Markets Will Correct Heavily – Alasdair Macleod

Finance and economic expert Alasdair Macleod says watch interest rates and the U.S. dollar set the direction for the markets in 2021. Macleod explains, “You can see how, through interest rates, the future of the dollar is actually tied to the future of financial asset markets. If you get a pop in the bubble, and there is no doubt equity prices are wildly overvalued compared to the economic outlook. . . . Quite honestly, there is no alternative but for markets to correct very, very heavily. When that happens, you are going to have portfolio outflows out of the dollar. . . . The effect of that will be to take the dollar down along with financial asset prices. . . . We can get the collapse of the dollar happening very, very rapidly.”

Macleod says the money printing we are seeing now globally is on a scale and pace never seen in world history, and at the center of it all, is the U.S. and the new administration in Washington, D.C. Macleod says, “From last March until today, we can see a total of $8 trillion worth of QE (money printing) required to pay for all the programs, and that includes Biden’s

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