There Are Some Dark Clouds On the Horizon

Supply and Demand imbalances are creating an environment of inflation, says Ken Moraif of Retirement Planners of America. He points out the Dow has seen record closings 25 times in 2021 so far. As long as cheap money is available, spending will continue and the growth trend will continue for the rest of 2021, he adds. He thinks over supplies can cause a recession, and thinks there are dark clouds of a potential recession in a year or so. He sees health care and technology as areas of opportunity stemming from the pandemic.

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There Are Some Dark Clouds On the Horizon

Supply and Demand imbalances are creating an environment of inflation, says Ken Moraif of Retirement Planners of America. He points out the Dow has seen record closings 25 times in 2021 so far. As long as cheap money is available, spending will continue and the growth trend will continue for the rest of 2021, he adds. He thinks over supplies can cause a recession, and thinks there are dark clouds of a potential recession in a year or so. He sees health care and technology as areas of opportunity stemming from the pandemic.