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A “Unique Optimist’s” Take on Higher Rates, Higher Volatility, & Higher Inflation

Published 2023-10-27, 03:53 p/m

Jim Bianco is President and Macro Strategist for Bianco Research, LLC. In this wide-ranging interview, the long-time independent researcher explains why he remains a “unique optimist” even though he believes today’s higher rate, higher volatility, and higher inflation environment isn’t going away. Jim believes the post-COVID economic and market backdrop is completely different than the 2009-2020 era, warning that those who say otherwise have their “anchoring all backwards.” He adds that today’s investors would be best served by investing like their predecessors did in the 1980s and 1990s. Back then we had higher rates, but the economy handled them just fine, and the “Peter Lynch Picking Stocks” approach worked well.

Jim goes on to discuss opportunities, risks, and trends in the stock, currency, and precious metals markets. He explains why recent challenges “set up a GREAT opportunity” in one asset class that has been hit extremely hard in 2022-2023. He discusses how many old-line industries like manufacturing, transportation, and banking/finance will be disrupted in the coming years – and how investors can capitalize.

Original Video

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