Podcast appearances and mentions of dennis gartman

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio. In this episode, we feature conversations with Dennis Gartman and Ian Lyngen, and a special appearance from Frances Donald. Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACFSee omnystudio.com/listener for privacy information.

Friend of the show Dennis fills in for Brian (recently incarcerated, thoughts and prayers) to discuss the rejuvenated Bucks, Alpie's big night against Wemby, Caitlyn Clark, and much more.

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene and Paul SweeneyMonday January 29th, 2024Featuring: Chris Harvey, Wells Fargo Securities Head of Equity Strategy on markets Greg Valliere, AGF Investments Chief U.S. Policy Strategist Dennis Gartman, Dennis Gartman, University of Akron Endowment Chairman & former publisher of The Gartman Letter on markets Lisa Mateo, Bloomberg News reporter Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

On today's podcast: 1) Iran dispatched a warship to the Red Sea after the US Navy destroyed three Houthi boats, a move that risks ratcheting up tensions and complicates Washington's goal of securing a waterway that's vital to global trade. 2) If the consensus on Wall Street is often wrong — and evidence from 2023 does little to dispel that notion — then in the year ahead investors are facing either the mother of all rallies or a selloff for the ages. 3) ASML Holding canceled shipments of some of its machines to China at the request of US President Joe Biden's administration, weeks before export bans on the high-end chipmaking equipment came into effect, people familiar with the matter said. Full Transcript: Good morning. I maybe Morris and I'm Karen Moscow. Here are the stories we're following today. We begin with oil rising to start the new year, Iran sending a warship to the Red Sea in an escalation of tensions in the region. The show of force comes after the US Navy destroyed three Hoothy boats which we're attempting to board a container on New Year's Day. Elizabeth Kendall is a Middle East specialist from Cambridge University and says the two are clearly interlinked. Aaron is puppeteering Hamas, the Hoothy's and other movements like Hezbollah in the Middle East, and the houthy slogan indeed includes the words death to Israel and a curse on the Jews, so it's very much aligned with Hamas's more militant and extreme war wing. Cambridge University's Elizabeth Kendall checking oil right now, Nie makes crude oil up more than two percent or a dollar forty nine now trading at seventy three dollars and thirteen cents a bit. Well, Amy, oil isn't the only thing on the move this morning. We're also seeing Bitcoin on the rise, following through on last year's massive rally, and we get more from Bloomberg Markets reporter Joe Easton. It is up another four percent at the moment, at the highest level since April sixth, above forty five thousand dollars for the first time in two years. This is due to the expectation of the direct investment from this ETF, so that is boosting sentiment and a lot of positivity. People looking for more technical levels for that one to keep going higher. And Bloomberg Joe Easton says Bitcoin has risen over twenty percent since has started December, as that January tenth deadline for the Securities and Exchange Commission to give its blessing for a spot bitcoin ETF dra us closer checking bitcoin right now, it's at forty five seven hundred dollars over in Europe's stocks are also higher to kick off the new trading year. Let's get the latest from Bloomberg Daybreak euro banker Stephen Carrol. Stephen, good morning, Amy and Karen. The tensions in the Red Sea are playing into the market narrative in Europe today. Shares and the shipping giant Marisk have risen after it stopped using that key trade route for forty eight hours following the weekend attack on one of its vessels. Higher oil prices are also helping to lift oil majors, making energy one of the best performing sectors on the Stock six hundred. More broadly, it's the Spanish and Italian markets which are out performing, boost it by a rise in bank shares. In London, Stephen Carrolt Bloomberg Radio, All right, Stephen, thank you all. Back here in the US, Wall Street returns to a holiday shortened week to kick off the new trading year, and we get a look ahead from Bloomberg Shirlie Pellett. The S and P five hundred index sits within striking distance of its first in two years. But a key challenge for markets is the outlook for the economy and corporate earnings. Michael Binger is the president of Gradient Investments. The economy I think is very resilient. Jobs are driving that, corporate profits are supposed to grow about ten eleven percent. And valuations, I mean they're not really cheap, but they're not super expensive either in the markets right now. Among this week's earnings reports, Constellation Brands and Walgreens Boots Alliance in New York Charlie Pellett Bloomberg Radio. Thank you, Charlie. In twenty twenty three, some of Wall Street's biggest names got it wrong with their predictions for how markets would perform, So will they fare better? In twenty twenty four, Bloomberg has compiled more than six hundred and fifty calls from strategists in Today's Big Take. Sam Potter is a senior markets editor for Bloomberg. Most strategists on Wall Street see the interest rate tykes of the past eighteen months to two years finally starting to bite economies generally around the world, stock slow, and that will kind of pre run a central bank pivot roundabout mid year. Bloomberg Senior Markets editor Sam Potter adds that strategists see the main risks to the markets inflation and the US election. Well. In corporate news, Amy Chinas BYD may have just overtaken Tesla as the world leader in EV sales. It's still more than five hundred twenty six in fully electric vehicles in the fourth quarter. Bloomberg's John Lewis more from Beijing when BYD Tesla, it'll do two things. I think that's going to put this company into the consciousness of people around the world in a way that that company has not had ever before. The number two thing it does is it really underscores how dominant a position China not only as a market, but as a country with lots of companies producing electric vehicles, how dominant a position China has in that industry now and Bloombergs John Lusa's Tesla is estimated to have delivered over four hundred and eighty three thousand in the fourth quarter alone. Speaking of China, President Xi Jinping has pledged to strengthen his country's economic recovery after a tough year. Bloomberg's Jenny Marsh has more from Hong Kong. This is Chi Jinping's new yas Eve's speech, and he normally uses it to so trumpet the achievements his nation's major in the year. And I think this speech really stood out for how candid he was being about these problems. It's the first time he's acknowledged that the struggle that twenty twenty three have brought. It also sort of underplayed in some ways the problems that are still lying ahead in twenty twenty four for the economy. And he didn't really have any sort of quick fixes for that. Bloomberg Jenny Mark says China is entering a pivotal period as policymakers try to boost growth, stabilize a crisis in the property market, and prevent deflation. Beijing is expected to target a growth goal of around five percent again in twenty twenty four. Meanwhile, Amy, the Biden administration has won another battle and its effort to try and slow Shina from building its own semiconductor industry. We get more with the Bloomberg's Ed Baxter, ASML Holding is canceled shipments of some of its machines to China at the Biden request. This week's before the export bands on the high end chip making came into effect, the Dutch manufacturer had licenses to ship three top of the line deep ultraviolet lithography machines, but before the deadline it decided to cancel the orders. The US and allies have been trying to block access to the technology. Ed Baxter, Bloomberg Radio, Thank you care in time now for a look at some of the other stories making news in New York and around the world. And for that we're joined by Bloomberg's Michael bar Good morning, Michael, Good morning, Amy The death toll has now climbed to forty eight. After a magnitude seven point six earthquake struck Japan. The quake hit off the Noto Peninsula on Japan's northwest coast. This man at Tokyo resident and US national, was visiting to Yama when the quake hit. First. The trim had just done it very slowly, and everybody kind of left it off, you know, they thought, oh, this is this is kind of humorous, you know, on New Year's Day, and then then it is just a violent shape. The tremor was followed by hundreds of aftershocks. A plane is on fire right now on the runway of Tokyo's Hanada Airport. Authorities say a large burst of fire erupted from the side of a Japan Airlines plane as a taxi on the runway. All of the three hundred and seventy nine passengers and crew were said to be safely evacuated. Israel Supreme Court struck down a key component of Prime Minister Benjamin Etnaho's contentious judicious overhaul before the October seventh to Maas attack into southern Israel. The planned overhaul sparked months of mass protests threatened to trigger a constitutional crisis between the judicial and legislative branches of government. The FBI's Joint Terrorism Task Force is assisting police in Rochester, New York, to investigate a car crash that killed two people and injured five others outside of Performing Arts theater in the early hours of New Year's Day. The crash happened in front of the Kodak Center. It became a large scene due to a fire which had erupted as a result of the crash, and police also say several gas cans were found in and around the striking vehicle. Rochester Mayor Malik Evans I want to offer my condolences to those families, those individuals that lost their lives, and I asked the community to pay pray not only for those that have lost their lives, but also those that are injured. Terrorism investigators are trying to determine if this was just a car accident or something far worse. New York City's effort to stop migrant buses has resulted in the buses arriving instead in neighboring New Jersey. Over the weekend, buses from Texas and Louisiana began dropping off asylum seekers at several New Jersey transit stations. From there, the asylum seekers are believed to have taken trains to New York City. Edison, New Jersey mayor Sam Joshi says the buses are a major risk to health and security. The solution for me, as the mayor of Edison, is not to pawt it off to another mayor. Global news twenty four hours a day and whenever you want it with the Bloomberg News Now. I'm Michael Barr, and this is Bloomberg Aamy all right, Thank you, Michael, And we do bring the news throughout the day here on Bloomberg Radio, and now you can get the news on demand whenever you want it. Subscribe to Bloomberg News Now to get the latest headlines at the click of a button. Get informed on your schedule. You can listen and subscribe to Bloomberg News Now on the Bloomberg Business app, Bloomberg dot Com plus Apple, Spotify, and anywhere else you get your podcasts. Time now for the Sports Report, brought to you by Tri State Audi. For that, we bring in John stash Hour. Thanks Amy Kevilo. Terrific gains of the college football playoff semifinals overtime at the Rose Ball after Michigan tie to Alabama. The lad touchdown in ot Wolverines had the ball first out of the shotgun. Paura McGain This tiny poussi he's got the first out of more porm inside the five porm space is way across the goal line. Touch down Michigan seven. Take your touchdown run ESPN the call Michigan and stop BAMACB Jalen Milroe on a fourth down and one twenty seven to twenty JJ McCarthy through three TD passes, and then came the Sugar Bowl where Washington never trailed that at thirteen point lead been WITHY through the fourth quarter. Texas rallied had four chances to take the lead the final fifteen seconds, but ended the game with three incompletions on the Husky survive thirty seven thirty one. Their QB Michael Pennix Junior threw for four hundred and thirty yards. Championship game next Monday in Houston, both Michigan and Washington will go in fourteen and oh I Fiesta Ball, all Oregon forty five to six over a limitary vote next to five TD passes Sitters pull in Orlando, All Tennessee thirty five nothing over Iowa. LSU won the RELYA Quest in Tampa thirty five to thirty one over Wisconsin. Nicks happy to start the new year at the Garden after an ohen three road trip, they beat Minnesota, won twelve one to OH six. Julius Randall Port in thirty nine points. O g Onnobi made his next debut. He played thirty five minutes before found out. He scored seventeen in Toronto. RJ. Barrett and Emmanuel quickly debuted for their new team. Scored nineteen and fourteen points in a Raptors win over Cleveland. Outdoor Hockey in Seattle, crowd of forty seven thousand to see the Kraken shoutout Vegas three to nothing. John Stashwin Bricksport from coast to coast, from New York to San Francisco, Boston to Washington, DC, nationwide on Syrias Exam the Bloomberg Business app in Bloomberg dot Com. This is Bloomberg Day Break. Good morning. I'm Amy Morris, and we are entering the first week of trading for twenty twenty four. As we do most investment outlooks from major banks and advisors are predicting the same middle of the road scenario for the coming year, an economic slow down, a central bank pivot, and a late year rebound. We're joined by Dennis Gartman, University of Akron and Dowment chairman and former publisher of the Gartman Letter to sort of set us straight on what we can expect for the coming year. Now, Dennis, the dollar closed out its worst year since twenty twenty, the S and P five hundred rose nine straight weeks. Are these trends bound to continue? I have my doubts to the latter trend will continue. I think stocks are extremely overbought. The market has risen on an anticipation of three, four, five six cuts in the overnight Fed Funds rate by the Federal Reserve Bank. I have my doubts as to whether that will occur. I think that the Fed is done raising the overnight Fed funds rate. Of that, there's no doubt. But whether they're going to cut five or six times, I think is very doubtful. I think we have to anticipate the fact that the Federal will delay any change in the overnight Fed funds rate lower to later this year. There's too much anticipation that the FEDERALI begin cutting the overnight funds rate by March. I think it'll be late in the summer, maybe early into the autumn before it happens, But we shall see. Time shall tell. I think stocks, however, are aggressively overbought, have been for some while, and it seems to me this looks very similar to what happened in twenty twenty one twenty twenty two, when we reach the higher the market on the opening day of twenty twenty one and then ended up having a rather substantive decline in prices. So time shall tell. We'll see. But too much anticipation of too much easier possible abilities on the part of the Fed that I don't think are going to happen. Now, we have a job's report coming out on Friday. What are you watching for in that and how that might impact it? Long ago I quit anticipating the over the employment rates because of the fact that we tend to see such huge numbers of revisions from one month to the next. But right now the market is anticipating an increase of about one hundred and seventy five to one hundred and eighty five thousand new jobs. We shall see if that if that occurs, but it's one of the most radically revised reports of the year. Every month the revisions are forty to fifty thousand plus or minus. So right now the market is anticipating one hundred and seventy five to one hundred eighty five thousand times. Shall tell Barkley is predicting a softest landing. Vanguard JP Morgan expecting a mild recession. But you know that's what everybody predicted for twenty twenty three as well. What's the difference now. I was one of the people that expected to see a recession in twenty twenty three, and clearly we have not had that. The market is now anticipating the softest, the best of all kind of soft landings imaginable. I have my doubts as to whether that will occur, but that's what the market anticipates, that's what the stock prices have anticipated, and that's what the world generally anticipates. Whether whether it happens or not is up for debate. I have my doubts. Seriously, though we are over extended to the upside. We were long overdue on a recession because of the FED tightening monetary policy over the course of the past several years, and there's always law long and reasonable legs between the monetary policy and economic activity. And I think we be recessionary before the end of the year, but I don't think it'll be a substantive one. I think it'll be a very quiet one. Time. However, again, as I've said too many times already this morning time show, tell Yeah, I was about to ask you what kind of recession you were looking for. You're expecting a softest landing. Yeah, yes, I think it'll be a very soft one, a very minor one. We've seen these types of recessions before. But I think it'll be a very a very quiet and not anything like we saw in seventy three, seventy four, not anything like we saw in eighty one, eighty two, not anything like we saw in nine. But it'll be a recession, and it'll be a quiet increase in over in the unemployment rate to probably four or five percent before it's done. What do you see with oil and gold in this new year? Gold is opening up very strongly right now, and I think gold wants to go from the lower left to the upper right. It's been a bull market for a while, and I think gold wants to go higher. Clearly, it's heading about twenty one thousand before before too long, I think it goes to twenty two or twenty three thousand before the year is out. I have been very bearish on crude oil for a while because the term structure has been overly overtly barished, with the front month leading on the downside and failing to gain upon the back moths when the market when the market rallies. But now all of a sudden, we're starting to see the term structure beginning to change a little bit, and everybody's watching what's happening in the Gulf of so As. I think that's only gonna get worse, not better. And for the first time in months, I'm actually not bearish of crude oil. I'm starting to turn bullish of a Timeshall tell, but this is the first time in months that I've actually been have not been bearish on the crude oil market because of the changing nature of the term structure. You are listening to Bloomberg Daybreak today, your morning brief on the stories making news from Wall Street to Washington and beyond look for us on your podcast feed at six am Eastern each morning, on Apple, Spotify, and anywhere else you get your podcasts. You can also listen live each morning starting at five am Wall Street Time on Bloomberg eleven three to zero in New York, Bloomberg ninety nine to one in Washington, Bloomberg one oh sixty one in Boston, and Bloomberg nine sixty in San Francisco. Our flagship New York station is also available on your Amazon Alexa devices. Just say Alexa Play Bloomberg eleven thirty plus listen coast to coat on the Bloomberg Business app, Sirius Xmbiheartradio app, and on Bloomberg dot Com. I'm Amy Morris and I'm Karen Moscow. Join us again tomorrow morning for all the news you need to start your day right here on Bloomberg DaybreakSee 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Join host Eric Chemi and renowned investment expert Dennis Gartman in an insightful conversation on Wealthion. They delve into the impacts of Federal Reserve policies on markets, with a special focus on the surging gold prices and commodities. Gartman, with his 50 years of experience, shares his predictions and investment strategies, offering invaluable insights for both seasoned and novice investors. #commodities #fedpolicy #gartman #investing ************************ At Wealthion, we show you how to protect and build your wealth by learning from the world's top experts on finance and money. Each week we add new videos that provide you with access to the foremost specialists in investing, economics, the stock market, real estate and personal finance. We offer exceptional interviews and explainer videos that dive deep into the trends driving today's markets, the economy, and your own net worth. We give you strategies for financial security, practical answers to questions like “how to grow my investments?”, and effective solutions for wealth building tailored to 'regular' investors just like you. Let us help you prepare your portfolio just in case the future brings one or more of the following: inflation, deflation, a bull market, a bear market, a market correction, a stock market crash, a real estate bubble, a real estate crash, an economic boom, a recession, a depression, or another global financial crisis. Put the wisdom from the money & markets experts we feature on Wealthion into action by scheduling a free consultation with Wealthion's endorsed financial advisors, who will work with you to determine the right next steps for you to take in building your wealth. SCHEDULE YOUR FREE WEALTH CONSULTATION with Wealthion's endorsed financial advisors here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.wealthion.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Subscribe to our YouTube channel: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/channel/UCKMeK-HGHfUFFArZ91rzv5A?sub_confirmation=1⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Follow us on Facebook: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.facebook.com/Wealthion-109680281218040⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ****************************** IMPORTANT NOTE: The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields. While we value and appreciate the insights shared by our esteemed guests, they are to be viewed as personal opinions and not as official investment advice or recommendations from Wealthion. These opinions should not replace your own due diligence or the advice of a professional financial advisor. We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so. The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust.

We're two games into the Finals so Brian and Tobin discuss the Nuggets-Heat series as well as all the coaching changes around the league. Plus, Sad Mavs Time and friend of the show Dennis Gartman joins for soccer talk.

Nació el 21 de agosto de 1950 y 20 años después se unió como economista a la firma Cotton Inc., tras graduarse de la North Carolina State University, en Estados Unidos. En esa empresa se encargaba de analizar tanto la oferta como la demanda de algodón para la industria textil de su país. Desde entonces, se empezó a sumergir en el mercado de capitales. Luego pasó a trabajar en el NCNB National Bank en Charlotte, donde se encargaba de negociar divisas e instrumentos asociados, hasta que, a finales de los años 70, se convirtió en analista jefe de futuros financieros en A.G. Becker & Company.

In this episode, Dennis shares his story of his family line being a Tigres fan.  A podcaster from Fort Worth, Texas whose roots are from Monterrey.  Dennis was able to give us insight on what it means to be a Tigres fan in the United States. 

Dennis Gartman, University of Akron Endowment Chairman & former publisher of The Gartman Letter, talks the stock market with Bloomberg's Nathan Hager.See omnystudio.com/listener for privacy information.

Dennis Gartman, Chairman of the University of Akron's Endowment/Investment committee and retired Editor/Publisher of the Gartman Letter, discusses the latest on the markets. He spoke with hosts Bryan Curtis and Rishaad Salamat on "Bloomberg Daybreak Asia."See omnystudio.com/listener for privacy information.

Brian Deese, National Economic Council Director, says all options are on the table when it comes to a potential ban on diesel exports. Scott Kirby, United Airlines CEO, says business class demand will continue to increase. Mohamed Younis, Gallup Editor In Chief, says the US economy is the number one issue for voters right now. Dennis Gartman, Chairman of the University of Akron's Endowment Fund & Retired Editor of The Gartman Letter, says 2022 is only going to get uglier. Anwiti Bahuguna, Columbia Threadneedle Head of Multi-Asset Strategy, is seeing no signs of peak inflation. See omnystudio.com/listener for privacy information.

Dennis Gartman from The Gartman Letter, L.C. discusses inflation and the stock market. 

Dennis Gartman, Chairman of the University of Akron's Endowment Investment committee, and retired Editor, Publisher of the Gartman Letter, discusses the latest on the markets. He spoke with hosts Bryan Curtis and Rishaad Salamat on "Bloomberg Daybreak Asia."See omnystudio.com/listener for privacy information.

Ron Temple, Lazard Asset Management Co-Head of Multi-Asset & Head of US Equity, says we're in the midst of inflation paradigm shift. Stephen Roach, Yale Law School Paul Tsai China Center Senior Fellow, discusses tension between the US and China. Wendy Schiller, Brown University Taubman Center for American Politics and Policy Director, weighs the potential 2024 re-match with Joe Biden and Donald Trump. Dennis Gartman, Chairman of The University Of Akron's Endowment Fund & Retired Editor of The Gartman Letter, says bear market rally won't last much longer. Paul Sankey, Sankey Research Founder & Lead Analyst, says natural gas prices in the US are likely heading higher heading into winter as exports continue to flow to Europe. See omnystudio.com/listener for privacy information.

Dennis Gartman, Chairman of the University of Akron's Endowment/Investment committee and retired Editor/Publisher of the Gartman Letter, discusses the latest on the markets. He spoke with hosts Bryan Curtis and Rishaad Salamat on "Bloomberg Daybreak Asia."See omnystudio.com/listener for privacy information.

Recorded March 11, 2022 Donate generously to World Central Kitchen ➡️ https://donate.wck.org/fundraiser/3816260  Listeners have been asking how they can show their appreciation for the talks George is hosting. Top of mind right now are the millions suffering as a result of the tragedy in Ukraine. World Central Kitchen has joined the fight to provide humanitarian aid to those in need of fresh food and meals within Ukraine and in bordering countries. Please donate generously to World Central Kitchen on behalf of NO BULL - Market Talk with George Noble™️. Follow George Noble on Twitter and Youtube

Ellen Zentner, Morgan Stanley Chief U.S. Economist, says there are enough risks in the economy that it makes sense for the Fed to start with a 25 basis point hike. Bob Michele, JPMorgan Asset Managment CIO, discusses the three things he is watching for in the Fed's interest rate decision. Ian Kelly, Former U.S. Ambassador to Georgia, says Putin's world is now very small. Dennis Gartman, Chairman of the University of Akron Endowment Fund & Retired Editor of The Gartman Letter, says we have to pay attention to the planting season in Ukraine. David Rubenstein, The Carlyle Group Co-Founder & Host of "Peer to Peer with David Rubenstein," discusses his interview with Airbnb CEO Brian Chesky. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Jerry and Dennis Gartman discuss how massive uncertainty in geo-politics, the economy, and health is driving gold prices higher. SHOW NOTES: 1:11: Has The World Ever Been More Uncertain? 2:02: How Is Gold A Good Investment Today? 6:55: What's Wrong With Cryptos? 7:46: How Are Geo-Politics Causing Banking Risk? 9:20: Will Inflation Reach The Levels Experienced In The 1970s? 10:52: What's Wrong With The U.S. Energy Policy? 16:24: Can The Fed Continue To Supply Liquidity? 19:15: Why Does Russia Buy So Much Gold? 21:21: Will There Be A New World Currency?  

It's not easy becoming a physician. You have to be at the top of your class in college to get into medical school. Then medical school itself is a pretty big commitment. Of course, I'm one of those crazies who added 7 years of residency training to my education. But by the time you get […] The post 288: Dennis Gartman: Inflation, the Fed and Trouble Ahead! appeared first on Wealth Formula.

Vincent Reinhart, Mellon Chief Economist and Macro Strategist, says the delta variant is Jay Powell's taper "ace card." Dennis Gartman, Chairman of the University of Akron's Endowment Fund and Retired Editor of The Gartman Letter, says smart money has been leaving the market since July. Gabriela Santos, says she fundamentally disagrees with the thesis that China is uninvestable. George Friedman, Founder and Chairman of Geopolitical Futures, says all-in wars like Afghanistan always places the U.S. at a disadvantage. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Vincent Reinhart, Mellon Chief Economist and Macro Strategist, says the delta variant is Jay Powell's taper "ace card." Dennis Gartman, Chairman of the University of Akron's Endowment Fund and Retired Editor of The Gartman Letter, says smart money has been leaving the market since July. Gabriela Santos, says she fundamentally disagrees with the thesis that China is uninvestable. George Friedman, Founder and Chairman of Geopolitical Futures, says all-in wars like Afghanistan always places the U.S. at a disadvantage. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Wall Street predicts surging oil prices. Discover why a barrel of oil may reach $100. Dennis Gartman joins Mike to discuss what's driving rising prices, and the impact of President Biden's oil policies.

Mohamed El-Erian, Cambridge University Queens' College President and Bloomberg Opinion Columnist, says that it becomes very difficult for economists to forecast with any degree of accuracy when structural change is going on in an economy. Dennis Gartman, Retired Editor of The Gartman Letter & Chairman of the University of Akron Endowment Fund, explains why he has been very bearish on equities. James Sweeney, Credit Suisse Chief Economist, says higher inflation is not the end of the world. Julie Norman, University College London Professor in the Department of Political Science, details the complexity of the conflict between Israel and Hamas. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Vitor Gaspar, IMF Fiscal Affairs Department Director, says the investment in vaccinations has a tremendous return. William Lee, Milken Institute Chief Economist, says the global economy is not ready for a U.S. locomotive. Dennis Gartman, University of Akron Endowment Chairman, is seeing a real generation shift in stock selection. Michelle Meyer, Bank of America Head of U.S. Economics, says we are still correcting for the Covid shock. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Interest rates are a notable part of the equation when buying farmland.  The Federal Reserve's expansionary policy has created attractive interest rates for farmers and investors to finance their land purchases.  The current interest environment may be short-lived though as inflationary concerns may drive interest rates up soon.  Guests include Dennis Gartman, economist who has been involved in the capital markets since 1974 and Lynn Paulson, Bell Bank Vice President for Agricultural Lending, who has been in the lending business for nearly 40 years.Follow Kevin at www.americalandauctioneer.com and on Instagram & Facebook.Follow Dennis at The Gartman Letter

Leon Cooperman, Omega Family Office Chairman & CEO, doesn't see the market turmoil that formed around GameStop as a rich versus poor story. Dennis Gartman, University of Akron Endowment Fund Chairman & Former Editor of The Gartman Letter, says a commodities bull market has begun. Jim Bianco, Bianco Research President, says economists are starting to pick up on the idea that the supercycle has turned. Representative Gregory Meeks, Democrat from New York, says the GameStop hearing will inquire about whether hedge funds did any harm. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

How will oil prices respond to the continuing COVID crisis? Joe Biden has unveiled his energy plan; how will oil prices respond if Biden is elected president? Dennis Gartman joins Mike to discuss the near and distant future of oil prices.

Jim McKelvey, Square Co-Founder, Author of "The Innovation Stack," and St. Louis Federal Reserve Deputy Chair, discusses how much regulation Congress should wield over large tech companies. Jill Carey Hall, BofA Securities U.S. Equity Strategist, says she is cautious on the upside of U.S. markets because there could be payback risk from stimulus measures. Priya Misra, TD Securities Global Head of Rates Strategy, says the recent dollar weakness has been a result of the market listening to the Fed. Dennis Gartman, Retired Editor of The Gartman Letter, says gold has become a little too crowded. Al Broaddus, Former Richmond Fed President, weighs in on Fed policy as Congress works on fiscal aid. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Lewis Alexander, Nomura Chief U.S. Economist, says the U.S. unemployment rate will continue to rise before this recession is over. David Kostin, Goldman Sachs Chief U.S. Equity Strategist, says the current market rally has been driven by a select group of companies. Ian Bremmer, Eurasia Group President, says the U.S. is not on the brink of civil war. Dennis Gartman, Retired Editor of The Gartman Letter, says he finds it very difficult to be bullish on risk assets. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Federal Reserve Vice Chairman Richard Clarida says the central bank has the tools needed to keep the U.S. out of a deflationary trap, even as the coronavirus deals a severe hit to the economy. Dennis Gartman, Retired Editor of the Gartman Letter, says this is a time to own gold. Betsy Graseck, Morgan Stanley Head of Banks & Diversified Finance Research looks ahead to bank earnings and discusses the metrics she says will matter the most. Dr. Josh Sharfstein, Johns Hopkins University Bloomberg School of Public Health Vice Dean of Public Health Practice and Community Engagement, says people who were reasonably sick from the coronavirus infection and got better are unlikely to get that sick again. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Shahab Jalinoos, Credit Suisse Head of FX and Macro Trading Strategy, observes rising interest rates across the Eurozone area. Greg Valliere, AGF Investments Chief U.S. Policy Strategist, was surprised to see House Speaker Nancy Pelosi may delay next steps in the impeachment process. Dennis Gartman, The Gartman Letter Author, discusses his decision to retire his famous morning note. Doug Kass, Seabreeze Partners President & Founder, calls in to ask a question to Gartman. And Margaret Franklin, CFA Institute CEO & President, says she still sees high demand for chartered holders. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Troy Gayeski, SkyBridge Capital Co-Chief Investment Officer, thinks the U.S. dollar has finally topped out. Henrietta Treyz, Veda Partners Director of Economic Policy, believes the pressure on the administration not to impose tariffs is stronger than it has ever been. Dennis Gartman, The Gartman Letter Editor and Publisher, shares memories of his iconic newsletter ahead of its planned last edition on Dec. 31. Margie Patel, Wells Fargo Asset Management Senior Portfolio Manager, thinks mid-single digit returns may be the best-case scenario for 2020. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Carl Weinberg, High Frequency Economics Chief Economist, says Chinese numbers are more stable than ours [in the U.S.]. John Micklethwait, Bloomberg Editor-in-Chief, discusses his latest piece on the end of the Anglosphere, the global influence of the U.S. and Britain. Dennis Gartman, The Gartman Letter Editor, says we are still in a bull market. Lori Calvasina, RBC Head of U.S. Equity Strategy, thinks there is still "a little bit of room" in equity markets.  Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Hi, I’m Gerri Willis from the Fox Business Network and host of the podcast, Rich is Not a Four-Letter Word. Up 500 points one day, down 500 the next. The stock market has been incredibly volatile. Has it got you down? Well, on this episode I spoke with legendary markets newsletter writer Dennis Gartman about his views on the market and what individual investors should be doing right now. Gartman, whose newsletter The Gartman Letter is read by many of the leading banks, brokerages, and energy trading companies, is not optimistic about the prospects for markets in 2019. He shares his concerns about volatility, markets, and trade with China. Want to know what to do next? Take a listen: Take a listen to the podcast! Follow me on Twitter @gerriwillisFBN and on Facebook, where my handle is GerriWillis. You can also find me on Instagram at Gerri_Willis. Bottom line, I want to hear from you! What money issues do you want to explore? Tell me and we will get it on the podcast. Have a great day and remember, Rich is NOT a Four-Letter Word!

Harm Bandholz, Unicredit Bank Chief U.S. Economist, thinks Stanley Fischer will be hard to replace but Richard Clarida is a great pick for Fed Vice Chair. Troy Gayeski, Skybridge Partner & Portfolio Manager, says the U.S. consumer is in very good shape right now. Dennis Gartman, The Gartman Letter Editor & Publisher, says he'd rather own wheat than any other soft commodity. And Miriam Sapiro, Sard Verbinnen's SVC Public Affairs Managing Director & Vice Chairman, says trade negotiations require a holistic approach from several government agencies.  Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Kate Moore, BlackRock Chief Equity Strategist, says she wants companies to make growth generative investments, not just investments to appease outsiders. Hans Humes, GreyLock Capital Chairman & Chief Executive Officer, says Venezuela is a kleptocracy at this point. Dennis Gartman, Gartman Letter Publisher, discusses his cryptocurrency bet in his retirement account. Gene Munster, Loup Ventures Co-Founder, says an Apple-Tesla combo makes sense but it's a fairy tale that is never going to happen. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Alan Ruskin, Deutsche Bank Global Co-Head of G-10 FX Strategy, says to not get too obsessed with the Fed funds rate. Angelo Zino, CFRA Analyst, says iPhones are no longer the only story for Apple.Lindsey Piegza, Stifel Financial Chief Economist, says inflation has not shown strong, upward momentum. Dennis Gartman, The Gartman Letter Publisher, says the Fed has already won its battle with 2% inflation.  Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

James Sweeney, Credit Suisse Chief Economist and International Wealth Management Division Americas CIO, thinks the market has been pricing in more policy than usual. Jeff Currie, Goldman Sachs Global Head of Commodities and Research, says the reflation story really began in April 2016. John Hudak, Brookings Senior Fellow of Governance Studies, says a lot of government agencies have had hiring troubles. Dennis Gartman, Gartman Letter Economist, Editor & Publisher, says he's dismayed that the U.S. government can't get spending under control.  Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Russ Koesterich, BlackRock Global Allocation Fund Portfolio Manager, says less than 20% of the global bond market yields 4%.  Komal Sri-Kumar, Sri-Kumar Global Strategies President and Founder, says you don't give money to the top 1%: the lower earners are the big consumers.Rep. Bill Pascrell, (D) New Jersey, says we're treating hardworking immigrants like second-class citizens. Dennis Gartman, Gartman Letter Editor and Publisher, says there's a fear we are starting a multi-decade bond bear market. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Peter Hooper, Deutsche Bank Chief Economist, predicts unemployment is going into the mid-3s by the end of next year. Anthony Scaramucci, Former White House Communications Director, says there are great high-yielding assets in the hedge fund space. Greg Valliere, Horizon Investments CIO, says the Alabama election is a real wake up call to the GOP. Dennis Gartman, Gartman Letter Publisher, says the oat market has always been the canary in the coal mine of grains.  Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Richard Haass, president of the Council on Foreign Relations, says the U.S. has isolated itself from trading allies and that it shouldn't be complicit to Duterte's government in the Philippines. Dennis Gartman, publisher of the Gartman Letter, says the bull market for stocks has come to an abrupt stop. Finally, David Rosenberg, Gluskin Sheff's chief economist, says the bog bond story could be in China right now. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Dennis Gartman, the editor and publisher of the Gartman Letter, reacts to the recent highs in the stock market and says markets have been ridiculously overpriced lately. Prior to that, Alan Ruskin, Deutsche Bank's global head of G-10 FX strategy, says 1987's Black Monday was extraordinary but 2008 was far worse. Finally, Saadia Madsbjerg, the managing director at the Rockefeller Foundation, says the forest fire prevention budget is under pressure.  Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Stephen Moore, a former economic adviser for the Trump campaign, says corporations are holding up to $3 trillion abroad that needs to be brought back to the U.S. to get the economy growing. Prior to that, Dennis Gartman, editor and publisher of the Gartman Letter, says Bitcoin and other cryptocurrencies are ridiculously priced. Americans are tired of waiting for what the GOP said it would do, Republican Representative Jim Jordan says. Finally, Janus Henderson's Ashwin Alankar says as long as interest rates stay low, it's hard for volatility to rise.  Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Dennis Gartman, editor and publisher of the Gartman Letter, says there won't be any gasoline from the Colonial pipelines for the next several weeks. Prior to that, Nicholas Akins, CEO of American Electric Power, says it's critical to get electrical power back up at chemical facilities in Houston. Finally, Michael Brown, an economist at Wells Fargo, says he expects Democrats to support a clean debt-ceiling bill. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Arizona Senator Jeff Flake says many people are concerned about President Trump's chaotic White House atmosphere. Prior to that, Michael Shaoul, CEO of Marketfield Asset Management, says 2017 may be the best year for markets since 2009. Wendy Schiller, the chair of political science at Brown University, says established Republicans don't want to work for Trump. Russ Koesterich, a money manager at BlackRock, says OPEC isn't in control. Finally, Dennis Gartman, editor of the Gartman Letter, says the dollar is quietly and laboriously moving lower. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Harm Bandholz, Unicredit's chief U.S. economist, talks about his optimistic view of the unemployment rate and says it would be positive for the U.S. if the Eurozone strengthens. Robert Profusek, a partner at Jones Day, says the pace of deal-making isn't slowing but it's taking longer to close. Finally, Dennis Gartman, editor and publisher of the Gartman Letter, says the recent gold drop may have been caused by Venezuela selling. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

James Stavridis, dean of the Fletcher School at Tufts University, says it's remarkable to see the National Security Advisor and the FBI Director both fired in Trump's first 112 days. Prior to that, Charles Powell, a member of the House of Lords, says Brexit hasn't caused panic in the U.K. Dennis Gartman, editor of the Gartman Letter, says more inflation is on the horizon. Finally, Howard Davidowitz, chairman of Davidowitz and Associates, says Amazon will do more apparel sales than Macy's. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Dominic Konstam, Deutsche Bank Securities Global Rates Research Head, said a weak sterling reflects the U.K. may struggle to get a good Brexit deal. John Stoltzfus, Oppenheimer & Co. Chief Investment Strategist, said the VIX has been remarkably low as equity markets look for U.S. economic expansion. Anthony Scaramucci, a Trump adviser, said the White House is more stable than it looks. Dennis Gartman, Gartman Letter Publisher, said it's still a bull market for the dollar. Linda McMahon, administrator at the U.S. Small Business Administration, said the SBA will stay separate. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

It looks like Jamie Dimon's bottom turned out to be the trap door I thought it was, with the Dow Jones today down almost 190 points The market was let lower by the financials, JP Morgan itself down better than 4% Remember it was Jami Dimon having the confidence to put a year's salary into company stock that sparked this rally, but it seems to be losing steam and rolling over Because we're not going to get a lasting bottom until the Fed makes that bottom  It's not going to be a Jamie Dimon bottom, it has to be a Janet Yellen bottom; and as much as I have no interest in seeing Janet Yellen's bottom, that's exactly what we're going to have to do to get a real low in this market Every single decline that the market has experienced since 2009, the bottom has been set by the Fed It's been the Fed forming that bottom by coming to the rescue with rate cuts, QE programs, Operation Twist, hinting about more QE, and so far, the Fed has done none of that The Fed is still sticking to its narrative that rate hikes are coming Yes, nobody believes they're coming anytime soon, but that is still the official forecast Meanwhile, the markets can't even deal with rates as is The gold market will be the mirror image of the stock market; gold was up about $16 today It reversed a near $20 decline yesterday, but it consolidating its huge move above $1200 So we are not getting the pullback that Dennis Gartman and Jim Cramer are hoping for to get on board I think if people want to get on board this train, this is the stop. If you like gold, just buy it and be happy that you're getting it for $1225 - yes, you could have bought it below $1100 in December, but $1225 is still cheap The most interesting about yesterday's drop in gold - the gold stocks didn't really decline Most of the gold stocks finished positive on the day Gold stocks added to their gains today, and many are sitting on their highest close of the year, and several are at 52-week highs Other than the gold stocks, the 52-week high list is pretty short The 52-week low list looks like a rap sheet Something happened on Friday that made some people believe that help from the Fed is not forthcoming Which may be part of the reason why the markets are declining The release of the CPI number caught a lot of people by surprise: January consumer prices, forecast to drop by .1% The real number was the core rate, which excludes food and energy was up .3, month over month - the biggest jump since August 2011 The increase in the core price year-over-year was 2.2%, the biggest increase since June of 2012 Remember, the Fed says our target is 2%, well, we got 2.2! We're there! We can raise rates! That's what's so scary I wrote a commentary that is posted on this website, "The Fed's Nightmare Scenario", and I got that title after reading an article in which an economist who, observing that the CPI was 2.2% announced that this is a"dream come true" for the Fed He cited inflation as the primary barrier to the Fed's rate increase goals The Fed's "mandate" of 2% inflation is finally met First, the Fed doesn't have a mandate of 2% inflation. They made that up. The Fed's real mandate is price stability, which doesn't require a definition, because everybody knows what the word "stable" means The Federal Reserve decided to interpret that mandate to mean an increase of 2% The late U.S. Supreme Court Justice Antonin Scalia was one of the few justices who believed in the "bizarre concept" of original intent He believed that the Constitution actually meant what the founding fathers intended it to mean, that the words actually mean what they say My father always said, "If you want to know what the Constitution says, read it.  It's not written in Chinese." If you're really not sure, go back and read the Federalist Papers, where the framers of the Constitution discussed the intent of the document Today,

Big day in gold today; gold broke over $1200 for the first time in almost over a year, in fact we hit a new 1-year high I saw gold trading above 1260 at one point in the morning, that was up better than $60 on the ounce; It closed up 49.10, I believe at $124.90 Remember, I was on CNBC "Futures Now" earlier in the week and gold was around $1180-$1190 and they were trying to press me on where I thought it would go, and I said, it's going to go higher, I'm bullish in the short term, the medium and the long term But I'll tell you one thing: when gold brakes through $1200, it's going to move to $1300 very quickly and people are going to be surprised It's just been one day and we're halfway there Gold stocks still reflect a lot of skepticism on this rally; Gold stocks were up about 7% on the day Gold stocks have a long way to go to catch up I mentioned on the last podcast, Dennis Gartman, who got bullish on gold, told people not to buy, he said wait for a pull back Well the people who are waiting f or a pull back are still waiting and they missed this entire $50 move The stock market was the mirror image of the gold market today; at one point, with less than an hour to go, the Dow was down 400 points again, the NASDAQ was maybe down about 60 Then all of a sudden there was a rumor floated that the United Arab Emirates was considering meeting with other OPEC nations about a production cut and all of a sudden the market rallied The NASDAQ actually rallied positive; the Dow got to  about -170 and then they rolled over on the close, Dow down 254, NASDAQ down 16.76 - horrible close Of course the weakest stocks on the day continue to be the financials getting decimated to new lows Goldman Sachs down about 4.5%,  Morgan Stanley down 4.5%, Bank of America down 6.8% - many of these companies making new 52-week lows But outside the financials, the debacle du jour, in the stock market is Boeing, which is a Dow component, was down 7% on the day, near a 3-year low; the lowest I saw inter-day was -12% The news is that the SEC will investigate their accounting practices - that can't be good Also they reported that they are going to be laying off workers in an effort to contain their costs It's not just about bad oil loans, that's part of the story, that's just the tip of a huge iceberg In fact, the market rallied because of the rumor of OPEC is making moves to support oil prices We hear people saying that what the stock market needs is higher oil prices.  No we don't! Higher oil prices will help oil stocks, but they're not going to help the overall market market because some guy writes an algorithm that runs a program that says, "Buy stocks when oil goes up" Steve Liesman said on CNBC recently that he never would have believed the market would be so dependent on oil prices A lot of people make that mistake, assuming that oil is driving the stock market but the same factors are dominating both:  fear of higher interest rates and weakness in the U.S. economy But eventually, I think oil prices will go up, and the stock market will continue to go down Many people are hopeful that Janet Yellen's second trip to Capitol Hill, this time talking to the Senate, might save the market; apparently that was not the case Janet Yellen, this time, in the Q&A was closer to admitting that negative rates are coming She actually said they would consider doing it if the economy needed it All the discussion is going straight to negative rates and skipping over zero interest rates and QE There was no discussion about reversing December's .25 rate hike If Janet Yellen is thinking about negative rates, she has ready considered zero rates and QE She obviously can't be as confident in the economy as she appears to be Some people are asking "Is this an over-reaction to global market troubles and oil prices?" No one considers that the U.S. Stock market is going down because there's a problem with the U.S.