Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom, Celente, whose motto is “think for yourself,” observes and analyzes the current events forming future trends for what they are – not for the way he wants them to be. Gerald Celente has earned his reputation as “The most trusted name in trends” by accurately forecasting hundreds of social, business, consumer, environmental, economic, political, entertainment, and technology trends.
I think Gerald is all wrong on the no recession call. The Fed always says they are in control and they will lower rates if they have to and all kinds of happy talk to prevent an uncontrolled crash, be we always get a recession anyway. Its all BS talk. They will keep rates at the current rate for almost one year then they will slowly lower them as the recession deepens. That’s my call, lets see who’s right.
Peter
4 years ago
I agree with Steve above. The Fed is NOT going to prevent a recession from happening this year or next. In fact, I believe this next one will be worse than the 2008 collapse.
I think Gerald is all wrong on the no recession call. The Fed always says they are in control and they will lower rates if they have to and all kinds of happy talk to prevent an uncontrolled crash, be we always get a recession anyway. Its all BS talk. They will keep rates at the current rate for almost one year then they will slowly lower them as the recession deepens. That’s my call, lets see who’s right.
I agree with Steve above. The Fed is NOT going to prevent a recession from happening this year or next. In fact, I believe this next one will be worse than the 2008 collapse.