The Risk of ‘Deep Recession’ Is Very High and a Second Wave of Inflation Is Coming: Simon Hunt

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Simon Hunt, Founder of Simon Hunt Strategic Services, who shares a cautious economic outlook. Hunt suggests that the United States and other G7 countries may face a potential recession as early as this fall, leading to a complete reversal of the synchronized global monetary policy tightening. In addition, he anticipates an escalation of the war in Ukraine and a second wave of inflation impacting the US in 2024. Hunt advises investors to be prepared for challenging times ahead, emphasizing the importance of readiness for potential adversity.