RealVision/Larry McDonald interviews David Einhorn/2-16-2022
“The yield curve is flattening, inflation is soaring, and the Federal Reserve is preparing to embark on its first rate-hiking cycle since 2015-18. The trouble is, a path that meaningfully addresses ‘sticky’ rising producer and consumer prices could very well result in the inversion of the yield curve. And inversions typically signal recessions. At the same time, according to David Einhorn, founder and president of Greenlight Capital, it’s ‘not obvious what will get it [inflation] under control.’”
USAGOLD note: Insights from one of the biggest names in the investment business at the link above……Among the value-focused choices, Einhorn lists value stocks and hard assets. Many of you will remember that Einhorn learned about gold from his grandfather – lessons he has never forgotten.
