Sean Brodrick, Editor of Wealth Megatrends, and contributing analyst to Weiss Ratings Daily, joins us to focus on the macroeconomic investment trends in motion and how they affect commodities like copper, oil, natural gas, lithium, gold and silver. We start off reviewing how inflation expectations and recent economic reports have shaped expectation for Fed rate hikes in the year to come. We dive into the bifurcation between the recession and contraction many pundits have been calling for since last year and counter-balance that against the better than expected jobs data, manufacturing data, and retail sales data. With Fed FOMC minutes due out this Wednesday, and the PCE inflation data out this Friday, it should provide more clarity as to the direction moving forward.
Another key area of discussion was around the Chinese economy and society reopening from 3 years of lockdowns, and what that may mean for demand of copper, oil, lithium, iron, steel, and many commodities. We wrap up with having Sean provide investable ideas from the energy sector where he is more bullish on dividend-paying oil companies than he is on the still struggling nat gas companies, and he reiterates the need for battery metals and many sources of energy generation for the future. As for precious metals, he is biding his time waiting for more corrective action to position on pullbacks.
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