You Will Go To The Poorhouse If You Listen To Doomsdayers, Warns Macro Millionaire Raoul Pal in Alert To Investors
Macro economic analyst Raoul Pal just issued a dire warning to investors who are sitting on the sidelines.
In a new YouTube video, the founder of Real Vision and Global Macro Investor says he believes fears of recession and rising inflation are way off the mark.
Pal says governments are beginning to inject liquidity at the right time in the business cycle, a move that’s historically fueled assets like stocks and cryptocurrencies.
“Inflation is going to keep falling. It’ll be below 2% and guess what, I think rates are coming below 2% and people don’t understand this…
Everybody says, ‘If they cut rates they’re going to bring inflation back.’ No, they’re not. They never have. Inflation will come at the end of the cycle. This is so normal.”
Pal says he believes investors are facing the “largest opportunity in all macro history” in a relatively short period of time.
“Risk assets should be doing really well, and risk assets are doing really well because, guess what, as I’ve talked about, explained to you in the ‘Everything Code,’ it’s global liquidity.
This is the time they have to roll the debts. Global liquidity is going to go up, and hey presto, it’s going up just like it did every other time…
Please don’t fall for this overly dramatic, the world is going to fall [rhetoric]. You will only go to the poor house if you listen to doomsters.”
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Author: Daily Hodl Staff