December 16, 2022 | Will Fed Cause Recession to Cure Inflation?
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.
Black Friday, Santa Claus Rally, Quality Wine
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Bob Hoye Archives December 16th, 2022
Posted In: HoweStreet.com Radio
Hello Jim and Bob and happy holidays and thanks so much for the insightful podcasts this year as in past years. My questions for Bob. When will it be time to go long the USD? I have been surprised over the USD’s recent rapid decline given the faltering equity markets. Also, where is the Christmas rally? If there is no rally this year, then where will Santa find all the coal to put into the stockings of all those leveraged equity accounts given the ban on fossil fuels? Or is Santa’s elves at the Federal Reserve just a bit behind in depositing candy canes into the stockings of leveraged accounts so as to provide the markets with one last “sugar high” this year? Bob, where’s Santa?