Sean Brodrick, Editor of Wealth Megatrends, and contributing analyst to Weiss Ratings Daily, joins us to share his thoughts on where we are in the macroeconomic landscape, and how that is filtering down into commodities like gold, oil, nat gas, lithium, and uranium.
We start off discussing the divergence from what the Fed has been messaging as far as more rate hikes to keep fighting inflation, versus the market expectations of the rate hikes being mostly done and starting to discount multiple rate cuts for 100 basis point cut by year-end. Sean believes the reality is likely somewhere in the middle of these two outlooks, and points out that there are other things driving the commodities sector like the Chinese reopening and policies around energy.
Overall he remains bullish on gold and the precious metals mining stocks, as well as oil stocks and lithium stocks, but is still not interested in natural gas stocks or uranium stocks until we see more catalysts and traction in both sectors.
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Click here to visit the Weiss Ratings Daily website to follow along with Sean’s market outlook.
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Sean Brodrick will be speaking at the Las Vegas Money Show April 24–26, and sharing his best investment ideas for gold, silver, tech and more. Make your reservations now and you can get your pass at a discount
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