Billionaire hedge fund manager Paul Tudor feels inflation is worse than expected. He said it’s the biggest threat to the markets and our society. While inflation fears grow, SmartAsset has created a list of ways to beat it — one of which is investing in commodities like gold.

 

CNBC/Yun Li
Paul Tudor Jones says inflation could be worse than feared, biggest threat to markets and society

Billionaire hedge fund manager Paul Tudor Jones believes that inflation is here to stay, posing a major threat to the U.S. markets and economy.

“I think to me the No. 1 issue facing Main Street investors is inflation, and it’s pretty clear to me that inflation is not transitory,” Jones said Wednesday on CNBC’s “Squawk Box.” “It’s probably the single biggest threat to certainly financial markets and I think to society just in general.”

Jones said the trillions of dollars in fiscal and monetary stimulus is the impetus for inflation to run hotter for longer. To rescue the economy from the Covid-19 pandemic, the Federal Reserve has added more than $4 trillion to its balance sheet through its open-ended quantitative easing program, while the U.S. government has unleashed over $5 trillion in fiscal stimulus.

You can read the full story, here.

 

SmartAsset via Yahoo Finance/Mike Obel
You Can’t Ignore Inflation Any Longer: Here’s How to Beat It

Inflation is getting harder to ignore. What monetary authorities have been dismissing for months as nothing more than the economic equivalent of a passing rain shower is starting to feel like a soaker. As recently as August, the head of the U.S. central bank, Jerome Powell, was saying, in effect, “Move along folks, nothing to see here.” Even late last month the Federal Reserve’s powerful rate-setting panel attributed inflation to “largely transitory factors,” predicting that it would soon “moderately” exceed its 2% target. But the duration and the degree of inflation say otherwise. So why is this really happening and why now? It’s high time to focus on why the value of your money is declining and what you can do about it.

You can read the entire story, here.

 

CNN Business/Laura He
China’s real estate crisis could threaten growth into 2022. Beijing’s undeterred

China’s growth is seriously slowing down as the country lurches from one economic threat to another. And while some of the biggest pain points appear to be easing, an unfolding crisis in real estate is emerging as one of Beijing’s toughest challenges in the coming year.

The country’s GDP grew at its slowest pace in a year last quarter, expanding just 4.9% from a year earlier. Compared to the prior quarter, the economy grew a mere 0.2% in the July-to-September period — one of the weakest quarters since China started releasing such records in 2011.
Disruptions due to the global shipping crisis and a massive energy crunch contributed to the slowdown.

Read the full story, here.

 

 

 

 

 

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