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(1122)

The Debt Time Bomb May Soon Detonate – Ep 566

The Debt Time Bomb May Soon Detonate – Ep 566

Inflation video: https://www.youtube.com/watch?v=pwI3Nya5L9g The economy was sick long before the coronavirus. Businesses need big government to bail them out because of big government. The economy wi...

25 Apr 20201h 40min

Soon Even The Village Idiot Will be Buying Gold Stocks – Ep 565

Soon Even The Village Idiot Will be Buying Gold Stocks – Ep 565

Gold stocks a coiled spring; prices already doubled in one month. Paper gold might end up as just paper. More money for small businesses will be fraudulently claimed by big businesses. People are abou...

22 Apr 202045min

First Negative Interest Rates, Now Negative Oil Prices – Ep 564

First Negative Interest Rates, Now Negative Oil Prices – Ep 564

Oil prices collapse into the negatives. Lower oil prices are still inflationary. Gold ETFs beginning to look risky as supplies lag demand. Oil and gold may be the one-two punch that takes out the doll...

20 Apr 202043min

Government will Kill More Businesses Than it Saves – Ep 563

Government will Kill More Businesses Than it Saves – Ep 563

Optimism in market from progress toward vaccine. Wall Street showing their bias against gold stocks. Fed’s balance sheet climbing toward 7 trillion. Bailouts will kill businesses. Q&A RATE AND REVIEW...

18 Apr 20201h 36min

Self-inflicted Wounds Can Be Just as Fatal – Ep 562

Self-inflicted Wounds Can Be Just as Fatal – Ep 562

Markets rallied yesterday and surrendered it all back today. Financials did not participate in yesterday’s rally, signaling trouble ahead. Banks getting backdoor bailouts. Lenders clamping down on mor...

16 Apr 202045min

Gold Smokes Bitcoin – Ep 561

Gold Smokes Bitcoin – Ep 561

Gold hits 7 year high and is still cheaper than it’s ever been. Mining stocks even better bargain than the metals. Amazon and Netflix overvalued and waiting for bottom to drop. Don’t fight the Fed. St...

13 Apr 202054min

More QEs than Super Bowls – Ep 560

More QEs than Super Bowls – Ep 560

Another week, another multi-trillion dollar Fed program. Government spending has to be paid in either taxation or inflation and we’re about to pay for it in spades. Trump draining the whole country in...

9 Apr 202058min

Former Fed Chairs Still as Clueless as Ever – Ep 559

Former Fed Chairs Still as Clueless as Ever – Ep 559

Markets overly optimistic that the worst is behind us. Trump keeps his friends close and his enemies closer - gets Kudlow to repudiate everything he spent an entire career advocating. Fed chairs past ...

8 Apr 202056min

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