Bill Fleckenstein: The Bond Market Is Taking Away The Fed’s Printing Press

From a macro standpoint, the storm clouds of inflation, recession & layoffs appear to be multiplying in number and darkening in intensity.

But the markets seem to see only sunny skies. The NASDAQ enjoyed its best quarterly gain since 2020.

Which outlook is more correct?

To help us find out, as investors have a lot riding on the answer, we have the good fortunate of speaking with investor and analyst Bill Fleckenstein of Fleckenstein Capital.