Robert Kiyosaki says that hot inflation will ‘wipe out 50% of the US population’ — here’s what he means by that and how to protect yourself

Reuters

Bruised U.S. stock investors brace for more pain in second half of 2022

The S&P 500 is down around 18% year-to-date, on track for its worst first half of any year since 1970, according to S&P Dow Jones Indices, as the Fed tightens monetary policy in its fight against the highest inflation in decades. With investor expectations fluctuating between continued high inflation and an economic downturn caused by a hawkish Fed, few believe the market’s volatility will dissipate anytime soon. “We don’t expect the choppiness and volatility we’ve seen over the first half of the year to subside,” said Timothy Braude, global head of OCIO at Goldman Sachs Asset Management.