Episode 5: Larry McDonald – The Bear Traps Report
“Moving from that uni-polar world – low inflation, low bond yields – to that multi-polar global economy – more global conflicts, higher debt levels, higher interest costs – you get that great rotation out of what we call financial assets, paper certificates, into companies that control hard assets”
– Larry McDonald
When it come to disrupted markets, there aren’t many financial thinkers more relevant than Larry McDonald. A former Lehman Brothers VP, this author of “How to Listen When Markets Speak”, founder of the economic research platform “The Bear Traps Report”, and multi-decade financial veteran knows first hand what happens when we ignore the flashing warning signs before collapse.