Is the market top in for equities? Comment below and don't forget to subcribe! Deposit $100 to get 7 free fractional shares of the "Magnificent 7 Stocks" and 5.1% APY on your uninvested cash: j.moomoo.com/00C2rl FOLLOW MILTON BERG: Milton Berg Advisors: www.miltonberg.com/ Twitter (@BergMilton): twitter.com/BergMilton
Yes, I believe so. Just looking at the charts of individual stocks, they have gone straight up exponentially. Even with a 50% correction, they would still not be at prices that would be good. The saturation of stocks with liquidity has to be over. It's absurd in my opinion
Milton Berg is my favorite commentator and analyst bar none. Amazing analysis and no beating around the bush either. I love this guy cuz he tells it like it is. Amazing!
As a newbie about to invest, you must have these four things in mind 1. Have a long term mindset. 2. Be willing to take risk. 3. Be careful on money usage, if you're not spending to earn back, then stop spending. 4. Never claim to know - Ask questions and it's best you work with a financial advise like Rolando Diaz....
Thanks for the video. I finally established a way to increase my net income per month. My 2024 goal is to pay off the house by Sept 2024 (8 years total into a 30 year @ 4%). I have no debt other than mortgage. My 401k, HSA, IRA and emergency funds get maxed out. The mortgage is my last piece of debt left. I don't have any school loan or CC debt. I've made a lot of sacrifices over the years.
it's not him predicting a deflation, Mike maloney is predicting it as well, David hunter... but after that they say inflation will come back with a vengeance, 2 digits
18:29 "Where did the Fed get the idea that 2% inflation is ideal. It makes absolutely no sense. The ideal is 0% inflation." THANK YOU. I've been telling everyone this but few seem to get it.
If you read the history on it, it's essentially an arbitrary figure. As David correctly points out, the 2% inflation target figure was mentioned during an interview by a finance minister of New Zealand, and other Central bankers decided that the 2% figure had a nice ring to it. And adopted it. The New Zealand finance minister essentially pulled that figure out of his azz in response to a question, but it stuck. Even he was surprised that the 2% figure was adopted.
Inflation is a tax on poor people who normally don't pay income taxes and are a net negative on the system. 2% inflation ensures the government debt is steadily devalued overtime while increasing the price of assets--whom the upper class own.
Milton correctly called the top 2:00 bull mkt ended 3/2024 3:45 turned bearish Feb 8, short list; speculative stocks turn on peak momentum, not wkly, now beginning of bear 9:30 deflation ahead 11:50 every deflation crisis begins with debt 12:50 deflation in housing, wages 13:40 evidence for recession, spending increasing but not incm 14:25 recession begins when yld curve inverts then disinverts 16:25 fed has not cut, worse forecaster
Wish you would've asked him: "If we go into a recession / deflation, wouldn't governments immediately ease financial conditions by lowering rates and ending QT / restarting QE?" He would likely answer yes, so: "Ok, why don't you think loosening financial conditions would support markets?" The thing is the Treasury and the FED act lightning quick now. Remember when banks were beginning to fail in March of '23? Treasury and FED worked together and came up with the BTFP in less than 72 hours. Poof, fixed. Seems obvious that any shocks to both equities and bonds will elicit similar responses, especially in an election year...
You seem to cut out several portions of this video, why would you do that? He was explaining the cycles and you seem to cut that out. He was talking on FED keeping the currency and you cut that out
@dumbcat we are in a fiscal dominance regime, where you can bet the politicians will continue to spend at an alarming rate, similar to a banana republic. Government spending is almost 40% of GDP and is only going to get worse unless you trust the politicians to do the right thing ?
Why did you cut the interview when he's speaking about the most interesting thing, market, economic cycles. He's by far the best guest I've listened to on your channel.
Milton is always a breath of fresh air from all the talking heads and coked up finfluencers. He's always calm and humble, yet deeply knowledgeable. I also appreciate that he always wears a proper tie, which I interpret as a sign of respect for his profession.
He is 100% correct but his time scale is out. There is still gov spending. When the deficit spending stops there will be deflation. But it is some way off. The politics is government borrows and spends more. What stops this.
Well, I picked the challenge to put my finances in order. Then I invested in cryptocurrency and stocks, through the assistance of my discretionary fund manager
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional
I love the fact he explains that people don't like to hear about his Cycles work and when he comes to explain in a bit more detail it is suddenly edited out !
super interesting. plz ask milton to slow down his communication cuz unless your a new yorker he can be a little difficult to understand. thx david great review
The Great Bull Market consists mainly of the Magnificent 7... and many other related to the tech stocks... but the majority of other stock sectors have already been in a bear market over the past couple years... So is he saying all stocks will flip to a Bear Market or only the hi-flying tech stocks?
I think you could call the runup in Mag 7 stocks a glorified bear market rally. The beginning of a new bull market always includes small caps and as Milton said that just hasn't happened.
I didnt understand his point of the government has to pay back the debt because we have a true monetary system? If they did, the debt wouldn’t be ever growing? They are paying down old debt with new debt, and also adding to the total debt? Appreciate someone explaining it, if I’m missing something?
Thank you, David Lin, for introducing me to the inimitable Mr. Berg. He is the Baron of Bear Markets. Anyone who thinks that we need a Fed should consider that the nation grew more dyamicallly and with greater stability when there was no national bank. The recessions of the 1830s, 1850s and 1870s were milder than the 1930s, 1970s, and 2009, and they were much less harmful to the average American. Net immigratoin into the US continued during the 1870s but not during the 1930s. During the second half of the 19th century Americans were increasingly wealthy, and the wealth was more evenly distributed than it has been under the Fed. As Arthur Schlesinger argues in The Age of Jackson, the workingmen of the 1830s recognized that the banks posed a threat to their wages and that a national bank was the worst threat of all. They had a better undersztanding of economics than the quacks who dominate today's universities.
Thanks David for continuing to pursue Berg's rationale for his BTC position. Little by little, he began to slowly enumerate the reasons why BTC is a superior store of value, but he does not yet seem to understand Bitcoin's superior settlement mechanism, among other things. It is hard to imagine that he has ever read and understood The White Paper. Surprising, given his criticism of other analysts not doing their homework.
Excellent interview, David. Milton is one of the best analysts and has very compelling arguments supporting his thesis. Thoroughly enjoyed the discussion. Thank you.
It’s almost like we all expect higher inflation not 2% anymore so why wouldn’t people load up on stocks ect at this point it makes no sense to not hold equites ect while government is constantly printing
Yeah that’s what I don’t understand either. Also, a lot of foreign investors are buying American stocks right now because China and Europe’s markets are in much worse shape.
Milton makes a lot of sense, and there is suprising amount of bullishness, and I don't recall a time, where everyone was calling the market a bull market since, 1999.
Agree. Very likely we r headed for a decade long bear market in all western assets. It will be a period of geopolitical n currency changes. Within US this is the chance to do the long-needed economic n social n government reforms. If we succeed, US will be on a long-term sustainable growth path in a decade. But we must take the pain 1st n do the adjustments. From investing pov, sell all US, european equities n bonds. Go long gold n hard assets. Go long emerging market stocks n their currencies like India n Brazil. Keep some powder dry n pick up great deals within the US when asset prices crash over the next 10 years as the US has great long term potential.
This guy didn't consider international politics at all. All his analysis is based on the last 100 years of market movement while the US was the dominating growth engine. My hunch is either there is a war or great devaluation of both US dollar and US equity.
I agree but depends on currency pairs. Reversal of last 50 year trends means: USD could rise against other western currencies such as euro n Japanese yen. But USD will fall against "emerging" markets such as India Brazil, developing Asia. This is where money will be made over next 20 years. Go long non-western stocks n currencies like India. Go long gold n physical assets. Get out of all western assets over next 10 years. If US can successfully do the needed reforms, it will be a good time to pick up cheap western assets as they crash. Because US still has good long-term potential as long as it take take the economic n social adjustments.
Western world is debt ridden and aging. The rest of the world is also debt ridden and aging…but they don’t have a welfare system as crazy as western world and they are not as old as the western world. A thought from South Korea
He uses thousands of self made indicators that some may only fire 1 time and never again. Hes been in the game for so long worked with anyone who's anyone duds the man.
He might actually. He actually includes lunar moons in his analysis. I think he said before some of his data goes back 1000 years. so would bet he has a way to capture geo political.
Markets never move on war, political instability or economic conditions. These are all reasons given to justify the bull or bear run. During wars markets have been bullish historically and bearish during healthy economy. Makers move on cycles since 100 years
🙏🏼 thank you gentlemen. Always interesting to look at a topic from many different directions. The big question is always: ‘when’ or ‘what would be the cue’.
Guest mentioned all debt has to be repaid and it is deflationary. Couldn’t the government just borrow at 0% and spend it on paying old debt and new spending to keep the system going forever essentially?
Main question I have is what happens when the US can’t sell the debt and no one is buying? Is Yellen going after 401ks making buying treasuries mandatory?
... so the polar opposite view of your recent guest analyst David Hunter. Would be interesting for you to chair a three way video where these two analysts can put their case forward for viewers to decide who is more likely correct and where they might agree?
I can’t believe what I’m hearing. “all the other economists are wrong, and I am shorting the market because the government is going to pay down their debt.”
paying down the debt is deflationary, but if you are able to spend, ignite inflation, continue to borrow while inflation is ongoing, you have a strong incentive to do this as long as possible to inflate away your debt in real terms before paying back. His education misses the cumulative temporal component of the inflation/deflate cycle. If you manage an average maturity of 5-7 years and an avg (until recently) 2% cost of debt , and inflation is 5% (or higher unofficially) per year, 6 yrs of that compounded reduces the real value of your obligation by 15%.
Great show David. Good stuff but he's clearly ignorant when it comes to Bitcoin which soured my belief in his knowledge. That's unfortunate as I think he's a walking financial encyclopedia. What happened to the cycle piece that cut out? Too much info and not enough time?
You can tell he lives in the markets and financial policies. But he doesn't understand what Bitcoinn is and does. He thinks it's just speculation and that's it.
Is the market top in for equities? Comment below and don't forget to subcribe!
Deposit $100 to get 7 free fractional shares of the "Magnificent 7 Stocks" and 5.1% APY on your uninvested cash: j.moomoo.com/00C2rl
FOLLOW MILTON BERG:
Milton Berg Advisors: www.miltonberg.com/
Twitter (@BergMilton): twitter.com/BergMilton
Maybe yes
Yes, I believe so. Just looking at the charts of individual stocks, they have gone straight up exponentially. Even with a 50% correction, they would still not be at prices that would be good. The saturation of stocks with liquidity has to be over. It's absurd in my opinion
Fantastic interview!!!! Thank you, David Lin.
Milton Berg is my favorite commentator and analyst bar none. Amazing analysis and no beating around the bush either. I love this guy cuz he tells it like it is. Amazing!
One of the best out there, hands down
As a newbie about to invest, you must have these four things in mind
1. Have a long term mindset.
2. Be willing to take risk.
3. Be careful on money usage, if you're not spending to earn back, then stop spending.
4. Never claim to know - Ask questions and it's best you work with a financial advise like Rolando Diaz....
Te/e gram
@Rolandostrategy THAT IS HIS USER NAME
Insure you write the NAME complete and He's verified...
Thanks for the video. I finally established a way to increase my net income per month.
My 2024 goal is to pay off the house by Sept 2024 (8 years total into a 30 year @ 4%). I have no debt other than mortgage. My 401k, HSA, IRA and emergency funds get maxed out. The mortgage is my last piece of debt left. I don't have any school loan or CC debt. I've made a lot of sacrifices over the years.
Congratulations on taking the steps necessary to get yourself out of the financial bind you were in.
That's truly remarkable. I hope you don't mind pointing me towards their direction.
She's Sophia Elaine. One of the finest portfolio managers in the field.
she's mostly on Telegrams, using the verified user name.
@PhiaElaine :That's her Handle!
Was I the only one laughing at "an honest FED" phrase? 😂😂
These people are so behind the argument. Global markets already crashed. We are waiting for military to step in.
it's not him predicting a deflation, Mike maloney is predicting it as well, David hunter...
but after that they say inflation will come back with a vengeance, 2 digits
The Fed only reacts to fiscal abuse.
How about an honest government?
Something we haven't seen since 2021 and before with the deep state.
I love hearing Milton's analysis. Educational and entertaining.
David is one of the best interviewers ever. And he’s just getting started. 🤓👍
Too bad he’s gay
D got a little agitated when Melton gave his Bitcoin opinion, though. 😅
Best interview, i have seen recently. Its sad that he doesn’t cater to retail folks
18:29 "Where did the Fed get the idea that 2% inflation is ideal. It makes absolutely no sense. The ideal is 0% inflation." THANK YOU. I've been telling everyone this but few seem to get it.
Wit a 0% inflation rate, it's harder to fudge the CPI numbers.
2% inflation is important in economic fundamentals. It’s a sign of healthy growing economy where demand grows consistently.
If you read the history on it, it's essentially an arbitrary figure. As David correctly points out, the 2% inflation target figure was mentioned during an interview by a finance minister of New Zealand, and other Central bankers decided that the 2% figure had a nice ring to it. And adopted it.
The New Zealand finance minister essentially pulled that figure out of his azz in response to a question, but it stuck. Even he was surprised that the 2% figure was adopted.
Inflation is a tax on poor people who normally don't pay income taxes and are a net negative on the system. 2% inflation ensures the government debt is steadily devalued overtime while increasing the price of assets--whom the upper class own.
It's not 😂...
Feels like a big drop is coming but it never does.
Frustrating.
global liquidity index
It's a psychological game at this point
stop shorting, you'll be less frustrated.
Until the 1st rate cut happens dont short
@@brianpereira7483 added to shorts today.
Milton correctly called the top 2:00 bull mkt ended 3/2024 3:45 turned bearish Feb 8, short list; speculative stocks turn on peak momentum, not wkly, now beginning of bear 9:30 deflation ahead 11:50 every deflation crisis begins with debt 12:50 deflation in housing, wages 13:40 evidence for recession, spending increasing but not incm 14:25 recession begins when yld curve inverts then disinverts 16:25 fed has not cut, worse forecaster
milton has balls of steel to short the market and bitcoin
The top of the market could be in. But not the top for government spending.
“You have to get great president and a great congress…” yea not happening lol
Thanks David for inviting Milton. He is legendary
This man speaks faster than I think
Intelligent people do
This man needs to buy a good microphone
@@benhaze1010 Especially since he can't speak clearly.
Slow it down to .75 speed it’s perfect then
@@funkspinna He may have a slight speech problem, but his message is clear. I enjoyed the interview.
Sounds spot-on to me. Thank you David and Milton.
Great to hear some diverse opinion. David always keeps us on our toes 👍
Wish you would've asked him: "If we go into a recession / deflation, wouldn't governments immediately ease financial conditions by lowering rates and ending QT / restarting QE?" He would likely answer yes, so: "Ok, why don't you think loosening financial conditions would support markets?"
The thing is the Treasury and the FED act lightning quick now. Remember when banks were beginning to fail in March of '23? Treasury and FED worked together and came up with the BTFP in less than 72 hours. Poof, fixed. Seems obvious that any shocks to both equities and bonds will elicit similar responses, especially in an election year...
You seem to cut out several portions of this video, why would you do that? He was explaining the cycles and you seem to cut that out. He was talking on FED keeping the currency and you cut that out
maybe he went into stuff that he was afraid to post on YT?
Stopped watching after he said we are more likely to have deflation because we have an honest government that won't inflate the debt away. 😅
it's relative. he probably mean 'more honest' than a banana republic style govt
@dumbcat we are in a fiscal dominance regime, where you can bet the politicians will continue to spend at an alarming rate, similar to a banana republic. Government spending is almost 40% of GDP and is only going to get worse unless you trust the politicians to do the right thing ?
Why did you cut the interview when he's speaking about the most interesting thing, market, economic cycles. He's by far the best guest I've listened to on your channel.
Super intelligent man. First time hearing him. Very beneficial. Great interview
Milton is always a breath of fresh air from all the talking heads and coked up finfluencers. He's always calm and humble, yet deeply knowledgeable. I also appreciate that he always wears a proper tie, which I interpret as a sign of respect for his profession.
he ain't knowledgeable on Bitcoin
He is 100% correct but his time scale is out. There is still gov spending. When the deficit spending stops there will be deflation. But it is some way off. The politics is government borrows and spends more. What stops this.
as long as biden spends like a play boy, the unstoppable parabolic bull market in nasdaq bubble stocks continue
When the currency breaks down in very high inflation. That's a ways off.
You bought the top. Just hodl buddy
@@bradw2k😂 you're so delusional...the currency IS WORTHLESS
@@j3558no, op is right. Its function of liquidity - so long as govt budget is in deficit - that money will flow into equities.
How do most of you guys still making profit? Even with the downturn of economy and ever increasing life standards
Well, I picked the challenge to put my finances in order. Then I invested in cryptocurrency and stocks, through the assistance of my discretionary fund manager
Mrs Caroline Arnold
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional
Yeah that's right I think it's right to invest with professional at least it saves the trauma of too much loses
Isn't she the same Mrs Caroline Arnold that my neighbors are talking about, she has to be a perfect expect for people to talk about her so well.
I love the fact he explains that people don't like to hear about his Cycles work and when he comes to explain in a bit more detail it is suddenly edited out !
Thank you for this episode 🙏
What happened to his segment on cycle analysis? Was really looking forward to hearing that…..please post it.
Thanks for having Milton on again! He's the best. Why did you cut off his talk on cycles at 35min?
super interesting. plz ask milton to slow down his communication cuz unless your a new yorker he can be a little difficult to understand. thx david great review
The Great Bull Market consists mainly of the Magnificent 7... and many other related to the tech stocks... but the majority of other stock sectors have already been in a bear market over the past couple years...
So is he saying all stocks will flip to a Bear Market or only the hi-flying tech stocks?
I think you could call the runup in Mag 7 stocks a glorified bear market rally. The beginning of a new bull market always includes small caps and as Milton said that just hasn't happened.
I didnt understand his point of the government has to pay back the debt because we have a true monetary system?
If they did, the debt wouldn’t be ever growing? They are paying down old debt with new debt, and also adding to the total debt?
Appreciate someone explaining it, if I’m missing something?
Thank you, David Lin, for introducing me to the inimitable Mr. Berg. He is the Baron of Bear Markets. Anyone who thinks that we need a Fed should consider that the nation grew more dyamicallly and with greater stability when there was no national bank. The recessions of the 1830s, 1850s and 1870s were milder than the 1930s, 1970s, and 2009, and they were much less harmful to the average American. Net immigratoin into the US continued during the 1870s but not during the 1930s. During the second half of the 19th century Americans were increasingly wealthy, and the wealth was more evenly distributed than it has been under the Fed. As Arthur Schlesinger argues in The Age of Jackson, the workingmen of the 1830s recognized that the banks posed a threat to their wages and that a national bank was the worst threat of all. They had a better undersztanding of economics than the quacks who dominate today's universities.
Since when did Harvey Keitel get into the investment analyst business?
Best guest you have had in a while.
One of your best guests
If this is to happen (bear market) what do we do with our 401k? Swap stocks with bonds?
Thanks David for continuing to pursue Berg's rationale for his BTC position. Little by little, he began to slowly enumerate the reasons why BTC is a superior store of value, but he does not yet seem to understand Bitcoin's superior settlement mechanism, among other things. It is hard to imagine that he has ever read and understood The White Paper. Surprising, given his criticism of other analysts not doing their homework.
Fantastic interview. Thank you !
They printed 50 percent of the money supply in 2 years during covid. How can u say this is not like Argentina?
More like Venezuela
More like Monopoly money
When you’re the reserve currency of the world, other countries pay for your over printing
@@5600hp you're repeating things you don't understand. Try not to be a sheep
@@prolific1518that's all you got? You're not going to tell him he's wrong and why? 😅
Great episode, an honest fed wouldn't inflate away the debt. I see a fundamental problem in that state.
Ok so were heading into ..
Deflation, bank failures, major recession and a credit crisis.... so the markets are going higher then?
Excellent interview, David. Milton is one of the best analysts and has very compelling arguments supporting his thesis. Thoroughly enjoyed the discussion. Thank you.
It’s almost like we all expect higher inflation not 2% anymore so why wouldn’t people load up on stocks ect at this point it makes no sense to not hold equites ect while government is constantly printing
Yeah that’s what I don’t understand either. Also, a lot of foreign investors are buying American stocks right now because China and Europe’s markets are in much worse shape.
Great guest-interesting analysis
This man seems like he knows what he’s talking about, thanks for the great interview David 🤝
Very interesting interview thx lin
Milton is absolutely the best in terms of knowing where a markets going. Get him back when he knows we are turning again!!
Milton makes a lot of sense, and there is suprising amount of bullishness, and I don't recall a time, where everyone was calling the market a bull market since, 1999.
Who’s bullish?
Love hearing from Milton Berg. Great interview. Milton has been around the block a few times and knows what he is talking about.
It is always a pleasure to listen to Milton. Thank you for this free content !!!!
Agree. Very likely we r headed for a decade long bear market in all western assets. It will be a period of geopolitical n currency changes. Within US this is the chance to do the long-needed economic n social n government reforms. If we succeed, US will be on a long-term sustainable growth path in a decade. But we must take the pain 1st n do the adjustments.
From investing pov, sell all US, european equities n bonds. Go long gold n hard assets. Go long emerging market stocks n their currencies like India n Brazil.
Keep some powder dry n pick up great deals within the US when asset prices crash over the next 10 years as the US has great long term potential.
This guy didn't consider international politics at all. All his analysis is based on the last 100 years of market movement while the US was the dominating growth engine. My hunch is either there is a war or great devaluation of both US dollar and US equity.
I agree but depends on currency pairs.
Reversal of last 50 year trends means:
USD could rise against other western currencies such as euro n Japanese yen.
But USD will fall against "emerging" markets such as India Brazil, developing Asia. This is where money will be made over next 20 years.
Go long non-western stocks n currencies like India. Go long gold n physical assets. Get out of all western assets over next 10 years.
If US can successfully do the needed reforms, it will be a good time to pick up cheap western assets as they crash. Because US still has good long-term potential as long as it take take the economic n social adjustments.
Western world is debt ridden and aging. The rest of the world is also debt ridden and aging…but they don’t have a welfare system as crazy as western world and they are not as old as the western world. A thought from South Korea
He uses thousands of self made indicators that some may only fire 1 time and never again. Hes been in the game for so long worked with anyone who's anyone duds the man.
He might actually. He actually includes lunar moons in his analysis. I think he said before some of his data goes back 1000 years. so would bet he has a way to capture geo political.
Markets never move on war, political instability or economic conditions. These are all reasons given to justify the bull or bear run. During wars markets have been bullish historically and bearish during healthy economy. Makers move on cycles since 100 years
You need to have Mr. Berg on the show more often. So knowledgeable
Correct the caption because it says Great bull market but this is about the great bear market and deflation
Love seeing videos like this. It means we keep going higher. Crash will come 2027-2028 into 2030 😊
Where do you get those dates?
@@chrislastnam6822 just let people keep coping after they bought the top
🙏🏼 thank you gentlemen. Always interesting to look at a topic from many different directions. The big question is always: ‘when’ or ‘what would be the cue’.
"2023 top" - bro if you sold in 2023 you literally missed the top, lol.
More Milton, More Often. This guy is legendary.
Great catch getting Mr. Wolf!
YES! I was thinking the same thing. Lots of luck to you gentlemen.
Mr. Berg knows of what he speaks. Great interview. That's a righteous rug he has, too.
Milton Berg 🐐I love this guest. Nothing is about belief in himself, its just about evidence and the analysis is deep.
High Level Guests David. Great Work.
Milton Berg for President 2024!!!
AMAZING interview. Please bring him back if he can make the time.
Thanks for this
Wow! What a bright mind. I loved this episode.😊
This indecision and inability of this analysis to explain why inflation or difletion is mind bending.
Great interview, 100% agree with the guest. BTW a fantastic guest
yo. never edit or cut out a milton interview ever again please. That function should only be reserved for harry dent.
Excellent interview.
An honest man. Thank you both.
I really like Milton. 😊
Does Milton have a red stapler?
David you cut the part about Cyclical Analysis !! @35mins... I was very interested in what Milton had to say...
Please keep shorting to push it higher. Thank you for your service, sir
he seems honest compared to other analysts
I wish you did not cut out the cycle dates info.
Guest mentioned all debt has to be repaid and it is deflationary. Couldn’t the government just borrow at 0% and spend it on paying old debt and new spending to keep the system going forever essentially?
Main question I have is what happens when the US can’t sell the debt and no one is buying? Is Yellen going after 401ks making buying treasuries mandatory?
United States is not Zimbabwe. What if Fed makes it?
Great interview David, thank you.
I call MB the "machine". He and pro Hanky are beast mode guest's.
great interview!
... so the polar opposite view of your recent guest analyst David Hunter. Would be interesting for you to chair a three way video where these two analysts can put their case forward for viewers to decide who is more likely correct and where they might agree?
Why the cut when he starts talking about cyclic analysis?
Great guest
Milton is the best of the best
I can’t believe what I’m hearing. “all the other economists are wrong, and I am shorting the market because the government is going to pay down their debt.”
paying down the debt is deflationary, but if you are able to spend, ignite inflation, continue to borrow while inflation is ongoing, you have a strong incentive to do this as long as possible to inflate away your debt in real terms before paying back. His education misses the cumulative temporal component of the inflation/deflate cycle. If you manage an average maturity of 5-7 years and an avg (until recently) 2% cost of debt , and inflation is 5% (or higher unofficially) per year, 6 yrs of that compounded reduces the real value of your obligation by 15%.
He’s spot on we don’t need the Fed
Good job, Mr Lin. You let him talk.
Okay just to keep this in perspective in 2016 on bloomberg TV Milton Berg said we were on the cusp of a 30-year bear market😮
view on BTC is not very surprising considering the age… Bitcoin is only a ledger… lol, citing the great Gary Gensler…
Great interwiew, hope he is right, I am short
Great show David. Good stuff but he's clearly ignorant when it comes to Bitcoin which soured my belief in his knowledge. That's unfortunate as I think he's a walking financial encyclopedia. What happened to the cycle piece that cut out? Too much info and not enough time?
Hit that fire alarm!!
You can tell he lives in the markets and financial policies. But he doesn't understand what Bitcoinn is and does. He thinks it's just speculation and that's it.
Sorry, this guy needs subtitles.
I like this guy.. gonna have to start following him