Axel Merk On The Fed's Sledgehammer Approach To The Economy
The Julia La Roche Show, Released on 12/8/22
Macro expert Axel Merk, Chief Investment Officer of and founder of Merk Investments, joins Julia La Roche on episode 37 to discuss monetary policy, the economy, gold, and more. In this episode, Merk details the Federal Reserve's sledgehammer approach to monetary policy and why the central bank will likely push the economy into recession. He also shared his thesis on stagflation. Merk outlined why next year's market might be "more nuanced." He also shared his outlook on gold, the U.S. dollar, and more. Axel has grown Merk Investments into a $1 billion investment advisory firm offering investment funds and advisory services on liquid global markets, including domestic and international equities, fixed income, commodities and currencies.
0:00 Intro0:31 Macro view1:45 Sledgehammer approach2:06 A more nuanced market in 20232:49 Central banks trying to fix their mistakes5:14 Extremely counterproductive policies6:18 Rates should be coming down7:27 Fed is basically a debating club8:11 The Fed needs a new framework10:38 Why The Fed might pause hikes at the May meeting13:00 Inflation outlook16:40 Social implications of policy19:24 Stagflation thesis23:00 Investing in gold25:30 3 types of gold investors26:56 Gold is the purest indicator of monetary policy30:24 U.S. Dollar outlook32:48 What does a more nuanced market look like?35:40 Merk's framework40:20 Why invest in gold miners45:00 Merk's journey in the financial markets49:40 Building and growing a business51:40 Pilot53:13 Parting thoughts
Axel Merk is the Founder, President, Portfolio Manager, and CIO at Merk Investments LLC. He is an expert on qualitative research and macroeconomic trends. Mr. Merk is also an expert on macro trends, hard money, international investing, and on building sustainable wealth, and he is a pioneer in the use of strategic currency investing to seek diversification. He is a speaker and author on topics ranging from the economy, gold, and currencies to sustainable wealth and personal finance, as well as a regular guest and contributor to the business media around the world. Mr. Merk is an Author of the book Sustainable Wealth: Achieve Financial Security in a Volatile World of Debt and Consumption
Axel Merk On The Fed's Sledgehammer Approach To The Economy added by Herman James on 12/07/2022View all posts by Herman James ?+'