What school grade would you give Jerome Powell? How fragile is the US economy? Michael Lebowitz joins me to discuss these topics and many more in great detail. Don’t be fooled by the current seemingly strong economy.
#gold #powell #economy
————
Thank you to our #sponsor MONEY METALS. Make sure to pay them a visit: https://bit.ly/BUYGoldSilver
————
Guest: Michael Lebowitz, Portfolio Manager
Company: Real Investment Advice
https://realinvestmentadvice.com
@TheRealInvestmentShow
Recording date: March 28th, 2024
———————
Save the Date
DEUTSCHE GOLDMESSE
May 3 & 4 in Frankfurt, Germany
www.deutschegoldmesse.com
Register today.
———————
►► Follow Us! ◄◄
Twitter: http://twitter.com/soarfinancial
Website: http://www.soarfinancial.com/
**Disclaimer:**
Some of the links presented might be affiliate links. We might receive a commission if a purchase is made using those links!
Unless specifically disclosed, all information available on Soar Financial and its affiliates or partners should be considered as non-commercial in nature. None of the content produced by Soar Financial should be considered an endorsement, offer or recommendation to buy or sell securities. Soar Financial is not registered with any financial or securities regulatory authority in Canada, the US, Europe, or the UK, and does not provide, nor claim to provide, investment advice or recommendations to any consumer of the content that Soar Financial produces and publicizes. Always do your own due diligence and/or consult a qualified legal, tax, or investment professional if personal advice is deemed necessary.
Soar Financial and its related companies (including its directors, employees, and representatives) or a connected person may hold equity positions in securities detailed in communications. When this occurs a disclosure will be made. Disclosures on social media will be made using the hashtag #coi (short for conflict of interest).
Soar Financial, its affiliates, and their respective directors, officers, employees, or agents expressly disclaim any liability for losses or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of this site or any decision made or action taken in reliance upon the produced content of Soar Financial, whether authorized or not. By accessing Soar Financial’s content, each consumer of Soar Financial content releases Soar Financial, its affiliates, and their respective officers, directors, agents, and employees from all claims and proceedings for such losses, damages, or consequences.
#USEconomy #Economy #SP500 #SP5000 #stockmarket #stocks #tedoakley #investing #money #gold #soarfinancially #marketcrash #recession #inflation #bonds #bondmarket #bondauction #usbonds #consumerdebt #FED #goldprice #goldinvestment #investments #money #savings #bankingcrisis #bullmarket #bulltrap #mag7 #nvidia #tesla #microsoft #apple #aapl #msft #alphabet #googl #amazon #amzn #nvda #meta #tsla #zerohedge #silver #silverprice #silvermarket #saxobank #michaellebowitz #fomc #ria #realinvestmentadvice
30 Comments
Mike Green , Bill Fleckinstein , have the same opinion ,
If the economy was doing so well why at my job at UPS are they laying off people. UPS is looking to shut down 200 facilities or making them more automated which would lead to job loss. Amazon is also looking into collapsing office spaces and laying off people just like UPS
Two things about the market you need to realize is that companies are doing BuyBacks. And what is the percentage of people that are actually in the stock market versus the people in the real economy. It's in the teens. So you are categorizing The Economy based off of a small percentage of people versus all the people in the regular economy as a whole
The rates going down 75 basis points won't do anything for the real estate market are people jump in at that rate they are pretty dumb
Gold is spiking again
Jobs are not plentiful what is he talking about maybe he should be looking through at some Economist channels that show or go over people's situations where they call for a job and they say the job has already been filled but yet they won't take down the job posting meaning that they're fictitiously putting numbers out there in your believing it
Again you guys need to look under hood. Pay rates may have gone up but not at the rate of inflation and then you have to look at hours worked hours are actually dropping more people are not in the full-time hours camp so that becomes now a part-time job and that's why you think that there is so many jobs out there because all the jobs are being pushed into part-time so people have to now take on two jobs not making enough money with their one job
For the last two 2 and 1/2 years is because of helicopter money it's called stimulus if that money wasn't there we would be in a depression now that the money is run out we're heading still back into that depression. Just wait this is an economy that was delayed to go into a recession / depression because of stimulus
The bond auctions are showing us that nobody's interested anymore because they can see the Ponzi scheme is just about up the endgame is the system fails or hyperinflation
Immigrants don't help if you don't have the infrastructure to take them in. They did it completely ass backwards for one that's more of a security issue. You need to vet these people coming in to this country because I guarantee you these countries to the South are emptying their jails and sending them up
What's that million dollars you buy 50% gold 50% in Gold stocks uranium stocks
Great interview. Really appreciate the bit about watching the reverse repo and draining that down to somewhere around $1B and the effects that will have on liquidity, which is the biggest factor pushing the market right now.
Lebowitz has flip his view 180 degrees in the last month. His book must be putting pressure on him.
Great interview. Mike's great.
The economy has grown in the last 4 years? In nominal terms, perhaps. In real terms, it does not seems that people are better off than they were before the pandemic. Either there is next to no real growth, or most of it ends up in someone else's pockets (not the people's).
Here in Europe, governments still run pandemic level budgets, despite the pandemic being essentially over (the hysteria is gone, at least).
14:45 Is complete and utter nonsense and probably why Lebowitz has been so wrong on inflation/deflation and the bond market the last year or so.
If the deficits have been about the same for the last few years as he says (and they HAVE been unnecessarily, irresponsibly and criminally high (especially since we're not even in a recession) sending tax payers' further and further into debt,… all just in an attempt by demcorats to buy votes to try to buy their way, even if they have to destroy/bankrupt the country to do it, into permanent power) . why does the GDP growth rate keep cranking out higher and higher numbers? Nearly 5% in Q3 of last year,.. and still growing in the 2 to 3% range each qtr.
First,… government deficit spending should NOT be the main driver of economic growth. That's not real growth that's printing growth.
Because 1. it's not sustainable and 2. financial suicide,.. especially when we're not even in a recession. That is insane.
It's kind of akin to being lost in a baren environment and slowly eating parts of yourself to stay alive.
That's not how healthy good economies work.
Just see Venezuela,.. Argentina,..
2. But deficit spending can increase GDP beyond the year it is claimed,.. because when they book spending as part of a budget,.. it's not all spent (or if it is it is just given to a state, city,… or what ever to spend and even they can't spend it) in a single year.
If you're building a highway, a chip factory, etc and $trillions have been earmarked for it,… they can't and don't design, build and get paid for it all in a single year.
It ramps up, design/work completed grows over time, reaches a peak and then slowly ramps down until completion,.. as does payment/spending for it.
Nobama claimed he had "shovel ready projects" to stimulate the economy after the GFC,.. and it took qtrs if not years for those to start.
Deficit spending can boost the GDP for years. And if it's sequential years of high defcits,.. it can ramp up for years even if the deficits remain the same or heaven forbid the gain some fiscal sanity and reduce them.
The US used to look down its nose at centrally planned economies…yet, here we are. Disgusting!
It's like a mainstream media interview, operating within the psychological confines of Truman-Show officialdom and its narratives. Fed this, Powell that – It's just like in 2020 the way talking-heads put forward opinions that governments made mistakes with lockdowns and restrictions whereas it was blindingly obvious that it was part of a deliberate plan for which they were forced into by the finance cartels mafia. These people don't make mistakes. It's all planned, orchestrated, controlled.
Yeah, but if banks don't make loans – they're kind of out of business as well.
Ahh… the Fed may cut? It’s an absolute lock they will and they actually can’t wait to do it because it allows them to keep inflating. They will be too late to save the economy as usual, however, when they begin cutting Stock markets usually decline, beginning a month or so after.
I have no fear of missing out.
I guess my brain is wired differently.
Deficit Reduction: sell California port of lost Angeles
We need a depression to get out of this! If we inflate way out we are doomed – have to break it down and rebuild it
They should of been raising from 2011-2019
Great interview. Thanks!
The Leeb!
Physiology of Plunder
When Plunder Becomes A Way Of Life For A Group Of Men In A Society, Over The Course Of Time They Create For Themselves A Legal System That Authorizes It And A Moral Code That Glorifies It…
Fre'de'ric Basiat
,
Winken Blinken and Nod's At Work Blowing It Up.
Completely Accountable
Thanks
Great show, thanks