Michael Gayed, portfolio manager of Toroso Investments, is warning of a substantial correction to the housing market, as well as potentially higher food prices. He also explained what is meant by The Phoenix, rising from the ashes. He spoke with David Lin, Anchor and Producer at Kitco News.

Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Michael Gayed on Twitter: @leadlagreport (https://twitter.com/leadlagreport)

0:00 – Treasuries and stocks
9:51 – Real estate
19:33 – Utilities and lumber
21:56 – Lumber-gold ratio
24:15 – Inflation or stagflation?
30:33 – Investment implications

#investing #realestate #stocks
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