August 26, 2022 – After this week's wrap-up and focus on the market-moving comments by Fed chair Jay Powell of 'pain' ahead, which immediately led to a steep decline in the stock market, Financial Sense Wealth Management CIO Chris Puplava explains how either inflation or the stock market need to fall dramatically from current levels. Most likely, he argues, it'll be a combination of both when looking at the 'Rule of 20' and other stock market metrics.
To watch our recent webinar discussing this in-depth, see Weekly Update: Something Has to Give (video).
Also, as mentioned in today's program, click here to see the latest Conference Board update and comments regarding their widely watched leading economic indicator: US Leading Indicators (conference-board.org).
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