Lacy Hunt: We’re Facing A Perfect Storm Of ‘Economic Deterioration’
Here in Part 2 of our interview with legendary economist and bond portfolio manager Dr Lacy Hunt, Lacy details out why a credit crunch is likely in process of arriving. Real bank lending has been in contraction at historically-aberrant extremes.
Lacy sees a “serious” recession as all but inevitable at this point.
Dr Hunt also shared his current outlook for US Treasury bonds.
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