SEISMIC INVESTMENT SHIFT Transcript 10/11/2013 #1016

November 1, 2013

CONSUELO MACK: This week on WealthTrack, with the power of the Federal Reserve behind it, Gluskin Sheff’s influential economist, David Rosenberg predicts inflation is coming. What his big call means for investors is next on Consuelo Mack WealthTrack.

 

Hello and welcome to this edition of WealthTrack, I’m Consuelo Mack. What has been one of the defining financial trends of the last three decades? We have covered it numerous times on WealthTrack, and no it’s not government shutdowns, although there have been 18 of them since 1977, including the most recent one. And it’s not the looming October 17th deadline for the federal debt ceiling limit. Congress has raised the debt limit 15 times in the last decade alone.  Probably the most significant economic development of the last 30 years has been the submission of inflation and the concomitant decline in interest rates.

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