Gregory Mannarino, a well-known stock trader and analyst, has recently made a bold prediction: we should expect a new or worsening crisis, accompanied by new record highs for the stock market. This statement may seem counterintuitive, but Mannarino has a track record of making accurate market calls, which makes it worth examining his prediction more closely. First, it’s important to understand Mannarino’s perspective on the current state of the stock market. He sees the market as being artificially propped up by the Federal Reserve’s loose monetary policies, including low interest rates and quantitative easing. These policies have created an environment…
Economy / Finance
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