“It really looks like we can get a soft landing,” says Chris Versace, Chief Investment Officer of Tematica Research. In an interview with Daniela Cambone, Versace shares his views on the S&P, U.S. dollar, gold, and the upcoming U.S. presidential election. He attributes the mounting credit card debt and records of student loan payments as factors contributing to a slower economy. “Do we get to a recession? Hard to say. It could sure feel like a recession for a lot of people,” says Versace. Additionally, he remains positive about the U.S. dollar and predicts continued strengthening. Given the geopolitical uncertainties we’re facing now, Versace points out that gold will consolidate. “I think it’s gonna be a good year for gold. I think we could see another mid, maybe upper single-digit increase,” he concludes.
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