Merk’s Forecast: Rate Hikes Later This Year | Axel Merk (Video)
Merk’s Forecast: Rate Hikes Later This Year | Axel Merk Video by Silver Doctors
Axel Merk from Merk Investments expects the Fed to hike rates later this year.
Merk says the Fed is still in an easing mode. This is not justified with such low unemployment. Raising rates is what’s ahead, he says.
Merk sees a risk of inflation in the future. We are in the late stages of an economic cycle. Higher inflation is common in the late stages.
When looking at investments, Merk says the most important thing is to have a strategy. Gold is the “easiest,” while not necessarily the “best,” diversifier because it has no correlation with the stock market.