Bank of America Issues Warning of What’s To Come With Inflation Shock, and Notes That Technical Recession Is Happening (Guest: Birch Gold Representatives)
As gas prices and other items continue to grow in the face of inflation, Bank of America has warned that the worst could be just around the corner. With annual inflation rising to a staggering 8.6 percent in May (the highest it’s been in over 40 years), Michael Harnett, who serves as chief investment strategist for the group, noted that the shock from said inflation is far from over. “We’re in technical recession but just … Read more