Chris Temple–Macroeconomic Movers, Outlook On US Equity Markets, Precious Metals & Critical Minerals

Chris Temple warns of a medium-term US equity pullback driven by record sovereign debt, persistent inflation, and excessive money printing, which could initially drag commodity stocks lower.

Precious metals are experiencing a corrective phase due to central bank and momentum investor selling, but Temple expects PMs to rebound faster and stronger after a market liquidity event.

Critical minerals cannot be painted with a broad brush; Temple favors uranium, fertilizers, magnesium, tungsten, titanium, copper, and zinc over lithium, cobalt, and nickel.