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Stock to ‘easily’ crash 20% or more as recession hits in 2023 - Adrian Day
At the Vancouver Resource Investment Conference, Adrian Day, CEO and Chairman of Adrian Day Asset Management, shares his predictions for the 2023 outlook on Fed policy, economic growth, inflation, stock markets, gold, and gold miners with Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News.
Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
0:00 - Recession in 2023
4:41 - FOMC Meeting
6:02 - Gold 'pullback'
9:08 - Fed's effect on real economy
13:31 - Stock markets
17:31 - Inflation and Fed pivot
20:39 - S&P 500 crash
21:37 - Gold forecast
23:48 - Gold portfolio allocation
24:46 - Gold miners
26:48 - What could change the forecast?
29:52 - Central bank gold buying
#gold #stocks #inflation
__________________________________________________________________
Kitco NEWS is a global news network based in Montreal, with bureaus in New York, Hong Kong, New Mexico, London and Vancouver. Since 2009, our journalists have helped investors make informed decisions through in-depth reporting, daily market updates, and interviews with key industry figures. We aim to accurately and impartially cover the economy, stock markets, commodities, cryptocurrencies, mining and metals.
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