GDP & Stocks Down + Inflation Up = Recession – Ep 805
· NASDAQ has worst first 4 months since 1971. · S&P has worst first 4 months since 1939. · FANG stocks enter bear market. ·
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· NASDAQ has worst first 4 months since 1971. · S&P has worst first 4 months since 1939. · FANG stocks enter bear market. ·
Podcast: Download
· Mortgage are rates too high for anyone to refinance for better rates. · Markets rally on horrific economic news. · Russia ranks higher than
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· Elon Musk buys Twitter. · NASDAQ has weakest day since September of 2020. · Indonesia bans palm oil exports. · Bad politics are good
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· Jerome Powell triggers market selloff after IMF roundtable comments. · Higher inflation is lowering the minimum wage’s barrier of entry. · Bill Ackman loses
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You can’t have normal interest rates unless you have normal inflation. Politicians are pandering to crypto enthusiasts. Peter Thiel delivers pie in the sky speech
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Bond market continues getting beaten up. Lael Brainard spooks the markets with sudden hawk talk. When you live in a glass White House, don’t throw
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Fools bought the dip in March. Don’t wait to sell in May and go away. Cathie Wood turns down debate invitation. Meme stocks pumped, peaked,
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Japanese will pay higher taxes, officially or through inflation. All bonds, not just treasuries, will fall in price. Biden calls for new wealth tax. https://media.blubrry.com/schiffradio/dts.podtrac.com/redirect.mp3/api.podcache.net/episodes/52b71a74-088c-42fc-9e7a-a33239d45fe1/stream.mp3Podcast:
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Bond market has worst quarter since 1980. Recession will not take care of inflation. Mortgage rates will double far sooner than income. Gold stocks outperforming
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Russian stock market loses big. Gold’s bullish story strengthens. Sanctions will have ramifications beyond Russian borders. Joe Biden does a premature victory dance. https://media.blubrry.com/schiffradio/dts.podtrac.com/redirect.mp3/api.podcache.net/episodes/e0347bf0-fe7f-4fa8-8158-342df49ad239/stream.mp3Podcast: Download
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