Stock Market Outlook: Credit Crunch Coming, to Spark 12% Stock Decline
Inflation and higher interest rates aren’t going away, veteran strategist Bill Blain says. Blain, the principal of Wind Shift Capital, thinks global inflation is entrenched and rates can’t come down much more. Higher rates could crush speculative investments, driving a 12% decline in stocks, he said. Thanks for signing up! Access your favorite topics in…