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

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

Despite Higher GDP, U.S. Economic Data Continues to Disappoint: Episode 26
Missing expectations on all economic indicators

* Chicago Fed index .14
* PMI flash services 56.3
* Dallas Fed Manufacturing 10.5
* Case Shiller Index slows down to 4.9%
* Consumer Confidence number down to 88.7M
* Oil prices continue to fall
* Big drop in Richmond Fed 75% below estimate
* Optimism fueled by debt, consumption and bubbles

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Episoder(1120)

Deja Vu All Over Again… Again – Ep 857

Deja Vu All Over Again… Again – Ep 857

· Dubai is a world leader in economic freedom. · Financial media will ignore gold stocks until they’ve tripled. · More fraud happens under regulation than without. Go to https://shopify.com/gold fo...

26 Nov 202253min

The King of Crypto Had No Clothes – Ep 856

The King of Crypto Had No Clothes – Ep 856

· More economic data confirms we’re in a recession. · Republicans gain control of the purse strings. · Sam Bankman-Fried’s FTX was a crypto Ponzi scheme. · If you’re still holding Bitcoin, you’re the ...

18 Nov 202246min

In the Eye of the Inflation Hurricane – Ep 855

In the Eye of the Inflation Hurricane – Ep 855

· Investors being lulled into false sense of security. · More higher income shoppers turning to Walmart. · FTX dominos continue falling. · Donald Trump is running for president. Thanks Ladder. Go t...

16 Nov 202258min

Voters and Investors Keep Getting It Wrong – Ep 854

Voters and Investors Keep Getting It Wrong – Ep 854

· CPI data sends stocks and bonds soaring, while dollar tanks. · Moves of magnitude in gold suggest something significant is going on. · Junior mining stocks are in a stealth bull market. · Sweden is ...

11 Nov 202247min

The Gold Train Has Left the Station – Ep 853

The Gold Train Has Left the Station – Ep 853

· Commodities break out of their bear market corrections. · Tech stocks collapsing further. · Smart money is buying gold mining stocks. · Labor force participation rate has declined despite extra jobs...

7 Nov 202251min

Powell Pulls the Hope Out From Under the Market – Ep 852

Powell Pulls the Hope Out From Under the Market – Ep 852

· Federal Reserve raises interest rates again as expected. · Markets spooked as Jerome Powell dropped bombshells in Fed meeting. · Biden administration gets fact checked and deletes tweet. · Weakness ...

3 Nov 202232min

For Now, Bad News Is Good Again – Ep 851

For Now, Bad News Is Good Again – Ep 851

· Dow has best October in its history. · Rotation continues from growth to value stocks. · Market is priced for perfection with anything but perfect circumstances. · Inflation will never go back to 2%...

30 Okt 202258min

Fed Folds With a Soft Pivot – Ep 850

Fed Folds With a Soft Pivot – Ep 850

· Interest rates are the Achilles’ heel of this bubble economy. · Shelter costs are going up, even if housing prices are going down. · Gold will be gaining value as the dollar loses value. Go to ht...

26 Okt 202244min

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