Podcasts about q3 gdp

Send us a textCreativity, Chaos, and the Signals That MatterGold's ripping, stocks are ripping, but this isn't a hedge, it's a hallucination. In today's episode, I break down the paradox of rising fear assets and euphoria trades moving in sync. We bounce off China's Q3 GDP: if the US won't provide data, the Chinese will. And I revisit how creativity really works, not through structure, but through a blissful surrender. Then we take another stab at valuing gold in a system that may have moved on.And consider lithium at the one year moving average.Support the show⬇️ Subscribe on Patreon or Substack for full episodes ⬇️https://www.patreon.com/HughHendryhttps://hughhendry.substack.comhttps://www.instagram.com/hughhendryofficialhttps://blancbleustbarts.comhttps://www.instagram.com/blancbleuofficial⭐⭐⭐⭐⭐ Leave a five star review and comment on Apple Podcasts!

This is Nelson John, and I'll bring you the top business and tech stories, let's get started. Wall Street Reverses Course After Tariff Jitters Wednesday's rally? Short-lived. U.S. stock markets nosedived Thursday, giving back most of their gains after optimism over Trump's temporary tariff pause faded fast. The S&P 500 fell 3.46%, the Dow lost 1,014 points, and the Nasdaq dropped 4.31%, dragged down by a brutal tech sell-off—Tesla plunged 8%, Nvidia and Meta slid 7%, and Apple fell 4%. What triggered the sell-off? A White House clarification revealed that tariffs on Chinese imports will spike to 145%, not 125% as previously suggested. Even a soft inflation report couldn't soothe investor nerves. Message from the market: relief rallies are fragile, and volatility may be the new normal.

On the Mike Hosking Breakfast Full Show Podcast for Thursday 19th of December, Heather du Plessis-Allan asks just how bad is our Q3 GDP will be, and whether we'll slip back into a technical recession? High Performance Sport NZ has decided who they're dishing out the funding to – so who are the winners and losers? Kiwi actor and NZ Order of Merit recipient Mark Hadlow is bringing back his stage show 'Middle Aged Man in Lycra', by doing a sequel - ‘Grumpy Old Man in Lycra'. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.

This evening we look at the markets with FNB Wealth and Investments, Capital Appreciation joins us to discuss its financials, we speak to Werksmans Attorneys about a potential probe into local flight prices, Old Mutual unpacks recent GDP data, and Nedbank gives us its outlook for the agricultural sector in 2025. SAfm Market Update - Podcasts and live stream

US equities finished mostly lower in Wednesday trading, though ended off worst levels, with the Dow Jones, S&P500, and Nasdaq closing down 31bps, 38bps, and 60bps respectively. October core PCE was in-line, while October durable-goods orders were a bit below consensus. Second estimate of Q3 GDP was unchanged at 2.8%. October pending home sales were higher m/m vs expectations for a decline. Elsewhere, today's $44B auction of 7Y Treasury notes stopped through.

This week brought a flurry of critical developments, with Scott Bessent named as Treasury Secretary, signaling potential shifts in U.S. fiscal policy. Known for his bond market expertise, Bessent's appointment caused gold prices to dip and led to fresh buying of bonds with 10-year yields falling 7bp on Monday's open. Meanwhile, Bitcoin hit an all-time high of $99,500, reflecting growing crypto optimism under the new administration. In economic data, the U.S. saw mixed PMI numbers, with services surging to 57 (est 55) while manufacturing stagnated at 48.8 (est 48.8). Unemployment trends raised concerns, with continuing claims rising to a three-year high. However, U.S. corporate bond spreads hit record lows, pointing to potential bubble risks. European data continues to disappoint, with German and French PMIs remaining weak. The Eurozone 5yr5yr forward inflation swap fell to 2%, sparking discussions of deflationary pressures. Meanwhile, UK retail sales dropped, and CPI rose to 2.3%, stirring market concerns.Key events for the week include:Tuesday: Fed minutesWednesday: U.S. PCE price index, Q3 GDP, Durable goods ordersThursday: Eurozone inflation, Canadian GDP, Thanksgiving holidayFriday: U.S. PMIs, Consumer sentiment, Eurozone services PMI, UK retail salesSaturday: Chinese manufacturing and services PMI data#MacroMonday #EconomicAnalysis #ScottBessent #PMIData #Crypto #Bitcoin #TreasurySecretary #GoldPrices #USEconomy #EuropeEconomy #Deflation #Inflation #RateCuts #BondMarket #MarketTrends #OilPrices #FedMinutes #GDP #PMI #ConsumerSentiment #MiddleEastTensions #ChinaData #UKRetailSales #Eurozone Follow us: YouTube: https://www.youtube.com/@worldofoilde...LinkedIn: https://www.linkedin.com/company/onyx... X: https://x.com/Ony

This week we discuss recent employment statistics, September's PCE numbers, and Q3 GDP.

It's been a busy past week with European Q3 GDP data and an expansionary UK budget, which led to a rise in European and UK bond yields. We also saw China PMI data print a tiny bit better and a pretty solid Q3 GDP growth report in the US. Over the coming week, it's crunch time in the US with the election finally upon us. We discuss how markets may react as the results start to roll in next week. We also have at least five central bank meetings to look out for, and with an expected 25bp rate cut in the US. Chapters: US (02:42), Europe (07:22), China (11:14), Rest of Asia (15:09)

US equities finished lower in Wednesday trading, selling off after midday and ending near worst levels, with the Dow Jones, S&P500, and Nasdaq closing down 22bps, 33bps, and 56bps respectively. Earnings were a major focus today, with more than half of the S&P 500 constituents now having reported; Alphabet, AMD, Caterpillar among notable reporters. Big beat for October ADP private payrolls, printing at 233K vs 108K consensus. Q3 GDP grew at a 2.8% SAAR against forecasts for 2.6%. September pending home sales came in much stronger than expected, rising 7.4% m/m.

This is a narration of our weekly Rent and Operating Trends Report.Retail Sales Stronger than Expected, AgainConsumer spending outpaced expectations in September, and August's better-than-expected results were unrevised. Retail sales were up 0.4% from the prior month and 1.7% from a year ago. Discretionary spending at restaurants, drinking establishments, and clothing stores helped boost the number. It is yet to be seen if strong sales will continue through the holiday season. While spending is up, consumer sentiment remains sluggish even though the Bureau of Labor Statistics recently reported strong wage growth and more moderate inflation.  Strong GDP Estimates for Q3 2024The Atlanta Fed's latest estimate for Q3 GDP growth is 3.4%. The organization's model, GDPNow, had it as low as 2% in August, but recent economic reports gave it a boost during the last two months. The Bureau of Economic Analysis will release its advance estimate of GDP on October 30.There is growing sentiment that continued strength in the economy could lead to a more moderate interest rate cut of 25 basis points by the end of the year.  Permitting for Multifamily Housing Yet to See an UptickFor the 12 months ending September 2024, total housing permits were down 2.9% from the prior month and down 5.7% from a year ago on a seasonally adjusted basis. Permitting for multifamily units continued to be the main driver of the decline. The industry had 398,000 units permitted in the last year, down 17.4% on an annual basis. The latest multifamily permitting level is down significantly from the construction boom period a couple of years ago when it eclipsed more than 700,000 units permitted within a 12-month period, but it is also down from the period immediately before the pandemic. From 2015-2019, the industry's annual permitting level averaged 442,000 units. Normal, or even muted, levels of supply are on the way the next couple of years which should help operational metrics rebalance after a period of significant challenges. Multifamily HighlightsTraffic and occupancy continued to tick down in the latest week's results. The trend can mostly be attributed to seasonality, but the rates themselves are weaker than in other comparable periods.Headed into 2024, Radix forecasts indicated occupancy would average at lower rate than the prior year due to elevated supply and slowing job growth. That prediction has come to fruition, but results are expected to rebound in 2025 as supply slows significantly in many markets. Effective rents were stable from the previous week. If occupancy improves in 2025, concessions should moderate. As of the latest week, roughly half of markets had lower effective rents compared to the prior year.Explore our webpage for more insights and resources:https://bit.ly/Radix_Website 

摘要 一， 10月17日，美國勞工部公佈，截至10月12日為止當週，首次申請失業救濟金人數較前週修正值（上修2,000人）減少19,000人至241,000人，優於經濟學家平均預估的26萬人。同一天，美國商務部也公布9月零售額，月增幅度明顯高於8月份，顯示暑假結束後，民眾仍持續消費，美國經濟仍具有彈性。 不過，10月11日，美國勞工部公布，9月CPI月增率與8月同為0.2％，高於市場預期的0.1％增幅。受通膨頑固、勞動市場略顯疲態影響，美國的金融市場波動加大，顯示美國經濟前景好壞參半，我們應該怎麼看待美國經濟發展？ 二， 10月18日，中國國家統計局公布初步核算數據，今年三季度中國GDP同比增長4.6%，增速較二季度回落0.1個百分點。這使中國經濟增速連續兩個季度低於5%的全面目標。 同一天，國際貨幣基金組織總裁格奧爾基耶娃在接受採訪時指出，中國的經濟增長模式必須從出口導向型轉為消費導向型，否則將面臨危險的增長放緩。 同時，市場持續等待中國擴大財政刺激政策細節公布，滬深 300 指數陷入波動修正，特點是漲速放緩，波動性加大，投資人心態顯示對中國經濟前景沒有信心。 我們應該怎麼對待中國端出的刺激政策，以及中國經濟到底出了什麼問題？ Powered by Firstory Hosting

美國Q3財報季出爐 川普民調超車賀錦麗 通膨降溫 歐洲央行第三次降息至3.25% 中國 Q3 GDP成長4.6% 加大刺激措施拼保5 -- Hosting provided by SoundOn

US futures are signaling a mixed open today, following a similar trend seen in European and Asian markets. Market attention is focused on China's latest economic data, where Q3 GDP growth slowed less than expected on a year-over-year basis. Strong September activity data helped offset concerns about the slowdown. Meanwhile, China's property market continues to struggle. Geopolitical tensions remain a key concern, with Israel's military targeting Hamas leaders, intensifying calls to end the war in Gaza. Discussions also continue around Israel's response to an Iranian missile attack.Companies Mentioned: Intel, Marvell Technology, Apple, CSX Corp, Canadian Pacific Kansas City

This interview with Jonny Mathews explores why he believes we aren't headed for a recession, how real consumption will likely drive Q3 GDP higher, and why he thinks unemployment will moderate. We also discuss the market opportunities he's seeing, hitting home run trades, and much more. __ Follow Jonny Mathews on Twitter https://x.com/super_macro Subscribe to Super Macro at https://super-macro.com/ Follow Jack Farley on Twitter https://twitter.com/JackFarley96 Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance Follow Blockworks on Twitter https://twitter.com/Blockworks_ __ Timestamps: (00:00) Introduction (00:45) Are We Headed For A Recession? (03:09) Income Growth Is Driving Consumption (05:45) Household Savings (07:44) Unemployment Will Moderate (15:40) Credit Markets (19:48) Permissionless Ad (20:48) Job Market Revisions (23:47) Opportunities In Fixed Income (27:32) Trading Interest Rates (30:53) Will Inflation Continue To Fall? (35:42) Labor Market Data (39:31) Opportunities In The UK (50:30) Home Run Trades (52:55) The Gold Market (55:33) China Outlook (01:01:24) S&P 500 Earnings (01:05:29) AI & Productivity (01:09:29) Super Macro Note (01:12:05) Jonny's Trading Experience (01:18:13) Stocks Over Bonds (01:20:27) Cumulative Personal Savings __ Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets

On today's episode, financial journalist Govindraj Ethiraj talks to Vivek Kumar of QuantEco Research as well as Rama Bijapurkar, consultant on all things consumer markets and director on boards of leading companies.SHOW NOTES(00:00) Stories Of The Day(04:12) High tax collections, base effect takes India Q3 GDP to 8.4%, beats all estimates.(14:23) Tata's lead Rs 126,000 crore worth semiconductor projects to kick off in next 100 days.(15:47) India's electronics exports to the US, as a ratio of China's, tripled last year. (17:21) Are Indian companies giving up on mass market products too soon in shift to premiumisation?(25:56) Why Hong Kong has had the world's worst-performing major stock market in a quarter of a century.For more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

In this episode of Market Minutes, Lovisha Darad talks about the key factors that will shape market movements on March 1. Some of the top stocks to watch in trade are auto stocks, Paytm, Adani Enterprises, and ICICI Bank. Globally, the NASDAQ Composite ended on a record note, while Asia-Pacific markets were also mostly higher after an in-line inflation print from US. Also, catch Rajani Sinha of CareEdge Rating on Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, key data points, and developing trends.

Today's Q3 GDP report caught several economists by surprise. GDP fell 0.3 per cent in the September quarter, lower than the predicted 0.2 or 0.3 percent growth forecasts had predicted. Across the whole year, GDP fell 0.6 percent overall, sparking more grim predictions. NZ Herald business editor at large Liam Dann says Luxon's inherited a long-running recession to address. LISTEN ABOVE  See omnystudio.com/listener for privacy information.

Call it what you will, this week it's all about money, and it's importance when it comes to the property market. Kicked off, due to Kelvin's article on the 10 things to know about mortgage debt right now, Nick and Kelvin detail how the cost and availability of credit truly make the property world go around. This is true for investors, first home buyers and other owner occupiers moving house as affordability remains squeezed due to high prices and high interest rates. Nick takes the opportunity to delve into the latest Buyer Classification series for each of the main centres and reveals some of the key differences. Kelvin also covers off the latest RBNZ data on how long borrowers are fixing their mortgage rates/payments for.The main thing to look out for this week is the Q3 GDP data, but our annual best of the best report will also be available from Wednesday.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Old Mutual Group chief economist Johann Els takes heart from what he has termed ‘privatisation by stealth'.

Reko Nare from Anchor Capital on where he's looking for value on the JSE into 2024. Keith McLachlan Integral Asset Management on Transaction Capital results as they shift strategy. Old Mutual's Johann Els on negative Q3 GDP data, are we on track for a technical recession?

There are a lot of narratives flying around right now regarding the economy, the stock market, recession risk, jobs, inflation and what's going to happen next year. Given the recent 5%+ Q3 GDP print and one of the best Novembers on record for both stocks and bonds, bulls are back to saying "everything is awesome" again & 2024 will be a great year for making money Bears on the other hand point to near-record levels of overvaluation, recessionary leading indicators and warn the inevitable arrival of the lag effect will see the economy in recession next year and the return of a bear market. When sentiment is full of such crosscurrents, it's prudent to seek the counsel of those who take. cold and calculated look at the data, to see what "is" vs what our biases may want us to see. Which is why we're fortunate to speak with macro analyst Wolf Richter of WolfStreet.com, who will share with us what the charts he regularly compiles are telling him about the true state of today's economy & markets. To learn what's in store for this new Thoughtful Money channel, SUBSCRIBE FOR FREE to Adam's new Substack at https://adamtaggart.substack.com/ #recession #inflation #economy

This is a narration of our weekly Rent and Operating Trends Report.The U.S. economy was given another boost last week as Q3 GDP was revised upward to an annualized rate of 5.2%, making the rate of growth last quarter more than double the rate for the first half of this year. Q3 was also the strongest quarter for economic growth since 2021 when the U.S. economy was still working through the volatile declines and subsequent growth resulting from COVID-19. Consumer activity remains healthy and the employment market continues its upward climb. November job growth will be released on Friday, but I expect another steady month of job gains. Weekly unemployment claims remain in line with long-term averages. Explore our webpage for more insights and resources:https://bit.ly/3XBKJGH.

South Africa's economy contracted by 0.2% in the third quarter due to a sharp fall in the agriculture, forestry and fishing industry. Declines in construction, manufacturing and mining also weighed. Business Day TV unpacked the print in greater detail with Gina SChoeman, Economist at Citibank.

After a market rally in November, what can we expect in December? In this episode, Kathy Jones and Liz Ann Sonders recap the week of Thanksgiving and discuss revisions to the Q3 GDP numbers. They also look toward the week ahead and the economic indicators they are watching. Kathy Jones interviews economist Jens Nordvig, founder of Exante Data and MarketReader. They discuss the trajectory for inflation, whether we can expect Fed rate cuts in 2024, the long-term investment in AI, and the state of the U.S. dollar, among other topics. On Investing is an original podcast from Charles Schwab. For more on the show, visit Schwab.com/OnInvesting.If you enjoy the show, please leave a rating or review on Apple Podcasts.Important DisclosuresThe information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision. All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed. Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.All corporate names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Supporting documentation for any claims or statistical information is available upon request. The comments, views, and opinions expressed in the presentation are those of the speakers and do not necessarily represent the views of Charles Schwab.Investing involves risk, including loss of principal.Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other factors.Treasury Inflation Protected Securities (TIPS) are inflation-linked securities issued by the US Government whose principal value is adjusted periodically in accordance with the rise and fall in the inflation rate. Thus, the dividend amount payable is also impacted by variations in the inflation rate, as it is based upon the principal value of the bond. It may fluctuate up or down. Repayment at maturity is guaranteed by the US Government and may be adjusted for inflation to become the greater of the original face amount at issuance or that face amount plus an adjustment for inflation. Treasury Inflation-Protected Securities are guaranteed by the US Government, but inflation-protected bond funds do not provide such a guarantee.Commodity-related products carry a high level of risk and are not suitable for all investors. Commodity-related products may be extremely volatile, may be illiquid, and can be significantly affected by underlying commodity prices, world events, import controls, worldwide competition, government regulations, and economic conditions.Currencies are speculative, very volatile and are not suitable for all investors.International investments involve additional risks, which include differences in financial accounting standards, currency fluctuations, geopolitical risk, foreign taxes and regulations, and the potential for illiquid markets. Investing in emerging markets may accentuate these risks.Diversification strategies do not ensure a profit and do not protect against losses in declining markets.The information and content provided herein is general in nature and is for informational purposes only. It is not intended, and should not be construed, as a specific recommendation, individualized tax, legal, or investment advice. Tax laws are subject to change, either prospectively or retroactively. Where specific advice is necessary or appropriate, individuals should contact their own professional tax and investment advisors or other professionals (CPA, Financial Planner, Investment Manager) to help answer questions about specific situations or needs prior to taking any action based upon this information.Past performance is no guarantee of future results and the opinions presented cannot be viewed as an indicator of future performance.The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.Indexes are unmanaged, do not incur management fees, costs, and expenses and cannot be invested in directly. For more information on indexes, please see schwab.com/indexdefinitions.(1223-39TS)

After covering positive market performance in the final week (Nov. 27-Dec. 1) of a very healthy November, DoubleLine Portfolio Managers Jeffrey Mayberry and Samuel Lau dive into the latest BIS paper on financial condition indices as the Topic of the Week (25:24). They go through the six indices that comprise the report, with a focus on the Goldman Sachs and Bloomberg indices that offer the most insight into U.S. economic performance. In their market review, Jeff and Sam talk about November's strong run in equities and fixed income, possibly assisted by Fed Chair Jerome H. Powell's cautious comments on the economy at the beginning of the month. The S&P 500 (1:06) experienced broad-based gains with energy the only one of 11 sectors to finish in the red. Fixed income's positive performance (4:11) was fueled by a rally in U.S. Treasury rates, and the Agg had its best month since May 1985. Commodities (8:29), as an asset class, did not participate in the boom. After taking Thanksgiving week off, there was a lot for MMM to cover in Macro Land (12:02), including the latest LEI print, labor numbers, home prices, a bumped-up Q3 GDP estimate and a PCE print reflecting strides in the Fed's inflation fight. In the Fedspeak roundup (19:53), Jeff and Sam appreciatively note the clashing and evolving hawkish and dovish stances of Fed officials reflecting a range of opinions. Next week's macro prints (34:53) will include the ISM services report and job numbers.

【停火延一天 哈瑪斯:嬰兒人質轟炸中身亡】 以色列和哈瑪斯最新協議，停火延長一天；哈瑪斯在第六天再釋放16名人質，哈瑪斯表示，只有10個月大的最小人質，已經在以軍轟炸中身亡。 大陸網約車龍頭滴滴出行，27日大當機，癱瘓12小時，估計損失四億人民幣，分析坦言系統漏洞可能造成數據外洩；另外，阿里巴巴的雲端服務"阿里雲"，也發生本月第二次當機，波及大量中美客戶。 美國第三季GDP報喜，季增率上修至5.2%，優於市場預期，表現強勁；歐元區最大經濟體德國，也正在脫離衰退，11月通膨率放緩至2.3%，創2021年6月以來最低。

Discontinued in 2004, the clamour for the restoration of the old pension scheme has been growing. And approaching elections have made it louder. With some opposition-ruled states implementing it, ruling BJP, it seems, is also in a quandary. Senior BJP leader Amit Shah promised last week that the party will deliberate on restoring it once the panel formed to look into its merits submits its report. Find out if the old pension scheme is on its way of making a comeback. This issue of the Old Pension Scheme is indeed keeping the government in a bind. It has to choose between fiscal prudence and populism. But it seems, the government has finally made its mind on another tricky subject. It has reportedly given a green signal to Tesla. The approval process to welcome Elon Musk's company to India by next year is being expedited. So, have the stars aligned for Tesla's India entry?  Indeed, Tesla needs India and the country needs Tesla. Moving on, after rallying for four straight weeks, the Sensex and Nifty are within a striking distance of their record highs. A host of domestic factors, including the Q3 GDP data, could sway the markets in the holiday shortened week. So, what should be your trading strategy?  But the market experts are also keeping a close eye on the ongoing Israel-Hamas war. Recently, Houthi rebels hijacked an Israeli ship in the Red Sea, a move which stoked fear of escalation of the clash. But who are the Houthis? Listen to this episode of the podcast for answers. 

Equity markets tried to advance on Wednesday but could not hold the gain. The result is another day of sideways trading near recent highs in a string of sideways moves that are beginning to look like a frothy market top. Wednesday's action was driven by a hotter-than-expected revision to Q3 GDP and reinvigorated fear of higher interest rates for longer. Without a catalyst to drive it higher, the odds are high that the S&P 500 will begin to correct soon. The indicators point to an overbought market and waning momentum about to swing into negative territory. Such a move would confirm a bearish sentiment with the index trading at critical resistance and could lead sellers into the market. One potential catalyst will be released today, the PCE price index, and the next FOMC meeting is only 2 weeks away.

Today's Post - https://bahnsen.co/3N5Ec4C A mixed but ultimately flat day of trading in stocks following another decent move up in bonds as the 10 Yr came down another 8bps to 4.26%. Hard to believe we were north of 5% just last month. I was actually expecting yields on 10's to pick back up after a better than expected upward revision to Q3 GDP mid morning, but this bond market is dead set on lower rates in 2024. All eyes will be on the inflation read tomorrow with PCE to see if that changes the narrative. If the seven largest US technology companies were its own sector it would make up 18.2% of the market cap of the MSCI World Index and account for only 10% of the earnings. In comparison, the entire Financials sector in the MSCI World index equates to three precent less at 15.1% by market cap, but makes up over twice the earnings at 21.9%. Valuations may be a poor timing tool short term, but they do matter longer term and the multiple expansion in tech we have just seen can be easily disappointed if lower rates don't keep pace next year. Links mentioned in this episode: TheDCToday.com DividendCafe.com TheBahnsenGroup.com

1.Markets are trading higher today after the . The catalyst for the move higher was from the second estimate for Q3 GDP showed real GDP increasing at an annual rate of 5.2%. This number was expected to be strong but was better than expected. Later today, the Fed's Beige Book will be released at 2pm ET. 2. The Russell 2000 Index (IWM) is the big winner so far today. As many of you know, when the small caps lead markets it tells us that risk is on. That is the case today. 3. Oil has been ticking up this week ahead of the OPEC meeting. Apparently, OPEC is looking for OPEC+ to cut production. We don't know if that is going to happen. Either way, the chart is telling me crude is going down to the $69-70 level. 4. Gold has been a powerhouse lately. Yesterday, the precious metal surged and today it is slightly higher. Please understand, gold has not broken out yet, but it is getting close. 5. Bitcoin is pulling back a little today, but it does not seem as if anything is wrong yet.The daily chart is fine and the short term trend is up. Visit Nick at: https://InTheMoneyStocks.comThis show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4295686/advertisement

October 2023 proved to be a challenging month for the stock market. Various factors, such as geopolitical tensions, inflation fears, earnings disappointments, and the Federal Reserve's policy, caused the market to suffer a decline in sentiment and confidence. What are the projections for the market's performance for the remainder of the year? In this episode, Carson's Chief Market Strategist, Ryan Detrick & VP, Global Macro Strategist, Sonu Varghese talk about the recent market correction and its potential as a healthy adjustment. They explore how geopolitical risks may have influenced the market and remain optimistic about a year-end rally. Additionally, they speculate on the Federal Reserve's actions. Ryan and Sonu discuss:  The recent stock market correction, its causes, and the potential for a rebound Previous bear markets and their impact on market returns The resilience of the economy despite challenges like the pandemic McDonald's positive earnings despite price increases, indicating consumer demand and potential economic signals The US economy's growth post-pandemic with other countries The better-than-expected Q3 GDP growth The increase in government spending and defense spending Three lesser-known positive indicators in the economy The Federal Reserve's upcoming meeting and the likelihood of a rate hike And more! Resources: Talking Macro with Neil Dutta (Ep. 47) Talking Investing Lessons with Cliff Asness (Ep. 55) Talking About the Bond Bear Market with Daniel Ivascyn (Ep. 57) Connect with Ryan Detrick:  LinkedIn: Ryan Detrick Connect with Sonu Varghese:  LinkedIn: Sonu Varghese 

This is a narration of our weekly Rent and Operating Trends Report.U.S. economic growth is gaining momentum following a very strong initial estimate of Q3 GDP. The broad measure of economic output showed the economy expanding at a 4.9% annual rate, more than double the growth rate from the first half of the year. Despite higher interest rates throughout the quarter, the American consumer continued to spend. Inventory growth also helped push GDP growth higher. The Fed will meet this week, and while GDP and inflation are not directly linked, the rapid growth in economic activity combined with strong consumer activity could encourage the Fed to increase interest rates again.Oil prices have come down in recent weeks, falling roughly $10 from a recent peak at the end of September. I expect the normalization of oil prices to lead to lower inflation in the coming months. As the U.S. economy continues to stabilize and grow, global risks appear to the be only dark cloud on the horizon at this point. Escalating tensions in the middle east could weigh on the domestic economy, but given the current strength, I do not expect a major economic slowdown.Apartment fundamentals continued their steady decline last week, with occupancy and rent leading the way. Occupancy fell another 5 basis points and is now firmly below 94% nationwide. Net effective rent fell another 20 basis points last week and nationwide, rents are down $33 from the mid-summer peak. Leading indicators, including traffic and leasing have remained flat.Explore our webpage for more insights and resources:https://bit.ly/3XBKJGH.

Today's research from The Conference Board shows US consumer confidence declined moderately in October—a trend C-Suite executives will want to watch. Consumers are particularly concerned about rising food and energy costs.   In this episode of CEO Perspectives, Dana Peterson, Chief Economist, joins Erik Lundh, Principal Economist, both of The Conference Board, to discuss newly released data on consumer confidence in the US.    Tune in to find out:  · What is the main message the C-Suite should take away from today's US Consumer Confidence Index?   ·  What caused the movement in the overall confidence index?  · What is The Conference Board's forecast for the US economy, and does it match consumers' expectations?  · How will rising consumer debt affect the financial sector?           For more Trusted Insights for What's Ahead:  · The Consumer Confidence Index for October 2023  · Q3 GDP expands by an unsustainable 4.9 percent 

Investing Volatility A recent client survey by Charles Schwab produced some viable insights during difficult times like this. Over the longer term 33% of investors attributed their greatest investing success to patience through volatility. It is hard to patient during the ups and downs, but the reality is when holding good quality investments, it has proven to always be the right thing to do. Unfortunately, patient doesn't mean 2-3 months and sometimes it may mean 2-3 years. The funny thing is that even though that patience has always paid off, our emotions lead us to want to sell at the worst times and many people end up doing so costing themselves drastically in the long term. The second most cited reason for clients' greatest investing success was careful research which came from 16% of respondents. We always tell people that before we step in and by a company, it's at least 10-15 hours of research. This doesn't mean you won't have volatility, but it does give you more comfort in knowing and understanding your investments during the difficult times which allows you to be patient. The biggest culprit for an investors worst investment was lack of research with 20% saying this was the cause. This doesn't surprise me as many people are quick to jump into the hype or invest in something because a friend or family member thought it was a good idea. Unfortunately, like the survey shows we have seen this work out poorly for many investors. Another big culprit for the worst investment was high risk with 13% of respondents citing this reason. In today's society people want to try and make a quick return, but that is not how investing works. People want to try and get big returns and they end up losing massively. We tell our client's a reasonable target should be around 8-12% in the longer term. Anything in excess of this and you are likely taking big risks that could put your portfolio in jeopardy.   PCE There wasn't much in the Personal Consumption Expenditures Price Index (PCE), which is the Fed's preferred measure for inflation. The headline number was up 3.4% which was the same as last month. The core PCE, which excludes food and energy was up 3.7% and was one-tenth lower than the reading in August. Core PCE hit a peak around 5.6% in early 2022. With the aggressive increase in short term rates, the recent increase in the 10-year treasury, and the resumption of student loan payments likely slowing the economy somewhat I still believe the Fed should allow these hikes to sink in and evaluate where we stand in the coming months.   Recession It is interesting how many people believed we were going to see a recession in 2023, but yet the numbers keep proving the doubters wrong. Today's Q3 GDP report showed annualized growth of 4.9%, which topped the estimate of 4.7%. It's important to point out that this report does account for inflation. The primary driver of growth here was the consumer as spending increased 4% in the quarter and accounted for 2.7 percentage points of the total GDP increase. Both goods and services saw nice increases as spending grew 4.8% and 3.6%, respectively. Gross private domestic investment also saw a major increase of 8.4% and accounted for 1.5 percentage points of the total GDP increase. Within this category the change in private inventories was the major contributor as it accounted for 1.3 percentage points of the headline number. Government spending and investment also grew 4.6% and accounted for 0.8 percentage points of the headline number. The only detractor in the report was trade as the net exports of goods and services took away 0.08 percentage points from the headline number. While I believe this will likely be the highest GDP report we see for some time, I do believe we can still avoid a recession as the consumer remains in a good spot.   Financial Planning: Annuity Sales Continue to Grow As market volatility continues, annuity sales continue to climb. Last quarter annuity sales hit $89.4 billion which is an 11% increase over the 3rd quarter of 2022, according to LIMRA. Sales reached a record in 2022 and that record may be beat in 2023. This is common during times of uncertainty in the market as investors and retirees look for safer places to put their money and many advisors are happy to sell them. This can feel more comfortable in the short term, but typically leads to underperformance in the long term. Retirees must remember that inflation and longevity risk, in addition to market risk, need to be factored into their retirement income plan. Annuities reduce portfolio volatility and can provide peace of mind at the expense of performance. Even in retirement, assets need to grow to outpace inflation and provide income, and lower performance increases the risk of running out of money too soon.

When it comes to economic data, context matters. In this episode of the Friday Gold Wrap, host Mike Maharrey explains how the Fed, many mainstream economists, and financial network talking heads get a lot wrong because of bad data, shoddy economic frameworks, and ignorance of history. Along the way, he covers the GDP and the latest price action for gold. You can visit the show notes page here: https://bit.ly/3FyCkwR Tune in to the Friday Gold Wrap each week for a recap of the week's economic and political news as it relates to gold and silver, along with some insightful commentary. For more information visit https://schiffgold.com/news. TOPICS DISCUSSED - Economic data needs economic context - Some common sense would be nice - How the CPI formula understates healthcare costs - Q3 GDP comes in strong - Is the consumer really "resilient? - Comparing 2007 with today - Gold knocks on the door of $2,000 - Chinese gold demand is hot

·       Q3 GDP expands by 4.9% in U.S.·       Nasdaq Composite Index enters correction territory ·       European Central Bank, Bank of Canada hold rates steady DisclosuresThese views are subject to change at any time based upon market or other conditions and are current as of the date at the top of the page.Investing involves risk and principal loss is possible.Past performance does not guarantee future performance.Forecasting represents predictions of market prices and/or volume patterns utilizing varying analytical data. It is not representative of a projection of the stock market, or of any specific investment.This material is not an offer, solicitation or recommendation to purchase any security. Nothing contained in this material is intended to constitute legal, tax, securities or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type.The general information contained in this publication should not be acted upon without obtaining specific legal, tax and investment advice from a licensed professional.  The information, analysis and opinions expressed herein are for general information only and are not intended to provide specific advice or recommendations for any individual entity.Please remember that all investments carry some level of risk. Although steps can be taken to help reduce risk it cannot be completely removed. They do no not typically grow at an even rate of return and may experience negative growth. As with any type of portfolio structuring, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns.Investments that are allocated across multiple types of securities may be exposed to a variety of risks based on the asset classes, investment styles, market sectors, and size of companies preferred by the investment managers. Investors should consider how the combined risks impact their total investment portfolio and understand that different risks can lead to varying financial consequences, including loss of principal. Please see a prospectus for further details.Indexes are unmanaged and cannot be invested in directly.Copyright © Russell Investments Group LLC 2023. All rights reserved.This material is proprietary and may not be reproduced, transferred, or distributed in any form without prior written permission from Russell Investments. It is delivered on an “as is” basis without warranty.CORP-12341Date of first use October, 2023

Carl Quintanilla, Jim Cramer and David Faber discussed how investors should navigate the"tech wreck" on Wall Street -- with Nasdaq in correction territory, Meta shares falling despite a Q3 beat andAlphabet extending its sharp post-earnings decline. The UAW and Ford reached a tentative agreementnearly six weeks after the union began walkouts against Detroit's "Big 3" automakers. The CEOs of  Southwest Airlines and ServiceNow joined the program to discuss their companies' respectivequarterly results. Also in focus: Q3 GDP at 4.9% growth, earnings winners and losers, Morgan Stanley selects Ted Pick to succeed James Gorman as CEO, Silver Lake explores taking Ari Emanuel's Endeavor private. Squawk on the Street Disclaimer

(10/26/23) Q3 GDP grew at an annual rate of 4.9% in the 3rd Quarter: It's not uncommon to see an economic uptick in economic activity prior to a recession; however, not all is rosy: bankruptcies are surging. Wednesday was not a pretty day in markets, with confirmation of a break of support at the 200-DMA. Market expectations for GDP and the effects of inflation; what are the ramifications? The regional bank problem was a problem for all banks. Banks matter because we are a credit-driven economy. Lag effects generally take 5 to 9 quarters to emerge. A Zero-deficit = negative GDP. Government debt and deficits reduce economic growth. Market correction is underway, as predicted, and there is concern for markets for 2023. How best to reposition portfolios; what earnings are telling us. Bond vs stocks, Value vs Growth stocks next year? The Fed is predicted to do nothing at next week's meeting; high interest rates are doing the Fed's work. Bill Gross: Economic deterioration is worse than people think; what are economists seeing? Pay attention to more recent data, like credit card spending and jobless claims. The problem with inflation is how it is measured. SEG-1: Q3 GDP Preview SEG-2: Why Banks Matter; A Credit-driven Economy SEG-3: What Corporate Earnings are Telling Us SEG-4: Previewing Powell Hosted by RIA Advisors RIA Advisors Chief Investment Strategist Lance Roberts, CIO Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=cC5qe2kFcuI&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=19s -------- The latest installment of our new feature, Before the Bell, "Markets Confirm the Break of the 200-DMA" is here: https://www.youtube.com/watch?v=nKXG1bfgj20&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "Are Gloom & Doom Scenarios Correct?" https://www.youtube.com/watch?v=xkkkIJacQWE&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Articles Mentioned in this Show: "Real Rates Drive Stock Prices" https://realinvestmentadvice.com/real-rates-drive-stock-prices/ "The Pain Trade Is Higher Into Year-End" https://realinvestmentadvice.com/the-pain-trade-is-higher-into-year-end/ "Surging Deficits – The Bear's New Meme" https://realinvestmentadvice.com/newsletter/ ------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- Watch our past Candid Coffee: https://www.youtube.com/watch?v=Sdi_-TQpNb8&list=PLVT8LcWPeAugq7q4XzOcad3oSN5Z1Zd-Z&index=1&t=2s ------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #EarningsSeason #InterestRates #FederalReserve #ConsumerSpending #Employment #EconomicData #Markets #Money #Investing

(10/26/23) Q3 GDP grew at an annual rate of 4.9% in the 3rd Quarter: It's not uncommon to see an economic uptick in economic activity prior to a recession; however, not all is rosy: bankruptcies are surging. Wednesday was not a pretty day in markets, with confirmation of a break of support at the 200-DMA. Market expectations for GDP and the effects of inflation; what are the ramifications? The regional bank problem was a problem for all banks. Banks matter because we are a credit-driven economy. Lag effects generally take 5 to 9 quarters to emerge. A Zero-deficit = negative GDP. Government debt and deficits reduce economic growth. Market correction is underway, as predicted, and there is concern for markets for 2023. How best to reposition portfolios; what earnings are telling us. Bond vs stocks, Value vs Growth stocks next year? The Fed is predicted to do nothing at next week's meeting; high interest rates are doing the Fed's work. Bill Gross: Economic deterioration is worse than people think; what are economists seeing? Pay attention to more recent data, like credit card spending and jobless claims. The problem with inflation is how it is measured. SEG-1: Q3 GDP Preview SEG-2: Why Banks Matter; A Credit-driven Economy SEG-3: What Corporate Earnings are Telling Us SEG-4: Previewing Powell Hosted by RIA Advisors RIA Advisors Chief Investment Strategist Lance Roberts, CIO Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel:   https://www.youtube.com/watch?v=cC5qe2kFcuI&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=19s -------- The latest installment of our new feature, Before the Bell, "Markets Confirm the Break of the 200-DMA" is here:  https://www.youtube.com/watch?v=nKXG1bfgj20&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "Are Gloom & Doom Scenarios Correct?" https://www.youtube.com/watch?v=xkkkIJacQWE&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Articles Mentioned in this Show: "Real Rates Drive Stock Prices" https://realinvestmentadvice.com/real-rates-drive-stock-prices/ "The Pain Trade Is Higher Into Year-End" https://realinvestmentadvice.com/the-pain-trade-is-higher-into-year-end/ "Surging Deficits – The Bear's New Meme" https://realinvestmentadvice.com/newsletter/ ------- Get more info & commentary:  https://realinvestmentadvice.com/newsletter/ -------- Watch our past Candid Coffee: https://www.youtube.com/watch?v=Sdi_-TQpNb8&list=PLVT8LcWPeAugq7q4XzOcad3oSN5Z1Zd-Z&index=1&t=2s ------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #EarningsSeason #InterestRates #FederalReserve #ConsumerSpending #Employment #EconomicData #Markets #Money #Investing

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每天早晨8:30 讓我們一起解讀財經時事 參加財經皓角會員 : https://yutinghao.finance 主持人：游庭皓（經濟日報專欄作家、小一輩財經人話翻譯機） 音頻收聽請在Podcast或Soundcloud搜尋『游庭皓的財經皓角』 Telegram: https://t.me/yu_finance 我的粉絲專頁:https://reurl.cc/n563rd 網站參加會員手冊 https://reurl.cc/WG7vd7 歡迎來信給小編幫您處理 jackieyutw@gmail.com """"" 打賞網址 ：https://p.ecpay.com.tw/B83478D """"" 《早晨財經速解讀》是游庭皓的個人知識節目，針對財經時事做最新解讀，開播於2019年7月15日，每日開盤前半小時準時直播。議題從總體經濟、產業動態到投資哲學，信息量飽滿，為你顛覆直覺，清理投資誤區，用更寬廣的角度帶你一窺投資的奧秘。 免責聲明：《游庭皓的財經皓角》頻道為學習型頻道，僅用於教育與娛樂目的，無任何證券之買賣建議。任何形式的投資皆涉及風險，投資者需進行自己的研究，持盈保泰。

US equity futures are indicating a lower open as of 04:45 ET. This follows a mixed Asian session, whilst European equity markets are lower in early trading. The macro focus in Europe on firmer-than-expected UK inflation data. China macro releases saw Q3 GDP better than expected, while activity data mostly beat. Country Garden dollar coupon deadline due on Wednesday also remains an overhang with no reports bondholders have received payment.Companies Mentioned: CVC, Nexi, Illumina, Apple, Country Garden

Carl Quintanilla, Jim Cramer and David Faber reacted to Sam Bankman-Fried's return to U.S. soil after being extradited from the Bahamas. The founder of FTX set to be arraigned in federal court as he faces criminal fraud charges related to the collapse of his crypto exchange. The anchors also discussed comments from billionaire investor David Tepper after he told CNBC he is "leaning short" on equities. Also in focus: Micron dragging semiconductor stocks lower after quarterly results missed expectations and the company announced job cut plans, Q3 GDP revised higher, the NFL and YouTube strike a "Sunday Ticket" deal, Carmax tumbles, AMC plunges after announcing a capital raise, plus Tesla's stock slump: A buying opportunity?

Nick Hopwood is a certified financial planner and founder of Peak Wealth Management. Q3 GDP was revised up and Q4 GDP is expected to be in the 3.4% range and jobs have remain strong, and markets have started to  recover over the last 8 weeks.  

*NEW ITEM!* Purchase my newest book! "15 Conversations with Real Estate Millionaires" https://amzn.to/3CGOWOU

Q3 GDP is revised up from 2.6 to 2.9 percent; Conventional mortgage loan limits cross above $1 million in some markets; 127,000 jobs added to private payrolls in November, ADP says; Job openings edge down to 10.3 million To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

(11/30/22) A bevy of Economic reports could move markets today, but the biggest factor may well be what Fed Chairman Jerome Powell has to say this afternoon. Personal Spending and the second estimate of Q3 GDP are released this morning. Powell's speech is the last public commentary before the Fed moves into a two-week blackout period ahead of their December 14 FOMC meeting, at which the next interest rate announcement will be made. Questions hoped to be answered today include, 'are we making enough progress on dimming inflation for the Fed to start slowing the pace of rate hikes?' or, does the Fed remain more concerned about tight labor markets and the rate of inflation, portending a continuation of aggressive rate hikes? So, have markets been setting up for disappointment ahead of the speech today? Markets have sold off the past two days following that nice pre-Thanksgiving rally. A triggering today of the MACD Sell signal could result in some profit taking. Lots of support remains, however, at the 50-DMA and 100-DMA. A pullback over the next couple of days would not be a bad thing, allowing markets to work off some of its over-boughtedness (yes, I made up that word), and setting up for whatever potential year-end rally might occur. Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our YouTube channel: https://www.youtube.com/watch?v=dKvnAJ2F3Mg&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 ------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #JeromePowell #FederalReserve #InterestRateHikes #MarketSupport #MarketRisk #Markets #Money #Investing

This week, I've got 3 major financial headlines for you.. First up, the last 2 weeks of October saw a bear market rally - what does that mean, what's behind it, and does that mean the market has seen its bottom? Next, last week we got the first estimate for Q3 GDP, and it was a pleasant positive surprise… does that mean the economy isn't as bad as many believe? Then, we are also in the height of Q3 earnings season - what are companies saying about what to expect in the months to come? … After that, we will take a deep dive into how to find scholarships for college with scholarship expert and author, Jean O'Toole. While everyone else is waiting on the courts to decide on student loan forgiveness, let's talk about something that you can control - how to get scholarships for college. Be sure to tune in for her special offer just for Family Finance Moms! For more on this week's market update: https://familyfinancemom.com/how-to-get-scholarships-for-college/ For more on this week's guest, Jean O'Toole, Author Scholarship Strategies: www.Connections101.com Scholarshipstrategiesteam@gmail.com www.instagram.com/scholarshipstrategies/ http://journeydance.com/jean-otoole https://www.amazon.com/Scholarship-Strategies-Finding-Winning-Money/dp/1642794821 https://twitter.com/scholarshipjean ___________________ Follow Family Finance Mom everywhere... Instagram: https://www.instagram.com/familyfinancemom/ Twitter: https://twitter.com/financemom1 Get weekly newsletter here: http://eepurl.com/gblbY9 --- Send in a voice message: https://anchor.fm/familyfinancemom/message

· Big losses following Suckers Rally in Bitcoin and stock market. · The Fed will pivot when the economy starts to buckle. · Atlanta Fed lowers their estimates for Q3 GDP. · Silver may be showing a silver lining in gold's cloud. · We're likely nowhere near a bottom in the stock market. · One of these Mondays will be a Black Monday. · Bond market may crash harder than stocks. · Bond market crash has implications well beyond the stock market. Thanks Ladder. Go to https://ladderlife.com/gold today to see if you're instantly approved. Join my Locals community to get The Peter Schiff Show ad-free and a day early! Plus get access to special live reports and Q&As. Visit https://schiffradio.com/premium to become a member. Invest like me: https://schiffradio.com/invest RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Follow me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://Instagram.com/PeterSchiff

Tom welcomes back Michael Pento, President and Founder of Pento Portfolio Strategies, to the program. Michael discusses how the bear market is here to stay, and the next phase is coming. We've only experienced the opening salvo. Wall Street will soon realize that earnings are in decline. We're in a global recession with hawkish global central bankers. The market bottom might be around 3300 on the S&P but that is optimistic. Total equity valuations remain considerably overvalued, and they need to correct to fair value. The yield curve is more inverted than any time in the last forty years. This normally signals recession, and this time is no different. The Fed is buying all the assets, causing interest rate repression. There is no mystery as to the causes of inflation, it's money printing. The Fed has to raise rates to four percent by March 2023. Michael says, "The fact the Fed thinks they can get to four percent and do 95 billion a month in QT is asinine." The Fed is having a very difficult time controlling inflation, and now they don't care what happens to the economy. They cannot pivot, they have to regain credibility. This will be one of the deepest recessions we have ever seen. The Fed really has no clue about anything, especially the causes of inflation. There has been almost no job creation this year. We're seeing inventories build, which is boosting Q3 GDP, but that won't last. Inflation is a massive embarrassment to the Fed, but they will destroy the economy and markets to accomplish it. Government is fighting inflation by giving away more money and cancelling student debt. More money isn't going to make college more affordable. They are just creating more demand for services, which will just cause prices to rise further. Subsidies do not fight inflation. We need to increase the supply of goods and services by improving productivity. We've done everything we could to kill productivity through the pandemic. Tax receipts always fall in recession, and debt service payments are increasing quickly for the government. The national debt is skyrocketing, and a fair interest rate would probably be in double-digits. There are no easy answers in the current system. The negative effects of the rate hikes have barely begun to be felt. Inflation always peaks during recession, don't listen to the pundits who claim we've peaked. The four horseman of the economic apocalypse are cash, U.S. sovereign debt, the dollar, and shorts. If you own those four things, you will probably not lose money in this bear market. You might even make money. It's clear we're heading to a liquidity crisis. You want flexibility in this environment. When rates and the dollar begin to fall sometime in 2023 you will see gold rally. Time Stamp References:0:00 - Introduction0:34 - Bear Market Starting4:39 - Bonds, Spreads, & Banks11:40 - Targeting Inflation15:42 - Indicators & Fed Reliance19:20 - Government Insults22:00 - IRS Growth & Taxes28:33 - The Peak of Inflation30:52 - Economic Apocalypse33:45 - Gold & Positioning38:10 - Wrap Up Talking Points From This Episode: Outlook for the markets and why the bear isn't going away.Why the Fed's is cornered and it's policies asinine.Inflation and why it always peaks during recession.The four safe havens of the economic apocalypse. Guest Links:Website: http://pentoport.comE-Mail: mpento@pentoport.comTwitter: https://twitter.com/michaelpento Michael Pento is the President and Founder of Pento Portfolio Strategies, with over 27 years of investment experience. He was the portfolio creator and consultant to Delta/Claymore's commodity portfolios that raised over $3 billion, distributed through Claymore/Guggenheim's sales network. He is the author of the book "The Coming Bond Market Collapse" and has a weekly podcast called "The Mid-week Reality Check."