@adam taggart - I’ve been following your channel since before it had such wide appeal. I am so impressed by your thoughtful interview techniques & questions and the high quality of your guests. I just want to say thank you for what you do!!!! 🙏🏼
Thanks Adam. I don't see how interest rates can be raised much when public and private debt are so high. I also wonder how much ESG considerations will contribute to inflation given that switching to alternative energy sources will not be cheap or quick, and there is no replacement for oil which is used in so many products.
I am glad your guest gave his personal (approximate) portfolio position. This should be standard for any guest appearing on this channel. As a newly retired (sort of) person, and listening to the well reasoned views by numerous guests, my portfolio is about 15-20000 better off than it would have been this year. The hardest decision to make is to follow up on that decision. Thanks Adam!!
At the present time the FED is buying up the short-term Notes being sold into the secondary markets by China and Brazil. If it ever misses a buy, those chickens will come home to roost.
How it ends is self fulling. Cost of goods go up, people stop buying, companies close, economic markets collapse, people start working for less money just to get a job and it's a total reset. Liquidity is gone, markets correct through a depression and we're good to go again. Just have to get past the pain.
I would love to attend the conference but unfortunately $399 cad is too much for me right now. I know it'll be worth it. Does anyone think I'll be able to get the videos on a discount after the conference? Just curious. Love the content on this channel!
@@conagri5000 eventually there will be a default. Some or part of the military, social security/Medicare or bond holders. It will be significant. Don't think inflation will work out the debt
They will stop at 2%. US government is bankrupt and cannot pay interest on its $30+ trillion of debt. The only option for the Fed is QT - asset price depreciation.
Surprised to hear this person believes the financial system is better now than 2007. I would like to see his balance sheet and compare it to the nation with the reserve currency. He has an interesting perspective
Wealthion the Fed just released a 40 page document with a 22 questionnaire regarding digital currency or what they term CBDC so when will you be presenting a podcast in regards to this very important topic and what effects such a thing will mean for the dominance of the petro-dollar in digital form
It’s going to happen, or else they wouldn’t of even write it, released it, included it in their calendar…….. if you do research on the top 10 cryptos you will find one that has partnership with a bunch of central and regional banks. Buy as much of that coin as possible because that’s going to be replacing the petrol dollar in international monetary exchange/settlement. Which means that the effect this will have is that the petro dollar will go bye bye lol. There will be a digital US dollar but it will NOT be the worlds reserve currency. It will be included in a basket of the top 5-10 world currencies that determine the price of what eventually becomes somthing like the SDR which will replace it as the worlds reserve cirrency.
@@pedroalvarado9511 Interesting, thanks. XRP is one of those few cryptos like Cardano that has an extremely rabid (or dedicated, depending upon your perspective) following that's also vilified by others in the crypto space.
I hear ya, Axel... I'm geared toward miners (precious and base metals) and streaming royalty equities. Probably 70% of my stocks are in miners. The Great Bear takeover was a nice catch, although Kinross has a role in that nasty accident in Africa that demolished a town. And we get Kinross shares for Great Bear shares. Vale has some problems with tailing ponds that are failing, and while I don't own it, Glencore was in The Panama Papers and will have to pay some back-taxes. But crypto is showing it's on par with Pet Rocks when it comes to 'stores of value'; Russia and China are socking away the yellow metal. Platinum will have its day again when they start making cars. And companies like BHP and Mesabi Trust offer great dividends. It should be an interesting 3Q22...
Go long TIPs and short nominals would be one way to bet against inflatuon being contained but I am sure fixed income traders could devise a better approach.
How soon will house prices start falling after interest rate hikes? If house prices continue to rise after rate hikes, what will that mean for for first time home buyer’s?
They re not capable of raising anything other than nominal .... there are no Voulkers anywhere in the FED or in the executive branch. Presently markets are believing what has happened since 2008 in respect to inflation will always remain they will keep inflating and blaming
Mathematically the Federal Reserve can't tame inflation and the absolute value of the federal debt is greater than the gross domestic product any interest rate increase would cause guest service on the federal debt to spiral out of control almost immediately example 10-year treasury treasury go to 4% most of the federal debt is on a short rollover term it's not in finance long-term as it rolls over into higher interest rates the weighted average cost of the debt increases dramatically once it reaches 3% interested over a trillion dollars a year and climbing boom!
Everything old is new again Never believe that the markets have changed. It's always a risk on/risk off game. Chartists are often wrong but your gut will always serve you well.
As the economy crisis keep rising, one needs to have different streams of income, a well detailed diversified investment portfolio in the financial markets is needed to survive,as well as secure a profitable investment future
1m to generate income. Lots of business opportunities if you have a business mind even in challenging times and retired. just buying used cars over the last year would have generated 20-30 Percent. Always be ahead of the curve.
Me thinketh easy in Sydney, Australia where in the Greater West an investor can purchase a property on large piece of land. There they can build what is called a two bedroom granny/fonzie flat and a studio, as per Axles example all for....... under a million. Income generation would be an approximate safe 5% compounding yearly!!! No brainer!!!😉🙂
How did he figure we are in "expanding economy"? How are we exactly expanding? Agreed with comments here that his comments are weak and doesn't hold any values...
Watch out for guys like Axel who tell you they are still in stocks; just because you are a money manager, it doesn't mean you are not one of the BTFD crowd. Today's market action should convince you that they are wrong.
@@jeffreygoss8109 All stocks will go down once the margin calls start. Eventually gold mining companies might come back, but initially they will be dumped to satisfy those margin calls.
A whole lot of rich people will die. Where's the surprise part again? Here's my advice to you financial people: Don't walk the streets like you have money. The situation is that dire. I am serious, cut up your clothes to blend in, otherwise you are getting robbed. You'll have to start looking poor just to give the impression you're like everyone else.
"They should have raised last summer" Nope, they should have raised rates about 18 years ago!
I think the title should be “What happens if the Fed succeeds at not taming inflation?”
That's funny! And true.
@adam taggart - I’ve been following your channel since before it had such wide appeal. I am so impressed by your thoughtful interview techniques & questions and the high quality of your guests. I just want to say thank you for what you do!!!! 🙏🏼
Wow, thank you, Karen! That's very kind. Not sure I deserve such high praise, but will continue working hard to earn it!
Thanks Adam. I don't see how interest rates can be raised much when public and private debt are so high. I also wonder how much ESG considerations will contribute to inflation given that switching to alternative energy sources will not be cheap or quick, and there is no replacement for oil which is used in so many products.
Exactly. US government cannot pay interest on its debt. The Fed will do QT.
Very smart group. I really enjoy listening to all the videos.
I am glad your guest gave his personal (approximate) portfolio position.
This should be standard for any guest appearing on this channel.
As a newly retired (sort of) person, and listening to the well reasoned views by numerous guests, my portfolio is about 15-20000 better off than it would have been this year.
The hardest decision to make is to follow up on that decision.
Thanks Adam!!
Inflation - the increase in money supply.
The Fed - the organisation that has, and continues to, massively increase money supply.
At the present time the FED is buying up the short-term Notes being sold into the secondary markets by China and Brazil. If it ever misses a buy, those chickens will come home to roost.
Not only I did subscribe but posted link to most family members so you can get more subscriptions. You all deserve it.
Thanks for all your hard work!
This fellow really connected with the way I think!
How it ends is self fulling. Cost of goods go up, people stop buying, companies close, economic markets collapse, people start working for less money just to get a job and it's a total reset. Liquidity is gone, markets correct through a depression and we're good to go again. Just have to get past the pain.
I don’t think they want to tame it anyway.
It will be the next crisis
I would love to attend the conference but unfortunately $399 cad is too much for me right now. I know it'll be worth it. Does anyone think I'll be able to get the videos on a discount after the conference? Just curious. Love the content on this channel!
That’s a good question.
inflation punishes savers.
It punishes everyone except the 1%.
@@conagri5000 inflation rewards debtors. It makes current debt cheaper in the future
@@Gauge1LiveSteam I'm aware. US bond debt around 29 trillion, the primary reason they are creating inflation. On purpose.
@@conagri5000 eventually there will be a default. Some or part of the military, social security/Medicare or bond holders. It will be significant. Don't think inflation will work out the debt
Not if you save in gold. As in real physical gold bullions.
He has a copy of Value Investing for Dummies on his bookshelf.
I can’t decide if this is a good or bad thing 😁
Video should be named "What happens when Fed fails to tame inflation"
Comeon, we all know they wont tame it
Interest needs to be at least at 8%
I BELIEVE YOU ARE OPTIMISTIC. INFLATION IS REALLY 15% SO... BREAKING INFLATION WOULD REQUIRE A 17% INTEREST RATE. WE ARE SO SCREWED.
It won’t happen.
Maximum 2% I suspect.
They will stop at 2%. US government is bankrupt and cannot pay interest on its $30+ trillion of debt.
The only option for the Fed is QT - asset price depreciation.
If they don’t stop inflation we are finished
The Fed cannot raise rates because of $30 trillion of government debt. Most likely the Fed will emphasize QT (quantitative tightening).
Surprised to hear this person believes the financial system is better now than 2007. I would like to see his balance sheet and compare it to the nation with the reserve currency. He has an interesting perspective
When has the Fed ever been right?
Inflation is a hump: Christine le Garde said so.
It’s just the prices that stay up if it’s just a hump.
Network effects are the best defences against inflation
Wealthion the Fed just released a 40 page document with a 22 questionnaire regarding digital currency or what they term CBDC so when will you be presenting a podcast in regards to this very important topic and what effects such a thing will mean for the dominance of the petro-dollar in digital form
It’s going to happen, or else they wouldn’t of even write it, released it, included it in their calendar…….. if you do research on the top 10 cryptos you will find one that has partnership with a bunch of central and regional banks. Buy as much of that coin as possible because that’s going to be replacing the petrol dollar in international monetary exchange/settlement. Which means that the effect this will have is that the petro dollar will go bye bye lol. There will be a digital US dollar but it will NOT be the worlds reserve currency. It will be included in a basket of the top 5-10 world currencies that determine the price of what eventually becomes somthing like the SDR which will replace it as the worlds reserve cirrency.
@@pedroalvarado9511 Algorand?
@@HidingFromFate XRP
@@pedroalvarado9511 Interesting, thanks. XRP is one of those few cryptos like Cardano that has an extremely rabid (or dedicated, depending upon your perspective) following that's also vilified by others in the crypto space.
Excellent Adam.
Keep up the great work you are doing.
Shalom.
I hear ya, Axel... I'm geared toward miners (precious and base metals) and streaming royalty equities. Probably 70% of my stocks are in miners. The Great Bear takeover was a nice catch, although Kinross has a role in that nasty accident in Africa that demolished a town. And we get Kinross shares for Great Bear shares. Vale has some problems with tailing ponds that are failing, and while I don't own it, Glencore was in The Panama Papers and will have to pay some back-taxes. But crypto is showing it's on par with Pet Rocks when it comes to 'stores of value'; Russia and China are socking away the yellow metal. Platinum will have its day again when they start making cars. And companies like BHP and Mesabi Trust offer great dividends. It should be an interesting 3Q22...
Gold 🥇 Silver 🥈 and oil 🛢
What happens? Lebanon, Venezuela happens
Go long TIPs and short nominals would be one way to bet against inflatuon being contained but I am sure fixed income traders could devise a better approach.
What if the fed fails to pay themselves no more then the national average income to stop thee inflation?
They make all their money from outside influences or insider trading.
How soon will house prices start falling after interest rate hikes? If house prices continue to rise after rate hikes, what will that mean for for first time home buyer’s?
Means we’re screwed
"Expending economy" due to Fed = debt
They re not capable of raising anything other than nominal .... there are no Voulkers anywhere in the FED or in the executive branch. Presently markets are believing what has happened since 2008 in respect to inflation will always remain they will keep inflating and blaming
Mathematically the Federal Reserve can't tame inflation and the absolute value of the federal debt is greater than the gross domestic product any interest rate increase would cause guest service on the federal debt to spiral out of control almost immediately example 10-year treasury treasury go to 4% most of the federal debt is on a short rollover term it's not in finance long-term as it rolls over into higher interest rates the weighted average cost of the debt increases dramatically once it reaches 3% interested over a trillion dollars a year and climbing boom!
Everything old is new again
Never believe that the markets have changed. It's always a risk on/risk off game. Chartists are often wrong but your gut will always serve you well.
At some point Gold and Silver will explode upward......
As the economy crisis keep rising, one needs to have different streams of income, a well detailed diversified investment portfolio in the financial markets is needed to survive,as well as secure a profitable investment future
Gold, silver repeat .
I would look at value, earnings in a time of inflation, pricing power to maintain profits if raising prices
1m to generate income. Lots of business opportunities if you have a business mind even in challenging times and retired. just buying used cars over the last year would have generated 20-30
Percent. Always be ahead of the curve.
We deceive ourselves on risk and what we think is safe
If???
END THE DUCKING FED!
Me thinketh easy in Sydney, Australia where in the Greater West an investor can purchase a property on large piece of land.
There they can build what is called a two bedroom granny/fonzie flat and a studio, as per Axles example all for....... under a million.
Income generation would be an approximate safe 5% compounding yearly!!!
No brainer!!!😉🙂
How did he figure we are in "expanding economy"? How are we exactly expanding? Agreed with comments here that his comments are weak and doesn't hold any values...
Watch out for guys like Axel who tell you they are still in stocks; just because you are a money manager, it doesn't mean you are not one of the BTFD crowd. Today's market action should convince you that they are wrong.
I agree, but he has mandates to remain in mining equities
@@jeffreygoss8109 All stocks will go down once the margin calls start. Eventually gold mining companies might come back, but initially they will be dumped to satisfy those margin calls.
@@investmentdrone283 oh I agree.
come on dude, having a million dollars makes it easy, stop yourself, 90 something percent of people are nowhere near that kind of money...
A whole lot of rich people will die. Where's the surprise part again? Here's my advice to you financial people: Don't walk the streets like you have money. The situation is that dire. I am serious, cut up your clothes to blend in, otherwise you are getting robbed. You'll have to start looking poor just to give the impression you're like everyone else.
Can he afford the downturn? ... I would give him a call in a month ... Max 2
👍
Fed becomes chicken hawk very soon
His wife runs his mind !
2nd
They hsve not hile yrt and by expection market already crashing red every fking day slmost
Glad you mention Axel is not a financial advisor because he did not inspire confidence in his ability to predict markets
SQQQ
He is vague not helpful half the time I could not understand what he is trying to say and as usual they all don’t answer questions directly!