 - Intro0:48 - "Mild Recession"7:00 - Consumer debt and savings11:20 - Fed policy expectations13:00 - Labor market18:30 - Stock market outlook23:30 - Best sectors in recession26:47 - Gold price forecast28:41 - Gold stocks36:14 - Other recession-proof assets
Adrian Day is the president of Adrian Day Asset Management. Mr. Day spent many years as a financial investment writer, where he gained a large following for his expertise in searching out unusual investment opportunities around the world. He has also authored two books on the subject of global investing: International Investment Opportunities: How and Where to Invest Overseas Successfully and Investing Without Borders. His latest book, widely praised by readers, is Investing in Resources: How to Profit from the Outsized Potential and Avoid the Risks (Wiley, 2010). Mr. Day is a recognized authority in both global and resource investing. He is frequently interviewed by the press, domestically and abroad. He is a popular speaker and frequently invited to lecture at financial conferences and seminars around the world. His pleasures include fine dining, reading (especially history), and the opera.
Adrian Day: Fed Dropped Bombshell Announcement, Reality Is Even Worse added by Herman James on 04/19/2023View all posts by Herman James ?+'