Consuela, I don’t know how you do it. Each interview is a knockout. Need to watch multiple times. You are a professor I wish I had 20 years ago. Would have retired by now.
Ed Hyman is always thought provoking and makes me consider my own opinions. The true contrarian call would be to invest for recovery. It's probably early though.
Valuable insight about FED not raising interest rates after yield curve inverts. I did not know that. Based on my analysis the Average Monthly Yield Curve for the US Treasury fully inverted for the first time in Dec 2022. Will be interesting to validate this claim on Feb 1st. Thank you! Love the content of your channel :)
Wow... does he have a beautiful home or what! So damn tasteful! Ed sitting on the the fence here pretty hard if you ask me... but I suppose that is useful knowledge in and of itself....
Leaving the stock markets. If people can get relief in the housing rents and grocery bills, that will be huge relief. Hope to see inflation coming down but that will be a very difficult task, especially with the nonsense that everyone saw in the housing market for straight 2 years 2021-2022.
What the Investment Industrial Complex won't talk about is basic economics 101. Inflation is kryptonite to debt, or more importantly, creditors. Debt is one persons liability but another persons asset. High inflation erodes the real term value of the debt. Upon maturity, it essentially has less value than when it was issued, where the yield rate is lower than the rate of inflation. Creditors want compensation. That results in higher rates for future debt to cover the previous losses. Now, factor in that we've seen a huge issuance of debt at rock bottom rates and you can see the scale of the losses creditors are facing due to high inflation (e.g yield rates of 0.25% v circa 9% inflation....). Thus, the scale of the compensation required, demanded even. The Fed CAN'T pivot.
Push the Fed funds prime rate to 6% and let things settle out. Most people need a 'brake check' of their expectations. Doing nothing and sucking up scarce resources is not a wise use of what God has blessed us with.
Love your channel. Ed Hyman's interview was especially valuable, and I enjoy his insight and his down to earth style of communication.
Agree, this is a must watch weekly.
Consuela, I don’t know how you do it. Each interview is a knockout. Need to watch multiple times. You are a professor I wish I had 20 years ago. Would have retired by now.
Ed Hyman is always thought provoking and makes me consider my own opinions. The true contrarian call would be to invest for recovery. It's probably early though.
Did he say, "... labor market is strong?"
🤔🤔🤔🤔🤔🤔🤔🤔🤔
Great topic. Looking forward to Wealth Track in 2023!
Valuable insight about FED not raising interest rates after yield curve inverts. I did not know that. Based on my analysis the Average Monthly Yield Curve for the US Treasury fully inverted for the first time in Dec 2022. Will be interesting to validate this claim on Feb 1st. Thank you! Love the content of your channel :)
Greed, ignorance, & incompetence have destroyed the economy. Greed is an illness that destroys the greedy eventually.
Wow... does he have a beautiful home or what! So damn tasteful! Ed sitting on the the fence here pretty hard if you ask me... but I suppose that is useful knowledge in and of itself....
What a beautiful house and great looking setting. I wonder where that is.
She is the best. Period.
why is Mr Hyman always looking like he's on vacation? Can an indivual investor buy his research or only institutions?
You said it. Wherever that is, I want to be there.
Hoping you have Nancy Lazar on too in the coming months
Even though I have half your age, I really love watching you guys, such valuable content. You have my like!
This was a fantastic piece. Well done.
This year has been a doozy, so many mixed signals
Leaving the stock markets.
If people can get relief in the housing rents and grocery bills, that will be huge relief.
Hope to see inflation coming down but that will be a very difficult task, especially with the nonsense that everyone saw in the housing market for straight 2 years 2021-2022.
great job keep doing best finacial tv program
Would like to echo the other comments here and say thank you to Ed Hyman for his excellent commentary.
Enjoyed the show.
Wasn't he saying the ''inflation is transitory'' last interview, rofl
What the Investment Industrial Complex won't talk about is basic economics 101.
Inflation is kryptonite to debt, or more importantly, creditors. Debt is one persons liability but another persons asset. High inflation erodes the real term value of the debt. Upon maturity, it essentially has less value than when it was issued, where the yield rate is lower than the rate of inflation.
Creditors want compensation.
That results in higher rates for future debt to cover the previous losses.
Now, factor in that we've seen a huge issuance of debt at rock bottom rates and you can see the scale of the losses creditors are facing due to high inflation (e.g yield rates of 0.25% v circa 9% inflation....).
Thus, the scale of the compensation required, demanded even.
The Fed CAN'T pivot.
Love Ed’s background.
Are the porcelain vases and wood tables in the house or on the porch? Trying to tell what’s going on there
GOLD PRICES HUGELY UNDERPRICED UNDERVALUED COMPARED TO THE DOLLAR'S AND STOCK MARKET GAINS...GOLDS FORGOTTEN
Bankman - POWELL needs a hockey stick to the backside!
YES!.
Push the Fed funds prime rate to 6% and let things settle out. Most people need a 'brake check' of their expectations. Doing nothing and sucking up scarce resources is not a wise use of what God has blessed us with.