‘There’s no way the stock market goes up this year — it probably goes down pretty aggressively.” – Kyle Bass

MarketWatch/Mark DeCambre/1-13-2022

“Don’t expect stock-market gains in 2022 if the Federal Reserve sticks to its guns on rate hikes and tightening overall financial conditions, says Kyle Bass, founder and chief investment officer of Hayman Capital Management.”

USAGOLD note: Bass goes on to say that the Fed will be forced to back off its hawkish stance when stocks begin to decline “aggressively.”