Despite Higher GDP, U.S. Economic Data Continues to Disappoint: Episode 26

· Stock market has its biggest crash since 2020 covid lockdowns. · Food prices see biggest year over year increase since 1979. · Bitcoin gets smoked. · Fed needs to make some hard political decisions ...

14 Syys 202239min

· ECB hikes rates as Europe’s inflation outpaces the U.S. · Powell admits we’re on an unsustainable fiscal path. · The Fed is not a friend of the public. It’s the enemy. · U.K. government will make th...

11 Syys 20221h 4min

· Inflation’s day of reckoning can’t be postponed much longer. · Markets show risk of a Black Tuesday. · More Bitcoin sellers above $20k than buyers below it. · Gold bucking the downtrend in stocks. ·...

4 Syys 202258min

· Consumers have misplaced confidence. · Job hirings shrink as job openings grow. · Jeremy Siegel, Becky Quick, and Joe Biden compete for most ridiculous inflation comment. · Los Angeles liberals’ vir...

31 Elo 202242min

· Jerome Powell no longer believes the economy will have a soft landing. · Joe Biden is creating severe moral hazards with student loan forgiveness. · Most unsold new homes on the market since afterma...

28 Elo 20221h 3min

· 4-week winning streak for S&P comes to an end. · Investors chasing momentum. · Not-as-weak is the new strong. · Mortgage applications at their lowest since aftermath of dot com bubble. Thanks Ray...

21 Elo 202257min

· NASDAQ loses steam. · Rising gold and silver propels mining stocks. · Food prices increased faster than any month since 1979. · Consumer sentiment among Democrats tumbled to a two-year low. · The Jo...

14 Elo 202252min

· Wall Street parties on CPI data release. · Minimum wage is bad economics. · Democrats prepare to shakedown the middle class while protecting the billionaires and millionaires. Get an extra 3 mont...

11 Elo 202244min