Cash Is Critical, Equity Markets Have Hit Their High | Peter Grandich

Sen. Joe Manchin (D) of West Virginia, "is a man of real integrity," says Peter Grandich, founder of Peter Grandich & Company, commending the senator for sticking to principles amid real inflation. "Cash is critical, I believe we’ve seen the highs in the general equity market," he tells our Daniela Cambone in this edition of Outlook 2022: The Tipping Point. "Interest rates minus inflation," is the key for gold Grandich continues, saying "they’re at unbelievable levels." He concludes that, "we’re going to hit some traffic circles in 2022," and advocates for cash and gold because, "it’s not about how much you make, it’s about how much you don’t lose."