Housekeeping: Good afternoon. Hartnett’s Weekly report is presented 3 ways: 1) Video walk-through with commentary 2) Hartnett’s main points broken out below, 3) and original format at bottom. Enjoy.
“The risk to US exceptionalism…is a 2nd wave of inflation forces Fed hikes, [and/or] change in Fed leadership, [and/or] Treasury yield spike to 6%... US dollar overshoot smacks US EPS, yields cause consumer delinquencies/recession & liquidation of stocks/crypto…best play = gold to $3333.”
-Hartnett
Key time Stamps:
0:00- Intro
18:38- Hartnett’s BIG playbook
24:00- Hartnett’s Timeline translated
27:25- Stocks likely to move 25% this year, but which way?
31:00- Hartnett on what causes $3,333 Gold
39:08- Greenland and the Arctic
43:51- Comment: How Gold Gets to $3,333++ for GoldFix
Hartnett: The 6th Year
Scores on the Doors: oil 3.5%, gold 1.9%, commodities 0.7%, US dollar 0.6%, stocks 0.6%, cash 0.1%, HY bonds 0.1%, crypto -0.2%, IG bonds -0.7%, govt bonds -1.0% YTD.
