What happens when the monetary and fiscal engines run too hot? This is the question that Larry McDonald, New York Times bestselling author and founder of the Bear Traps Report, explores with Real Vision CEO, Raoul Pal. McDonald and Pal start by analyzing the valuations of high-flying tech stocks and discuss whether they will continue to soar or make an early landing. The pair then examine in detail the remarkable price action seen over the past few months in commodities such as precious metals, lumber, and natural gas. McDonald compiles this appreciation as evidence to explore his thesis that excessive stimulus could serve as a "cobra effect" to augur a hyperinflationary economic collapse.
CNBC’s Kelly Evans discusses whether Washington, D.C.’s gridlock on fiscal stimulus amid the pandemic will impact Wall Street as well as Main Street, with Larry McDonald of The Bear Traps Report and Patrick Chovanec of Silvercrest Asset Management
Larry McDonald, Bear Traps founder, warns of a serious correction coming in the Nasdaq. With CNBC’s Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman and Dan Nathan.
Larry McDonald is the founder and editor of The Bear Traps Report, an independent Macro Research Platform focusing on global political and systemic risk with actionable trade ideas, working in cooperation with ACG Analytics, Inc based in New York City.
Larry McDonald, editor of the Bear Traps Report, talks silver, precious metals and U.S. equities.