Michael Burry has said that he thinks that inflation has temporarily peaked but he expects it to surge again in 2023. He believes that this will happen after the US enters a recession. This will result in the US government splurging on more stimulus spending and the Federal Reserve cutting interest rates. But is this a likely path to higher inflation, and if not, what might trigger a second spike?
This video is sponsored by Trading 212. Trading 212 provides an execution-only service. This video should not be construed as investment advice. Investments can fall and rise. Capital at risk.
💸 Get One Free Share Worth Up To £100! Create and verify a Trading 212 account, make a minimum deposit of £1 and use our promo code “RAMIN” https://www.trading212.com/promocodes/RAMIN
If you’re interested in learning more about investing then why not become a PensionCraft member? PensionCraft members can enjoy lots of benefits and to find out more about these and how to join our friendly community please click here
All information is given for educational purposes and is not financial advice. Ramin does not provide recommendations and is not responsible for investment actions taken by viewers. Figures that are quoted refer to the past and past performance is not a reliable indicator of future results.