As the S&P 500 returns to its all-time highs Most stock markets shrugged off inflation and Omicron worries.
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But according to Robert Kiyosaki, author of Rich Dad Poor Dad, danger lurks.In an interview with Stansberry Research earlier this week,
Kiyosaki pointed out that the euro's yield curve has been reversed. (Lower maturity debt has higher returns than longer maturity debt.)
This means that the former means "Some bad things are going on.Followed by Lehman Brothers, followed by COVID," he said.It certainly wasn't the first time Kiyosaki had sounded the alarm. In September,
he told Kitco News that the “biggest mistake in world history” would happen in October.But the author did not back away from his vulgar stance. from inflation vs.