In his testimony in early December, U.S. Federal Reserve Chair Jerome Powell admitted it is “probably a good time to retire” the Fed’s characterization of inflation as “transitory”—up, until that time, Powell described inflation as temporary. Today’s guest explains what happens when the Fed “takes away the crutches.”
Gerald Celente, the Founder/Director of the Trends Research Institute and publisher of the weekly Trends Journal magazine says, “When interest rates go up, the cheap money flow stops, the economy is going to go down, and the equity markets are going to crash.”
In this episode, Gerald shares his 2022 Outlook for:
Host Robert Kiyosaki and guest Gerald Celente discuss what trends you should be watching in 2022 and how current events both locally and globally will affect your investments.
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