Lyn Alden spoke about economic trends and inflation at the Bitcoin 2022 Conference in Miami. She also conveyed her golden comments. Lyn Alden Investment Strategy is an investment research firm for retail and institutional investors. Here are Lyn Alden’s comments…
Lyn Alden shared his thoughts on the market
Lyn Alden, Founder of Lyn Alden Investment Strategy, said, “Our high national debt, super high inflation and a possible recession that could turn into a crisis It looks like the USA is currently at war because of it. Like wartime finance. While the United States is not at war with Russia, proxy and financial wars are taking place. “There are supply chain and commodity wars and a real kinetic war,” he said.
Alden, the only time in US history we’ve seen large amounts of national debt like it is now was during World War II in the 1940s. He said it was during WWII. In terms of further rate hikes for the year, Alden discussed how high he believes the Federal Reserve can go. “The Fed could keep raising rates until something breaks,” Alden said. Going back, I’ve been on the inflation side for a few years now. However, I am still amazed at the rate of inflation we have achieved. “When you add a war to the mix that isn’t at this time or scale for me or many people, it adds an inflationary power to it.”
Gold and BTC are preferred for inflation
Alden, regarding what should be done to reduce inflation, “Inflationary pressures are deep. Given how high debt levels are, I don’t think the Fed has the tools to properly fight inflation. It’s more of a financial issue and more of how we structure supply chains,” said
Alden discussed his inflationary outlook and which markets he prefers. In this inflationary environment, Alden stated that he is optimistic about Latin America, gold and Bitcoin. “I love commodity-oriented and valuable stock space,” Alden said. For example, in this recent market turbulence, healthcare stocks are doing well. We’ve seen energy pipelines work well because they’re less tied to energy prices. I love real and valuable assets.”,
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