Speaking on CNBC

  • Inflation is higher now than it was 2 years ago
  • Commodities late cycle commodities always rally. That is his best trade now.
  • Most investors are underweighted in commodites
  • Expects the dollar to continue to move lower
  • We don't see a recession on the horizon
  • I expect the Fed to raise rates 3 times in 2018
  • The Fed will probably make a policy mistake
  • Certainly think there will be a recession in a years time