Craig Hemke: Fed Can Save the Economy OR The Dollar
Arcadia Economics, Released on 1/26/23
While the Federal Reserve was caught off guard by the rampant inflation that it expected to be 'transitory,' and now expects that it can raise rates as quickly as it has without causing a recession, there are several analysts who disagreed, and who have so far been proven correct One such analyst is Craig Hemke, who was warning about the inflation long before it became entrenched, and has been pointing out the myriad of signs showing the contraction of the economy. And in his macrocast preview for 2023, he laid out what he expects to happen this year and why. Which he discusses in this interview, along with his predictions for gold and silver, and how he expects the silver market deficit to unfold as we watch the inventories get drained. Craig also discusses how we are seeing the supply of many of the other metals decline, why that's happening, and what it means for the overall commodity complex.
Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.
Chris Marcus worked 2 years at bond rating agency Moody's, has an MBA from Wharton, and also worked 7 years as an equity options trader for Susquehanna International Group on the American and New York Stock Exchanges, before leaving in 2012 to create Arcadia Economics. In addition to publishing Arcadia's Monthly Market Snapshot, he also currently writes market commentary for gold and silver dealer Miles Franklin, Investing.com, and several others.
Craig Hemke: Fed Can Save the Economy OR The Dollar added by Herman James on 01/25/2023View all posts by Herman James ?+'