How this bull market could unravel and what to watch for, according to Larry McDonald
Publishing timestamp: 2024-03-28 12:55:19
Summary
Larry McDonald warns that another spike in inflation, particularly in oil prices, could have major repercussions on the U.S. economy, potentially pushing it into recession. Despite the recent stock market rally, there are underlying risks in the market related to inflation, regional banks, and oil production. Janet Yellen's actions in the U.S. Treasury market are helping to keep long-term rates stable, but a spike in oil prices could change that. McDonald's new book "How to Listen When Markets Speak" discusses these risks in detail.
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Keywords: business news, breaking news: markets, economic events, investment strategy, markets, united states, dow jones industrial average,