Business

‘We’re in a very unusual situation’: A 48-year market vet breaks down why stocks are hurtling towards an 80% drop this year — and says gold will soar to $2,500 as soon as Q2

Stocks seem to be at a fork in the road. After hitting fresh highs in mid-February, they’ve balked at rising interest rates as another stimulus package stokes further inflation fears, and increasing vaccination rates give hope of a full economic reopening in the near future. With valuations still …

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