Here’s an alternative perspective for you. Richard Hastings, consumer strategist at Global Hunter Securities LLC says gasoline prices won’t cause a consumer led recession. He believes the job’s market is strong enough to offset the rise in prices and that consumers will be able to stomach the surge in gasoline prices.
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.