Lacy Hunt: We’re Facing A Perfect Storm Of ‘Economic Deterioration’

Here in Part 2 of our interview with legendary economist and bond portfolio manager Dr Lacy Hunt, Lacy details out why a credit crunch is likely in process of arriving. Real bank lending has been in contraction at historically-aberrant extremes.

Lacy sees a “serious” recession as all but inevitable at this point.

Dr Hunt also shared his current outlook for US Treasury bonds.