WallStForMainSt: Michael Gayed: Expect A Prolonged Bear Market With Few Safe Havens Even When Fed Rate Hikes End
Jason Burack of Wall St for Main St interviewed first time guest, money manager and CFA Michael A Gayed of the Lead Lag Report https://www.leadlagreport.com/
Follow Michael on Twitter here: https://twitter.com/leadlagreport
During this 40+ minute interview Michael talks about how he believes that the Fed ending rate hikes and then doing a 180* and reducing rates will not stop a prolonged bear market in US stocks.
Michael thinks that US Treasuries and gold will probably be 2 of the few safe havens to ride out the storm.
Jason also asks Michael about how professional money managers are dealing with risk in their crazy environment and why large pools of capital that institutional investors manage do not own any or buy any gold.
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