Why The Economy Is Facing A Debt Bubble

Reality is setting in after the January relief rally, says Ed Siddell. He evaluates where markets stand in 2023. He notes that the economy and markets are facing a debt bubble. He also goes over how the Fed's 2% inflation target rate is unrealistic with the 100-year average near 3.25%, and if they don't adjust, it could break the economy. He then goes over some investment strategies in a high-inflation environment. He talks about the case for the energy sector, highlighting the Energy Select Sector SPDR Fund (XLE). Tune in to find out more about the stock market today.