There is a high likelihood of a hard landing, says Bob Elliott. He discusses the Fed's inflation fight. He talks about how this hard landing is bad for stocks and probably bonds. He notes that hedge funds are positioned very conservatively, most are net short equities and long some international equities. He then goes over reasons to add gold (/GC) to a portfolio. Finally, he goes over the outlook for future earnings seasons. Tune in to find out more about the stock market today.
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