Inflation is going to stay high: Kevin Hassett



‘The Drift’ author Kevin Hassett gives his take on whether the United States will see a recession on ‘Kudlow.’

Subscribe to Fox Business! https://bit.ly/2D9Cdse
Watch more Fox Business Video: https://video.foxbusiness.com
Watch Fox Business Network Live: http://www.foxnewsgo.com/

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

Follow Fox Business on Facebook: https://www.facebook.com/FoxBusiness
Follow Fox Business on Twitter: https://twitter.com/foxbusiness
Follow Fox Business on Instagram: https://www.instagram.com/foxbusiness

source

24 comments

  1. The most important thing that should be on everyone's mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies.

  2. The most important thing that should be on everyone's mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies.

  3. Well, the average investor struggles with when to sell or hold, as for making consistent profit even during a market crash, your best bet is having a professional guide you.

  4. Bitcoin has been a resilient and valuable asset, and it will continue to shape finance some say bitcoins performance is tied to the stock market. but I disagree! Bitcoin Unique properties make it a great hedge against inflation, regardless of the stock market. keeping up with current and strategies can help traders stay ahead of the curve and make informed decisions. it is important for beginners in trading and investing to understand the success in these fields. this gives me confidence to trade the assets and it's only a matter of time before bitcoin outperforms every other asset?

  5. !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! '' TRUMP '' 2024 1000 % ALL THE WAY !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! GOD SPEED !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  6. n light of the impending recession and the fact that inflation is still far higher than the Fed's 2% target, several of the most prominent market analysts have been expressing their views on how terrible they believe the next downturn will be and how far stocks may have to fall. I need advice on what investments to make because I'm attempting to create a portfolio for my children that will at least be $850k in value.

  7. "The function of leadership is to produce more leaders, not more followers." –Ralph Nader

  8. A perfect storm is brewing in the United States. Inflation, bank collapse, severe drought in the agricultural belt, recession, food shortages, diesel fuel and heating oil shortages, baby formula shortages, available automobile shortages and prices, the price of living place. It's all coming together and it could lead to a real disaster towards the end of this year (or sooner). With inflation currently at about 6%, my primary concern is how to maximize my savings/retirement fund of about $300k which has been sitting duck since forever with zero to no gains.

  9. Thank you! Very interesting…..I’m invested in a recession hedge trust and have decided to stay in…..

  10. ..Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places

  11. So:
    1) Recession will turn into Depression
    2) It will last 3 quarters (9 months)
    3) Inflation will continue
    Just great. Coming 18 months will be a disaster! A disaster!

  12. Thank you to our host Larry Kudlow and guest of stature Mr. Hassett. Gee! Really? Inflation will continue? Someone alert the WH.

  13. Brought to you buy your friends in the communist / Democrat party

  14. "A man can be as great as he wants to be. If you believe in yourself and have the courage, the determination, the dedication, the competitive drive and if you are willing to sacrifice the little things in life and pay the price for the things that are worthwhile, it can be done." –Vince Lombardi

  15. Maybe I’m wrong but isn’t the money supply shrinking a good thing? It seems like after the Fed shoved 7 Trillion new dollars into the system in a 2 year period which in turn causes inflation to get out of control I would think taking that money out would be a good thing.

  16. Inflation will stay high as long as democrats are in charge

  17. It always does when Democrats control the economy….and it never comes back down. They set new standards of inflation that lasts generations.

  18. The Collapse of these banks has torn into global markets, with investors ripping up their forecasts for further rises in interest rates and dumping bank stocks around the world. I'm at a crossroads deciding if to liquidate my dipping $480k stock portfolio, what’s the best way to take advantage of this bear market?

  19. To find the actual real GDP growth rate you have to subtract the inflation rate. We have been in recession for quite a while.

  20. কোন সমস্যা হলে আমি আছি

    প্রয়োজনে আমার বাহিনী নামিয়ে দিব তার বিরুদ্ধে

  21. অল ইউনিট সাবধান

    রাশিয়া কে মেরে বের করে দে ইউক্রেন থেকে

    প্রয়োজনে পারমাণবিক তুলে দে ইউক্রেন এর হাতে

    সবাই সাহায্য করবে ইউক্রেন কে

    আদেশ বহাল বিজ্ঞানী গ্রুপ এ-র প্রেসিডেন্ট
    আদেশ বহাল সব সেনার সেনা প্রেসিডেন্ট
    আদেশ বহাল রাজ্যের মালিক

  22. The United States of debts , debts and debts , financial crises always and banks collarpses Everytime said majority from the rest of the whole world in now discussions period .

  23. This guy looks like he is really happy if inflation stays high. LOL