Larry McDonald, founder and editor of the Bear Traps Report, and Peter Boockvar, chief investment officer at Bleakley Advisory Group, join CNBC’s ‘Squawk Box’ to break down their outlooks for inflation. - June 10, 2022
Jun. 09, 2022 - 7:16 - The Bear Traps Report founder and editor Larry McDonald discusses the Federal Reserve’s interest rate hikes and reacts to the jobless claims report on ‘Mornings with Maria.’
Larry McDonald, founder of The Bear Traps Report and author of “A Colossal Failure Of Common Sense,” thinks that those who take the Federal Reserve at its word are making a serious error. McDonald wastes little time to argue that the Federal Reserve’s assurances that it will tighten monetary policy (by raising rates and reducing its balance sheet) amount to little more than a “sham”: a series of promises that it can never keep, because doing so would plunge the United States into a deep recession. McDonald explains that, while he does not expect the S&P 500 to reach a new high for several years, he is anticipating a sharp rally in risk assets as the Federal Reserve tones down its hawkish rhetoric and abandons the most extreme of its measures to moderate inflation. McDonald argues that this supportive liquidity environment will drag the U.S. Dollar down and give an even greater lift to the ongoing bull market in energy as well as other hard assets such as gold. Filmed on May 31, 2022.
The Bear Traps Report founder and editor Larry McDonald weighs in on the March PCE price index and inflation. During an interview on "Mornings with Maria" expert Larry McDonald reacted to the March 2022 PCE price index, saying that U.S. inflation is a cause for concern if it normalizes at a higher rate around 4 or 5%. - April 29, 2022
Larry McDonald, editor of the Bear Traps Report, says with a very unusual period with a pandemic and a war back-to-back, investors have to change their entire asset allocation model. THU, MAR 17 20226:56 AM EDT