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January 21, 2022 | China’s Economic Problems Could Be Spreading
Bob Hoye
Bob Hoye has been in investment business for some 50 years, making him one of the more experienced researchers. His historical work has been thorough providing the first recognition of the fascinating transition from speculation in commodities to speculation in financial assets. It was controversial when Bob observed that “No matter how much the Fed prints, stocks will outperform commodities”. In January 2000, the research team concluded that the Dot-Com Bubble would peak in March 2000. In early 2007, the team outlined that the credit markets would reverse in May-June 2007. They did and the stock market followed. The latest was the call in early October for the Bitcoin Bubble to complete in December. Bob’s essays and speeches on political change and on actual climate change have been widely circulated.
How will Gold and Gold Miners do in a market downturn?
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Bob Hoye Archives January 21st, 2022
Posted In: HoweStreet.com Radio
Hello Bob and Jim. It seems like the emerging narrative in the financial media is that the Fed wants the markets to correct, with estimates of either 10% or 20%, via the use of QT and higher short term rates. The narrative asserts that this will cap inflation and force the working class back to work. Once accomplished, the narrative goes, the Fed can turn on the printing press again and restart “the wealth effect”, via “trickle down economics”, to reignite consumer spending so as to foster economic growth. Bob, is this approach based in credible financial theory and what are the odds that this approach can work going forward? A second question for Bob. At what point are the markets in the overall “topping process” and is now the time to start “shorting the rallies” instead of “buying the dips”?