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Inflation Is Back, Treasury Bond Yields Are Falling, Prepare for MMT | Louis Navellier
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3 years ago
16
The Fed and Treasury Department has dug a hole they cannot escape. Essentially, we followed Europe and are now conducting Modern Monetary Theory (MMT), which is unlimited money printing. With a $30 trillion federal deficit and the interest burden now greater than the Defense Department budget, the Fed is in a conundrum. The net result will be low-interest rates for the rest of our lifetimes and eventually negative interest rates, just like Europe. Inflation has spun out of control and growth stocks will be a great oasis, as is residential real estate. Louis Navellier will reveal his best dividend growth stocks and other stocks that should be great inflation hedges.
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