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75% Probability of Recession, Trump Could Be a One-Term President, Says Frank Holmes

May 31, 2019 – Ryan Puplava joins the program to explain what moved the markets this week. Then he interviews Bloomberg’s Chief Equity Strategist Gina Martin Adams who discusses commodities, high yields, bonds and treasury spreads. She points to U.S. stocks as your best defense when it comes to equities and says trade policy is the latest contributor of volatility to the equity market. She explains what oil prices are telling us and offers some sage advice for investors. Jim Puplava speaks to Frank Holmes, CEO of U.S. Global Investors, who says there’s a high probability of recession unless President Trump reverses course. Holmes posits if that doesn’t happen, he could be a one-term president. He also explains why the trade war is an indirect tax on U.S. citizens. See below for links referenced in today’s interview:

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