Komal Sri-Kumar, Sri-Kumar International Methods president, joins ‘Cash Movers’ to debate why a rally is forward for Treasuries and equities markets might wrestle, why the economic system hasn’t already seen a crack from the patron, and extra. For entry to reside and unique video from CNBC subscribe to CNBC PRO:
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This week fewer job openings. Did the recession just start?
Sadly, he bought too many bonds & would like us to buy more bonds to bail him out.
Finally someone who tells the truth!
I bet this guy was also saying that inflation was transitory 12 months ago too. 🙄🤡
is this guy ever right???? last two years been screaming recession…..how can he be so wrong for so long?
America is presently besieged by the hydra-headed evil combo of inflation and recession. The worst aspect about this crisis is that consumers are piling up credit card debt. Credit card debt increased by 20% in April alone, while interest rates have doubled in a year. Inflation is so severe that customers are essentially going into debt to buy basic essentials. The collapse has certainly begun.
🚯In the past 3 bidenyears, the🤑biden^wealthy corporations had been buying all single houses, biden^administration give them tax money to construct warehousesANDapartments’ buildings, the FED policy “Interest rate cuts 2024” is to keep home prices permanently high for Biden^billionaires friends to double their free money in the high price home sale and high price rent. The only problem is that normal worker earning less than 60dollars an hour cannot effort to buy a home. Worker’s hourly rate should be $60 or higher🛐
El-Erian and Tom Lee please!
Wrong a lot. But ask his opinion anyway..😂
Komal 😂😂😂
I love that commercial with Biden so much, I’m going to contribute $0.
With the market literally spiking higher and higher, no cuts are coming anytime soon.
Recession is part of the economic cycle…..it will happen….. again and again….. and bull markets will return again and again. The conversation becomes almost laughable….. timing these events are highly improbable….. and mostly projected by those that were wrong in the past.
On CNBC 2 months ago, Mr. Sri-Kumar stated, "My base case is something breaks 'in the next three months', That was a rather strong statement and CNBC would assist the viewers tremendously by reviewing this prognostication with Mr. Sri-Kamal in subsequent interviews, which has not been done.
Still waiting to find a bull from India…..
We havent seen it because of the money supply the credit expansion at all time high pumping the stock market to infinity to mask true inflation.. people don't believe it. Hyperinflation is just around the corner…..
You're spot on, buddy I’ve been using a fin-market expert for two years now and I own a 7figure diversified portfolio from investing in stocks. Currently, my portfolio is worth over $1 million .my expert Shes cooking up a strategy to hit 2 million before the end of the first quarter of the year .
Brent crude is around $83 and, should the United States and Israel have a military confrontation with Iran, Brent will spike. And if prices rise to the $130 per barrel range, it will crash economies and equity markets.
He's the "Dr. Doom" with respect to the Fed. He's been saying for six months that something in the system will fail or break…
I don't think that happened. LOL.
Mr. Kumar has been wrong a heck of a lot. Now will the market pullback in the next month, possible, but that would be normal, then it comes back, like it always does. Give me Tom Lee, he has been correct for over one year plus. Mr. Kumar wants people to go into Bonds and leave the stock market behind, not for me, especially if in the next several months we start getting interest rate cuts. I think he got stuck with having too many bonds
I think Nixon taking us off the gold standard upset markets in the 70’s