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Coy Wells

Market Insider: June 18, 2024

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U.S. Money Reserve

Jun 18, 2024

Recent economic data, from job openings to GDP, point toward a possible contraction in our economy.

U.S. growth expectations have crashed in the wake of recent weaker-than-expected data. As GDP growth disintegrates, equity investors should be worried…that recession might yet arrive after all.”

—Albert Edwards, Société Générale’s Chief Global Strategist

Is an economic slowdown a natural part of the Federal Reserve’s fight against inflation, or could it be the first step toward a new recession?

Click on the video link below for exclusive insights on this topic from U.S. Money Reserve’s Coy Wells.

Related headlines from around the web:

  • The Wall Street Journal: “The Fed Might Soon Have to Worry About More Than Just Inflation”
  • Fox Business: “Economy is slowing much faster than the Fed expected: Mohamed El-Erian”
  • CNBC: “Gold is getting harder to find as miners struggle to excavate more, World Gold Council says”

Enhance your portfolio with precious metals today.

Widespread market forces like central bank demand, geopolitical tensions, and monetary policy may continue to drive gold prices higher. Gold has also historically been used as a hedge against economic uncertainty and market turbulence. Now may be the perfect time to add wealth protection to your portfolio in the form of physical gold.

Watch U.S. Money Reserve’s “Market Insider” each week for more economic insights. Nothing herein should be considered as portfolio or retirement advice as U.S. Money Reserve (“USMR”) cannot and does not offer financial advice. Clients should consult a financial advisor for specific advice. This commentary is provided by USMR for informational purposes only and is provided on an “as is” basis without any warranty of any kind, whether express or implied. Your use of the information provided in this commentary is entirely at your own risk. In no event will USMR be held liable for any indirect, special, incidental, or consequential damages arising from the use of information contained in this commentary.

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