Government Creates Problems. Its Solutions Make Them Worse – Ep 737
* Markets rally on news of Merck Covid pill. * Drug efficacy should be left to the market, not the government. * FDA sacrifices human beings like lab rats. * Ray Dalio chooses gold over Bitcoin....
2 Okt 20211h 1min
Powell Sings a Different Tune – Ep 736
* Political theater plays out over the debt ceiling. * US was biggest gainer from low interest rates, but will be biggest losers when rates are high. * IRS continues its attack on lower and middle...
1 Okt 202154min
Inflation Talk Tanks Markets – Ep 735
* Fed has become an arm of the US Treasury. * Powell admits inflation problem is bigger and worse than he predicted. * Investors rush back into energy stocks. * Natural gas prices hit multi-year...
29 Sep 202156min
Taper Already Priced In. Now What? – Ep 734
* Less dovish is not hawkish. * Mother of all bear markets in bonds may have just begun. * Republicans only care about deficits and spending when Democrats are in charge. * Plans for minting $1 ...
25 Sep 20211h 7min
The Fed That Cried Taper – Ep 733
* Fed says the economy is great, but they will maintain the emergency policies they put in place when the economy was terrible. * Fed will always choose to fight unemployment over #inflation. * Fe...
23 Sep 202145min
Paying More, but Buying Less – Ep 732
* China won’t let Evergrande be the next Lehman Brothers. * Fed took us 1 step forward and 100 steps back. * Higher retail sales doesn’t mean consumers are buying more. * Americans are least lik...
18 Sep 202154min
When There’s Too Much Money, There’s Never Enough Stuff – Ep 731
* Take the CPI numbers with a grain of salt. * The CPI will catch up to the PPI. * Fed’s new definition of transitory means a permanent reduction in standard of living. * The problem isn’t a sho...
15 Sep 202157min
Government Is Consistent; It Always Lies – Ep 730
* Producer Price Index numbers come in higher than expected for 9th month in a row. * Inflation trends show no sign of being transitory. * When you properly define inflation, you know exactly who’...
11 Sep 20211h 6min
