Danielle DiMartino Booth thinks that record passive inflows, momentum, and speculation are the main factors currently driving the stock market and while in the short term, the party could continue, eventually reality will rear its ugly head and deliver a long overdue reckoning for the Mag 7 and inflation tech stocks. Danielle also discusses the rising crisis she sees in the housing market, gold’s role as a hedge in our uncertain economic times, why the Fed is cutting rates in the face of rising inflation, and much more.
00:00 Introduction
01:03 Trump Administration’s Economic Policy
02:39 Broad Market Overvalued?
07:09 Massive Job Market Revisions
09:17 Fed Cutting as Inflation Rises
11:32 Political Pressure on the Fed
12:34 Gold’s Role as a Hedge
15:19 Coming Crisis in Housing Market
18:23 The Private Credit Ruse
19:38 Where to Find Value in Markets Today?
22:28 Fixed Income Market
24:21 US Government Stake in Intel
25:23 Solving the Debt and Deficits
27:06 Is it Time to End the Fed?
Credit to : Commodity Culture