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Goldseek Nugget - David Haggith: Fed Tightening and Stagflation
David Haggith, head of The Daily Doom: www.thedailydoom.com, takes a hard look at the macro economic trends with big implications for the financial markets, including gold. We review the charts of key indexes searching for predictive structure in the data.
- David outlines the key trends in inflation and unemployment.
- We review the key lending rate themes, including the US 10 Treasury Yield - en route to 6%?
- What are the implications of soaring Treasury yields for bond and stock investors?
- Will the long-term debt rout continue and who is selling?
- Could higher yields put further downward pressure on US equities?
- David does not expect a domestic-economic, soft-landing.
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