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I love whenever Adam brings Pento on. Not only do I agree with Pento, but there’s such great chemistry between he and Adam that it makes for a great conversation.
Thanks, for all you do! I like your truthful coverage. Mad respect for educating everyone. BTC's price plunged but buying the capitulation isn't a tough call, After all, it is only a very tough call to figure out what to do aside from holding. The good thing about the space is that you can buy the dips and put them into active trades, while confidently waiting for a pump in price because it is inevitable. Most people do not understand how the space works. Your advantage is understanding, Charts won’t guarantee what an asset is going to do. Prices will go up or down. Nevertheless, the market has been so profitable despite..managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Donna Mikalonis, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary.
How can people predict the future when ever more inventive methods of stimulus are created, many through the back door/secretly.....as in whatever is currently happening with the Japanese over Yen/USD rate.
@@Marcus1954s Well, all the guests come on this channel and are asked for their assessment of global markets and the global economy. -- None of them shrug their shoulders and say "I haven't a clue"... If they did that, then they wouldn't have any clients.
*******🔥******* yes we've been listening to it for 2 and 1/2 years but do you not see that it's getting closer and closer ? ... What you're saying to me is similar to someone that hears the newscaster say that the hurricane is rapidly approaching and it's been a week and a half and then the person starts saying well you've been saying for a week and a half.... And ? Do you not see that the storm is getting closer ? LoL
@@valentingarciaable Yes but the newscaster does tell that the hurricane will have a landfall in 1.5 weeks! ex-Wealthion and TM have been on the wrong side. To be truthful, I am also bearish and reduced the risky assets a bit too early.
Well, i can confidently say that I am happy that Michael Pento is managing my 401-k......or what's left of it! AND....my semi-retired hubby is going back to work full time. Why? WE ARE VERY FOND OF EATING!
Sandraintexas - I hear more and more of these personal experiences - which is why I don't buy that the economy is in good shape. I do wonder if we will have a future where people won't completely retire but move to semi-retirement, like your husband - working maybe 15 or 20 hours a week until they are 75. We are living so much longer. It isn't realistic that people will have a 30 year retirement. It is just too expensive to live.
Sorry to hear your dad's passing. We appreciate your impeccable commitment to your work and how you bring us high quality financial and life advice each and everyday. Am sure was a proud father. Accept my sympathy.
Do not fully agree with Mike but many of his points are valid. The stock market and housing market, however, are games of supply and demand. More buyers than sellers right now and prices will continue to go up. Will it crash? Possible! But could be 2 or 3 years later. We do not want to sit on sidelines for 2 years! Do not time market
I'm kinda done with listening to people forecasting huge stock market drops - I've been hearing it for a decade and it *never* actually happens. Even Covid was little more than a blip in the never-ending bull market.
There's a guy who says, "15-20% melt-up until December and then a 40% drop" every single year. He's been wrong for 5 years, but one day he'll be right and pat himself on the back like he's a genius.
Love Michael Pinto. Adam, you do the best job of anyone on the internet of getting these guest to articulate their thoughts and opinions in a way that us average investors can comprehend. Such a joy to listen to your interviews.
Agree. But most of his recent guests have a very poor track record, at least of picking "recession" and equities markets. Raoul Pal has been calling it right for at least the past 4 years. Not a fanboy. Just saying. Maybe he understands something the others don't
@@mwilliamson4198 I’ve watched Raoul a number of times but never followed his channel until a couple days ago. Sharp man, no doubt. I make sure I listen to different voices. Most have a good/great understanding of the market and economy but have a lens they view the world through, that’s the part I’m interested in. It’s the older voices I really listen to., they are the ones with 40+ years of experience that may have the details and timing off but they know what’s under the hood.
In Australia in (I think it was 1993) we had an incredibly honest Treasurer who said when interest rates were going to 15+% “this is the recession we have to have”. His honesty was rewarded by his left (Australian Labor) government being re-elected. Treating people like adults can work - even plotically!
Michael Pento reminds me of Jeremy Grantham, who seems to have stopped talking publicly about the coming bubble popping. Any chance of persuading him to talk on your show?
Big thanks Michael & Adam. Your interviews are very informative. I agree with Pento. Fed ability to rescue US economy/ markets deminishing due National debt $35T, interest payments on debt $1T, US Deficit $2T, Inflation post Covid,, not to mention Geopolitical & global market problems. Need to learn a new playbook to survive future markets I am thinking. Thanks Adam for interviewing people who can bring light to what that new playbook looks like.
I think most people missed Michael’s comment that he hasn’t shorted the market because of his research and methodologies. He paints a picture of a possible bearish tomorrow but he’s making money today.
Great discussion. I like his candor, and, of course, Adam, you are the world's best financial interviewer since Louis Ruykheiser, which tells you how LONG I have been in the market. And definitely, the hard work you do is notable, it makes me tired just thinking how much effort it is to start a small business. I remember that well.
Always appreciate Michael's perspective and candor regarding the financial trends and markets. I also enjoy the variety of Adam's guests and respectful conversations.
Adam and interesting question going forward to each guest, how do you anticipate the markets changing after the election in November. Give a scenario if Trump wins. Also a scenario if Biden gets reelected to be President. That view point would be a thoughtful reflection on this tumultuous election. Thank you
There used to be a fast casual restaurant in our town called Bennigan's. It had an amazing salad bar stocked with EVERYTHING. I think that salad bar put them out of business. Why am I bringing this up? Because I think Adam bought their display and turned it into the backdrop for his show. I can't watch without wanting a salad with blue cheese dressing, sunflower seeds and croutons.
How much of the Himalaya of debt has just gone to consumption versus gone to investments? How much consumption has just been moved forward meaning consumption must be cut in future as debt repaid? Concerning
Good interview. Still, I can't believe long term rates going that high because that would be the end of the global financial system. Most of the credit is issued on long end.
First. Thank you so much Adam and Michael! You guys are as brilliant as always. I really really enjoy your conversations. 💖 Second. Almost all, if not everybody, refers to credit spreads being the most important data to follow to detect acute danger in the market. If I am not misstaken, you do not have any deepdive on the subject on this chanel yet Adam? Is that a video you would be willing to make? Because I would absolutely love that. I am on a mission to learn, and that seems to be a really important knowledge to have. 😃 //Jonas Samuelsson (Sweden)
Adam thank you. I built up my assets gradually over time. Your guest advises to get an asset manager. My problem is getting one who I believe really knows what to do not just sell me certain products. I have been told more than once that the advisor could not advise me on what more to do or change. Word of mouth as a guide to find an advisor has not been successful
Pento has a pretty good track record on market fundamentals, interest rates , bonds, etc. He has been wrong on short term market direction (say 12-24 months). He is right though - eventually we’ll see a major crash. Market exuberance can carry on for a lot longer than people expect. Personally, I am out except for a few stocks I have gains in that continue to climb. Will protect those gains via trailing stops. Cash is earning over 5%. I plan to redirect into commodities as the market rolls over. Current excess income is being redirected to gold - it’s a good way to save.
I just discovered your channel through this video. Case studies are extremely beneficial and I hope to see more in the future! Creating wealth includes developing habits, such as setting aside money on a regular basis for smart investments.
Everything is now in the market, pension funds, retirements, everyones equity. They can't afford a crash, retirees would br broke, pension funds will be broke, people will be broke. In the old school markets, people had traditional retirements, ss and healthcare from their employer. The market didn't matter to the average joe. Today, everything is in the market, it goes down, everyone goes down. The reality is they don't know how to manage it. So they print to keep everything constantly increasing in value.
Great animated chat. Michael is funny! He sure loves a podcast. The 5% restaurant example was really good actually. Those small margins can sometimes be everything. Actually particularly in hospitality which runs on fine margins generally. I cannot say I have noticed empty cafés but I have noticed the cheapest cafe in town being busier than usual. There is definitely a downgrading happening. But at this point it's not stopping people spending. Tourism is still busier than ever. I think I heard it was the busiest day on record in the US not so long ago for flights. Barcelona is also struggling to keep pace with tourism, like so many places now. Also people are taking on pets at record levels - also a luxury expense. So I think the idea that everyone is buckling isn't actually true yet. As others have said people prefer to keep spending and just use credit.
Pento is one of your best guests for a reason - he speaks well. Too many of your guests, like Lance Roberts, start a sentence, but don't finish it before moving in a new direction. Lance will start 3 or 4 sentences and finish one. Claudia Sahm did the same thing. It was too painful to follow. Pento speaks very well.
Fed will just buy the long end if it blows out. Ive replaced the bonds in my portfolio with EPD which has inflation indexed revenue and fixed rate borrowings with an averge maturity of 10 years.
Great bromance rapport between Adam and Pento, lol. Fun to listen to. Pento's bearish calls have been way too early but I think his assessments are correct nonetheless.
Is there any accountability for these guys whom promise doom and gloom. They have been on this channel for years now, given plenty of air-time, yet their predictions never come true. I just don’t understand how these arguments stack up. The Fed can print money whenever they want - and do. Sure, there is a bubble in tech, but the real economy beyond this is holding up. Profits are growing, stocks are stable, and no foreseeable event representing a structural failure. Stimulus can can come from money printing if there a decline…. That said, I’m a keen watcher of your channel and appreciate your work!!
There never is any accountability. They make bad predictions for at least 2 years now. Then they come back on the show and act like all their prior terrible predictions never happened. Adam won’t call them on this, because if he did it would be end of the show because the guests would stop showing up.
I’m sorry Adam is completely irresponsible. He’s pushing these active managers that are selling fear so they can pick uneducated middle class investors pockets. It’s frankly disgusting.
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Adam - please have Daniel Lacalle on. He is a fascinating guest.
Lost me with your inflation in this country. It was GLOBAL. MAGA LIE that it this country.
I love whenever Adam brings Pento on. Not only do I agree with Pento, but there’s such great chemistry between he and Adam that it makes for a great conversation.
Hahahaha “not only are you handsome, but you’re intelligent” mark that one guys!!!! 😂😂😂😂
And you’re a good looking guy. Dang it, we are all good looking guys. Just broke 😎 but happy.
Thanks, for all you do! I like your truthful coverage. Mad respect for educating everyone. BTC's price plunged but buying the capitulation isn't a tough call, After all, it is only a very tough call to figure out what to do aside from holding. The good thing about the space is that you can buy the dips and put them into active trades, while confidently waiting for a pump in price because it is inevitable. Most people do not understand how the space works. Your advantage is understanding, Charts won’t guarantee what an asset is going to do. Prices will go up or down. Nevertheless, the market has been so profitable despite..managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Donna Mikalonis, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
@DonnaMikalonis
she's mostly on Telegrams, using the user name
Donna Mikalonis Crypto knowledge is like a secret recipe for success!
The fact that I got to learn and earn from her program is everything to me think about it, it's a win-win for both ways.
Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary.
Been hearing this for most of your guests for literally 2 and 1/2 years now
How can people predict the future when ever more inventive methods of stimulus are created, many through the back door/secretly.....as in whatever is currently happening with the Japanese over Yen/USD rate.
@@Marcus1954s Well, all the guests come on this channel and are asked for their assessment of global markets and the global economy. -- None of them shrug their shoulders and say "I haven't a clue"... If they did that, then they wouldn't have any clients.
*******🔥******* yes we've been listening to it for 2 and 1/2 years but do you not see that it's getting closer and closer ? ... What you're saying to me is similar to someone that hears the newscaster say that the hurricane is rapidly approaching and it's been a week and a half and then the person starts saying well you've been saying for a week and a half.... And ? Do you not see that the storm is getting closer ? LoL
@@valentingarciaable Yes but the newscaster does tell that the hurricane will have a landfall in 1.5 weeks! ex-Wealthion and TM have been on the wrong side. To be truthful, I am also bearish and reduced the risky assets a bit too early.
Lag effect.
Never ever miss a chance to listen to Pento.
But how long can guys like this call for a big crash without losing credibility.
@@P__114 You make a good point. No matter what, don't you get a kick out of this guy? Love the way he pontificates. A real character.
Well, i can confidently say that I am happy that Michael Pento is managing my 401-k......or what's left of it! AND....my semi-retired hubby is going back to work full time. Why? WE ARE VERY FOND OF EATING!
Sandraintexas - I hear more and more of these personal experiences - which is why I don't buy that the economy is in good shape. I do wonder if we will have a future where people won't completely retire but move to semi-retirement, like your husband - working maybe 15 or 20 hours a week until they are 75. We are living so much longer. It isn't realistic that people will have a 30 year retirement. It is just too expensive to live.
Could I ask how he has done for performance the last three years less his fees. Has he kept up with the major indices? thx in advance.
Michael green, Stephanie Pomboy, Ted Oakley, Mike Pento are amazing please bring them back over n over n over. Thank you Adam
Add Lance Robert’s to that list!
I love Michael, he's one of your best guests!
Thanks for having him back
Punto is correct about Adam. Its the best show on the tube. 👍
Sorry to hear your dad's passing. We appreciate your impeccable commitment to your work and how you bring us high quality financial and life advice each and everyday. Am sure was a proud father. Accept my sympathy.
Thank you for those very kind words
Do not fully agree with Mike but many of his points are valid. The stock market and housing market, however, are games of supply and demand. More buyers than sellers right now and prices will continue to go up. Will it crash? Possible! But could be 2 or 3 years later. We do not want to sit on sidelines for 2 years! Do not time market
Yes, particularly if you are wanting a home.
Well said Michael Pinto. Great to see the Michael/Adam mutual appreciation group!
Thank you Adam for your hard work and great guests
I'm kinda done with listening to people forecasting huge stock market drops - I've been hearing it for a decade and it *never* actually happens. Even Covid was little more than a blip in the never-ending bull market.
Open your eyes it’s happening all around you, have you seen what is going on in most big cities in this country?
There's a guy who says, "15-20% melt-up until December and then a 40% drop" every single year. He's been wrong for 5 years, but one day he'll be right and pat himself on the back like he's a genius.
@@Dozzer77harley I said "stock market drop". Not "what's going on on in most big cities". 🙄
Yep. The market isn't even open yet and stocks are rising. So much money being made. Don't get left out.
It's the global liquidity stupid ;)
Love Michael Pinto. Adam, you do the best job of anyone on the internet of getting these guest to articulate their thoughts and opinions in a way that us average investors can comprehend. Such a joy to listen to your interviews.
Agree. But most of his recent guests have a very poor track record, at least of picking "recession" and equities markets. Raoul Pal has been calling it right for at least the past 4 years. Not a fanboy. Just saying. Maybe he understands something the others don't
@@mwilliamson4198 I’ve watched Raoul a number of times but never followed his channel until a couple days ago. Sharp man, no doubt. I make sure I listen to different voices. Most have a good/great understanding of the market and economy but have a lens they view the world through, that’s the part I’m interested in. It’s the older voices I really listen to., they are the ones with 40+ years of experience that may have the details and timing off but they know what’s under the hood.
In Australia in (I think it was 1993) we had an incredibly honest Treasurer who said when interest rates were going to 15+% “this is the recession we have to have”. His honesty was rewarded by his left (Australian Labor) government being re-elected. Treating people like adults can work - even plotically!
I love Michael Pento, Ted Oakley, and Whitney Baker. Keep em coming!
Michael Pento reminds me of Jeremy Grantham, who seems to have stopped talking publicly about the coming bubble popping. Any chance of persuading him to talk on your show?
I know! I love Grantham! What's more, I trust him!
Best discussion I've heard in a while, thank you gentlemen, excellent.
Michael Pento is the best prognosticator of the market future. One of your best guests possible. He will be right.
Agreed.
Huh? Pento has been wrong for YEARS.
Big thanks Michael & Adam. Your interviews are very informative. I agree with Pento. Fed ability to rescue US economy/ markets deminishing due National debt $35T, interest payments on debt $1T, US Deficit $2T, Inflation post Covid,, not to mention Geopolitical & global market problems. Need to learn a new playbook to survive future markets I am thinking. Thanks Adam for interviewing people who can bring light to what that new playbook looks like.
Once again, thank you, Adam. Thank you for making your desired mission a reality for us.
Great interview. Always enjoy Mr Pento!
Nearly 3k homes were sold in San Diego in the past 3 months… Who is buying these homes? how and why? I really want to know.
Chinese
I love Michael’s raw take on everything!
I really like your conversations with Mike Pento
Michael is one of my favorite guests on this channel. Excellent interview as always. Thanks, Adam.
Always nice to hear from an active manager like Michael Pento, and then hear John Llodra's comments right after. Many thanks.
I think most people missed Michael’s comment that he hasn’t shorted the market because of his research and methodologies.
He paints a picture of a possible bearish tomorrow but he’s making money today.
Good point you raise, many of the other commenters did not pick up on this.
He said he was playing the markets as he finds them for now (short term bullish)
Ask pento what his after market return has been after fees for the last 3 years. He has woefully under per formed the major averages
Thank you both 🙏
Thanks Adam for providing this.
Thanks you for bringing on Michael Pento. He is probably my favorite guest of anyone you have on!
Great discussion. I like his candor, and, of course, Adam, you are the world's best financial interviewer since Louis Ruykheiser, which tells you how LONG I have been in the market. And definitely, the hard work you do is notable, it makes me tired just thinking how much effort it is to start a small business. I remember that well.
Always appreciate Michael's perspective and candor regarding the financial trends and markets. I also enjoy the variety of Adam's guests and respectful conversations.
Adam and interesting question going forward to each guest, how do you anticipate the markets changing after the election in November. Give a scenario if Trump wins. Also a scenario if Biden gets reelected to be President. That view point would be a thoughtful reflection on this tumultuous election. Thank you
There used to be a fast casual restaurant in our town called Bennigan's. It had an amazing salad bar stocked with EVERYTHING. I think that salad bar put them out of business. Why am I bringing this up? Because I think Adam bought their display and turned it into the backdrop for his show. I can't watch without wanting a salad with blue cheese dressing, sunflower seeds and croutons.
And a shit load of shredded cheddar
It looks like the inside of a jade mine to me.
Thanks again for a very informative interview with Michael Pento who also has a great Spence of humor👍
Listening to Micheal in this interview makes me glad he manages my cash.
I don’t think I’ve ever before heard the U.S. economy compared to that of Zimbabwe. Hysteria abounds here today.
Markets running on fumes but Michael always bringin the high octane truth! Great as always, thanks guys!
This was a Masterclass. Solid.
My two favorite financial guys are Michael Pento and Peter Schiff. I would love to see them together for an hour.
Always enjoy MP when he is on Adam; wish I had enough money to have him manage it! 😊
Excellent interview Adam.
Michael is my favorite guest of yours. Please continue to have him back.
Finally someone that speaks the truth.
How much of the Himalaya of debt has just gone to consumption versus gone to investments? How much consumption has just been moved forward meaning consumption must be cut in future as debt repaid? Concerning
When you understand the principle of "The Platos Cave", it's impossible to not see it's effects playing out in the world we inhabit
Love Mr. Pento!
Good interview. Still, I can't believe long term rates going that high because that would be the end of the global financial system. Most of the credit is issued on long end.
Great interview
Really informative video Adam. I really like when you have Mr Pento on. Keep up the great work Adam.
Some day he will be right if I listen to these guys I would never get in the market I heard this for the past 2 yrs as market has gone up up
Great show with Pento, it's clear he cares about his clients.
Man Michael is legendary!
Michael Pento is great
Great show!
awesome interview
Always happy when you have MP on, Adam 👍
First. Thank you so much Adam and Michael! You guys are as brilliant as always. I really really enjoy your conversations. 💖
Second. Almost all, if not everybody, refers to credit spreads being the most important data to follow to detect acute danger in the market. If I am not misstaken, you do not have any deepdive on the subject on this chanel yet Adam? Is that a video you would be willing to make? Because I would absolutely love that. I am on a mission to learn, and that seems to be a really important knowledge to have. 😃
//Jonas Samuelsson (Sweden)
Yes, I'd be interested. I must say the hedging episode was way over my head though, so I'd need a much more dummy's guide than that.
Adam thank you. I built up my assets gradually over time. Your guest advises to get an asset manager. My problem is getting one who I believe really knows what to do not just sell me certain products. I have been told more than once that the advisor could not advise me on what more to do or change. Word of mouth as a guide to find an advisor has not been successful
Great job guys
I totally agree with everything you're saying that the markets are disconnected but somehow someway nothing ever happens to fail
LoL I doubt Bank of America will go bankrupt I doubt JP Morgan will ever go bankrupt. You know these guys rule everything along with the Fed Reserve
Of course, Michael is correct. The question is always timing. When will economic and financial fundamentals apply?
Translation: ive been shorting since 2022 and im getting clobbered. Sell me your shares.
Thank you Adam
Pento has a pretty good track record on market fundamentals, interest rates , bonds, etc. He has been wrong on short term market direction (say 12-24 months). He is right though - eventually we’ll see a major crash. Market exuberance can carry on for a lot longer than people expect. Personally, I am out except for a few stocks I have gains in that continue to climb. Will protect those gains via trailing stops. Cash is earning over 5%. I plan to redirect into commodities as the market rolls over. Current excess income is being redirected to gold - it’s a good way to save.
But LOTS of people are in money markets. Where do you think that flows when they cut rates? Straight into stocks. Things will keep going up.
Great interview Adam! Pento is very smart!
Adam and Michael are so great to listen to. Knowledge bombs all day long.
Thanks to Adam, Michael and John for the expert analysis. 👏👏
Pento is always interesting to watch.
I just discovered your channel through this video. Case studies are extremely beneficial and I hope to see more in the future! Creating wealth includes developing habits, such as setting aside money on a regular basis for smart investments.
Amen to that, you do a wonderful job and thank you!
MidCap 400 is up 9% this year and free cashflow per share is at a record (8% above 2021).
Everything is now in the market, pension funds, retirements, everyones equity. They can't afford a crash, retirees would br broke, pension funds will be broke, people will be broke. In the old school markets, people had traditional retirements, ss and healthcare from their employer. The market didn't matter to the average joe. Today, everything is in the market, it goes down, everyone goes down. The reality is they don't know how to manage it. So they print to keep everything constantly increasing in value.
Enjoyed this, I think he is right on the money. Great interview
Thanks
Great animated chat. Michael is funny! He sure loves a podcast.
The 5% restaurant example was really good actually. Those small margins can sometimes be everything. Actually particularly in hospitality which runs on fine margins generally. I cannot say I have noticed empty cafés but I have noticed the cheapest cafe in town being busier than usual. There is definitely a downgrading happening. But at this point it's not stopping people spending. Tourism is still busier than ever. I think I heard it was the busiest day on record in the US not so long ago for flights. Barcelona is also struggling to keep pace with tourism, like so many places now. Also people are taking on pets at record levels - also a luxury expense. So I think the idea that everyone is buckling isn't actually true yet. As others have said people prefer to keep spending and just use credit.
New background is great! Unique and interesting!
You two are A way better love story than Twilight
The two Michaels, this is really interesting. One yesterday and one today. Love this. thank you Adam.
100%, it all started in 2000. Pento's right.
Thank you very much...
Thank you for the content! Trump 2024!!
Looks that way. Sadly!
Pento is one of your best guests for a reason - he speaks well. Too many of your guests, like Lance Roberts, start a sentence, but don't finish it before moving in a new direction. Lance will start 3 or 4 sentences and finish one. Claudia Sahm did the same thing. It was too painful to follow. Pento speaks very well.
Since housing has tripled in most areas they just need to triple everyones salary
Not only are you handsome, you are intelligent, Adam!
Very true. And a natural charm
Fed will just buy the long end if it blows out. Ive replaced the bonds in my portfolio with EPD which has inflation indexed revenue and fixed rate borrowings with an averge maturity of 10 years.
Great guest Adam!!
Like the live edge slabs in the background Adam. Walnut?
White oak
@@adam.taggart Wow! Beautiful! Hope you have safe travels and joy in remembrance of your Dad.
Thanks!
Thanks, Ron!!
Great bromance rapport between Adam and Pento, lol. Fun to listen to. Pento's bearish calls have been way too early but I think his assessments are correct nonetheless.
Pinto has great info, however the markets don't have to listen
Sounds like being wrong
Is there any accountability for these guys whom promise doom and gloom. They have been on this channel for years now, given plenty of air-time, yet their predictions never come true. I just don’t understand how these arguments stack up. The Fed can print money whenever they want - and do. Sure, there is a bubble in tech, but the real economy beyond this is holding up. Profits are growing, stocks are stable, and no foreseeable event representing a structural failure. Stimulus can can come from money printing if there a decline…. That said, I’m a keen watcher of your channel and appreciate your work!!
There never is any accountability. They make bad predictions for at least 2 years now. Then they come back on the show and act like all their prior terrible predictions never happened. Adam won’t call them on this, because if he did it would be end of the show because the guests would stop showing up.
I’m sorry Adam is completely irresponsible. He’s pushing these active managers that are selling fear so they can pick uneducated middle class investors pockets. It’s frankly disgusting.
Gold! Gold!
An excellent realistic commentary - thank you.
"It's run dry" .......no it hasn't. They're still printing and printing and printing. Just not as much as 2020
Measuring in gold Dow was 18 ounces of honest gold money in 1929 and still is in 2017 to 2024. Zero gain in 95 years in honest money.
I forgot to add, Rukeyser had 10 elves to help him, I hope you find some too.
Exactly the 10 year yield is going to go up not down. Nothing stops that now and that is all we need to know.
Always a dynamic interview between Adam and Michael.