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US could be heading for 'L-shaped recession'

It is likely to take several years to tackle inflation, delegates at the Precious Metals Summit in Beaver Creek, Colorado, heard last week.

Kristie Batten in Beaver Creek, Colorado
Stöferle (left) asked Hathaway how he still had a full head of hair after many years of capital markets experience

Stöferle (left) asked Hathaway how he still had a full head of hair after many years of capital markets experience

Incrementum AG managing partner and investment manager Ronald-Peter Stöferle told the forum US$50 trillion had been wiped from global markets so far this year - more than the combined GDP of the US and...

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