Jim Bianco on Alpha Trader Podcast "A Market Destined To Go Higher" - 6/23/2020

To request a free trial of Bianco Research please follow: https://www.biancoresearch.com/free-trial/?source=yt

The size of the equity bounce and the Fed's doubling down on what was already massive action took Bianco by surprise, and last week he made news by fully embracing the bull market. Bianco suggests that the Fed's action so far leave no doubt it will eventually purchase stocks, should the need arise.

The result to all this may be rising inflation in 2021 and beyond. That doesn't mean it's necessarily a good idea to buy gold as the rise of ETFs mean the yellow metal has been financialized. The same might be said about Bitcoin.