Fed To Pivot By End Q3, Likely Sooner Predicts Analyst Luke Gromen (Part 1/2)

Wealthion, Released on 6/23/22

For Part 2 of this interview, CLICK HERE

The last time today’s guest was on the program, he made the case that the world’s largest nations, burdened by over $200 trillion worth of dollars in debt, better “get busy inflating or get busy defaulting.” Since then, many of these countries have tightened their monetary policies. Does that mean a cascade of defaults lies ahead? To find out, we welcome back macro analyst Luke Gromen to the program. We’ll also talk about the outlook for the markets, the US dollar, gold & oil, as well as the odds for a coming recession.

Luke Gromen is a graduate of the University of Cincinnati and received his MBA from Case Western Reserve University. He earned the CFA designation in 2003. Luke provides strategic consulting services for corporate executives and is the founder of The Forest For The Trees, LLC, a macro/thematic research firm catering to institutions and individuals.

Adam Taggart is the Founder of Wealthion. He is also Co-Founder and former President of Peak Prosperity. Adam is an experienced Silicon Valley internet executive and Stanford MBA. Prior to partnering with Chris Martenson (Adam was General Manager of our earlier site, ChrisMartenson.com), he was a Vice President at Yahoo!, a company he served for nine years. Before that, he did the ‘startup thing’ (mySimon.com, sold to CNET in 2001). As a fresh-faced graduate from Brown University in the early 1990s, Adam got a first-hand look at all that was broken with Wall Street as an investment banking analyst for Merrill Lynch. Most importantly, he’s a devoted husband and dad.

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