Everyone Has This SO WRONG About The Market | Kevin O'Leary

Everyone Has Got This SO WRONG About The Market | Kevin O'Leary

In a 45-minute interview with Blockworks, Kevin O’Leary discussed his current portfolio and the current state of the overall macroeconomic environment. Inflation in the United States is climbing at its fastest rate in over 40 years, driving up the costs of everything from groceries to used cars, and it could get worse before it gets better, experts say. Central banks are scheduled to raise interest rates, stoking recession fears in financial markets -- worries that are being compounded by the impact of aggressive coronavirus lockdowns in China and the war in Ukraine. European energy prices are rising and pundits are suggesting that policy changes in America will be determined by global economic changes. While the headlines are suggesting a bleak outlook for the global economy and stalking heads are calling for a recession, Kevin has a different point of view. Being involved in multiple companies across multiple sectors, Kevin believes that everyone is wrong about the economy and his balance sheets support his view. Kevin also revealed the best crypto to buy in his opinion, according to the current cryptocurrency prices. Bat crypto and etf crypto weren't discussed, but Kevin is interested in polygon, ethereum, helium, and others.