Renowned Author Raises Concerns About Potential Unraveling of Bull Market
Renowned author Larry McDonald has raised concerns about the potential unraveling of the current bull market, particularly highlighting the impact of another spike in inflation on the U.S. economy. McDonald’s warnings come at a time when the stock market has been rallying, and the U.S. economy has displayed resilience, but he emphasized that this rally is delicately balanced on factors such as the U.S. Treasury market, the oil market, and the challenges faced by regional banks. Despite signs of persistent inflation and potential turmoil in the regional bank sector, the stock market rally has continued into the first quarter of 2024. McDonald’s insights and his latest book,