? Please Support the Channel & Subscribe here for more: http://www.youtube.com/channel/UCZIFOCfVxLJexAKnSb2TWXg?sub_confirmation=1 Lyn Alden: Investing Around The Globe #Investing part of your #portfolio outside of your home country and into #international #stocks is an important part of diversification. #Covid19 It helps you avoid geopolitical risk associated with having all your funds in just one country, minimizes the impact of localized economic bubbles, and allows you to take advantage of areas of growth and value across the world. ?Books i Recommend & They Support The Channel ? Big Debt Crises https://amzn.to/2YBrkwn Principles: Life and Work https://amzn.to/3uXgmxn Principles for Success https://amzn.to/3Asvxjx Why Nations Succeed and Fail https://amzn.to/3j6gtlR ?Try Amazon Prime for Free: https://amzn.to/3mHwXl6 ?Try Audible plus for Free: https://amzn.to/3DsCItE #investing #stocks #entrepreneur #bitcoin #business #trader #forextrader #millionaire #cash #crypto #investment #daytrader #investor #wealth #invest #rich #billionaire #finance #daytrading #tiktok #instagram #stockmarket #wallstreet #startup #success #blockchain #work #cryptocurrency #successful #algorithm ... https://www.youtube.com/watch?v=2oqkc10gmjk

? Please Support the Channel & Subscribe here for more: http://www.youtube.com/channel/UCZIFOCfVxLJexAKnSb2TWXg?sub_confirmation=1 Dr. Lacy Hunt, is Inflation Transitory? Lacy is an economist and executive vice president of the institutional bond manager Hoisington Investment Management. He also served as senior economist with the Federal Reserve and has had prominent roles in some of the world’s largest banks. If you want someone to explain how inflation and deflation actually work, Lacy is your guy. And about that… Inflation has been in the news a lot this year. Consumer prices have risen at a 5% annual clip, which is the highest it’s been in decades. Certain factors are squeezing prices and keeping inflation elevated: Loose monetary policy and government support programs are goosing demand. COVID-19 created a supply bottleneck. The Fed says the inflation outlook is transitory. “Why,” says Lacy? You might want to pour yourself a drink for this one. Lacy Hunt Agrees With the Fed on the Inflation Outlook Lacy agrees with the Fed’s assessment that inflation will be transitory. But he has a very different take on what happens next. In the Fed’s playbook, inflation will slip back to the central bank’s preferred rate of about 2%. If it starts to dip below that bogey, they can always tinker with interest rates to get it back there. But that’s not what Lacy sees. Once the initial post-opening inflation dies down, he sees us slipping into major disinflation or even deflation. It comes down to debt. We have too much of it, and rather than spur growth, it ends up crowding it out. Debt Will Damper Any Inflation Efforts As Lacy wrote in his last quarterly client letter: The current economic growth and inflation rates of 2021 will be the highest for a very long time to come. The main obstacle to a return to sustained growth in the standard of living, extreme over-indebtedness, was dramatically worsened by the multiple rounds of fiscal stimulus, which has caused the temporary improvement in economic growth and inflation in the second quarter. The government stimulus created a short-term blip in growth and inflation. But the debt that was used to make it possible will now slow it down. As Lacy continues: No pathway out of this trap exists as long as the overreliance on debt remains the only tool of monetary and fiscal policy. The situation is no different in Japan and Europe. Thus, while long Treasury yields can increase over the short run, the fundamentals are too weak for yields to stay elevated. More debt does not cure a subpar economy mired in a debt trap. [emphasis mine] Given the above, our view is that the trend in long-term Treasury yields remains downward. #Lacyhunt #inflation #Deflation #debt #unemployment #product ... https://www.youtube.com/watch?v=pE9ZWpEm0r8