There's a belief among certain economists – and the wider population – that
if the government takes a more active role in the economy, the social outcome
can be improved. Dr. Lacy Hunt, executive VP of Hoisington Investment Management
Company (HIMCO), says it's a false belief… and he has proof to back it up.
An unprecedented buildup of debt, he shows, can only lead to one outcome: a
drop in Americans' standard of living.
Many investors are so shell-shocked by the ongoing government meddling,
cronyism and financial scandals that they have turned to "investments" with
negative real interest rates. You can do much better than that – even in
times of crisis. Listen to Lacy Hunt and 27 other renowned experts to find
out where the opportunities lie in today's politicized economy. Click
for more details.
Lacy Hunt is the executive vice president of Hoisington Investment
Management, a firm with over $5.8 billion under management, and one of the
nation's top-performing bond managers. Lacy's work has been published in Barron's, Wall
Street Journal, New York Times, Journal of Finance, the Financial
Analysts Journal, and the Journal of Portfolio Management. Previously
he was the chief economist for the HSBC Group, one of the world's largest banks,
and the senior economist for the Dallas Fed.
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to meet your personal financial situation. The opinions expressed herein are
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herein may become outdated and there is no obligation to update any such information.
Doug Casey, entities in which he has an interest, employees, officers, family,
and associates may from time to time have positions in the securities or commodities
covered in these publications. Corporate policies are in effect that attempt
to avoid potential conflicts of interest, and resolve conflicts of interest
that do arise in a timely fashion. No portion of this web site may be extracted
or reproduced without permission of the publisher.
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