Welcome back to another episode of Wall Street Unplugged.
My guest this week is Joe Brusuelas, chief economist at RSM US.
On this episode, Joe talks about the recent inflationary trends and why the Federal Reserve will likely raise short-term rates in the next 60 days.[app_audio src=”http://traffic.libsyn.com/sainvestorradio/WSU20EP20420.mp3″]
He also highlights a brand new economic indicator (created by RSM) that is one of the best at predicting the overall health and outlook of the U.S. economy.
Joe then highlights the one huge risk that could derail the entire global economy. In fact, he believes there is a 50/50 chance of this risk coming to fruition over the next 45 days.
Lastly, Joe and I have a healthy debate on inflation vs. deflation – and which of these risks the Fed should be more concerned about over the next 6 to 12 months.
As always, thanks for listening and good investing. Curzio Research publishes market commentary for informational and educational purposes. The opinions expressed and market conditions when the content is published may change. It is not personalized investment advice or an offer to buy or sell securities. Investing involves risk, including possible loss of principal. Do your own research and consult a qualified investment professional before making investment decisions.
