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(1097)

Jobs and Stocks Are Nothing to Brag About – Ep 589

Jobs and Stocks Are Nothing to Brag About – Ep 589

Trump disingenuous about job creation. Employment numbers should be taken with a grain of salt. The relapse has started. Gold is a coiled spring and the market is primed for a huge move up. Check out ...

3 Jul 20201h 8min

Gold Is The New Gold – Ep 588

Gold Is The New Gold – Ep 588

Air going back into the bubble is fueling Q2’s phony rally from Q1. Spectacular gains in the gold stocks eclipse the gains in the Dow, Nasdaq, and S&P. Gold breaking out and stealing the spotlight fro...

30 Jun 202059min

The V-shaped recovery narrative is falling apart – Ep 587

The V-shaped recovery narrative is falling apart – Ep 587

As I predicted, US stock market continued to be under pressure throughout the week. Financial stocks lead lower by Goldman Sachs. Companies that can’t make money need to go out of business. Betting od...

27 Jun 202055min

The Dollar Milk Shake Theory is all Wet – Ep 586

The Dollar Milk Shake Theory is all Wet – Ep 586

I’m going on the Joe Rogan Experience July 14th. I’m speaking at FreedomFest July 15th and 16th. Gold is the last safe haven left standing. Trump an even bigger underdog than he was in 2016. RATE AND...

25 Jun 202049min

During bad times, a good Fed Chair is not popular – Ep 585

During bad times, a good Fed Chair is not popular – Ep 585

Strong signs we’ve exhausted this bear market rally. Dollar and Bitcoin bottoms ready to drop from under them. Real estate sales masking underlying weakness in market. Trump is the Republican Jimmy Ca...

20 Jun 202050min

Fed buying junk bonds to reward speculators – Ep 584

Fed buying junk bonds to reward speculators – Ep 584

Powell testifies in front of the Senate. Fed beholden to Wall Street speculators. The nail is in the coffin. We are the future generation that has to pay for the Fed’s profligacy. We’re in the lull be...

17 Jun 20201h 14min

Trump damage control falls flat as stocks tank – Ep 583

Trump damage control falls flat as stocks tank – Ep 583

Wall Street sees a sea of red. Fed is stealing your purchasing power and giving it to someone else. Government should be lightening the burden it places on the economy. Trump should make big cuts in g...

11 Jun 202038min

Powell admits to Fed’s Monetary Hail Mary – Ep 582

Powell admits to Fed’s Monetary Hail Mary – Ep 582

Fed not thinking about thinking about raising interest rates. We dodged a bullet and stepped on a land mine. Fed gives green light on more stimulus. Fed creating an inflation episode for the history b...

11 Jun 20201h 7min

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