Economist’s “News and Views” Friday 5-10-2024
Fed to Raise Its 2% Inflation Target? Seismic Re-Pricing Across All Asset Classes Coming – McDonald
Kitco News: 5-9-2024
Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Larry McDonald, Founder of The Bear Traps Report and New York Times bestselling author of 'How to Listen When Markets Speak' and 'Collossal Failure of Common Sense.'
McDonald warns that we are headed into an era of persistent inflation, escalation in global conflict, a multipolar world, a weakening U.S. dollar, a series of sovereign debt crises, and capital fleeing out of financial assets into hard assets.
He sheds light on how the Federal Reserve will approach its 2% inflation target amid sticky inflation. McDonald also explores the coming commodity bull market, going over the top winners. He shares his price outlooks for gold, silver, platinum, oil, and natural gas.
00:00 Coming up
00:44 Introduction: Fed’s Inflation Target
01:19 Inflation and Economic Shifts
03:15 The Future of Financial Markets and Debt Solutions
04:57 The Inevitable Shift Towards Higher Inflation Targets
07:55 The Impact of Inflation on Investment Strategies
15:17 Navigating the Commodity Bull Market and Asset Allocation
20:25 The Global Economic Landscape and Commodity Demand
23:50 Strategic Outlook on Oil and Natural Gas
28:10 The Current Equity Climate and Market Risks
33:48 Commodity Investments
34:50 The U.S. Banking Sector’s Troubles
37:52 The Perils of Passive Investing and ETFs
47:09 U.S. Debt and Dollar Dynamics
52:39 Gold and Silver
58:59 Platinum
01:05:59 Potential Threats to the Commodity Bull Market Thesis
Why Warren Buffett Is Raising Cash: Market 'Euphoria' In Final Stage | Bill Smead
David Lin: 5-10-2024
Bill Smead, Chairman of Smead Capital Management, discusses the late stages of market euphoria.
0:00 - Intro
0:50 - Berkshire Hathaway and cash
4:33 - Markets entering new era
19:20 - Passive investing
22:20 - Valuations and investing
30:55 - Energy sector
36:45 - Inflation and monetary policy
40:46 - Financials sector
China CHECKMATES Europe’s Economy As Countries Flee Dollar Assets To Buy Gold
Sean Foo: 5-10-2024
China just dropped a bombshell on the EU. While Brussels mulls punishing Beijing with trade barriers, Xi Jinping just upgraded Hungary's relations and announced a big free trade agreement with Serbia.
Meanwhile, countries around the world are progressively exiting US bonds for gold.
This is the effect of the US government's never-ending spending and bond issuance that is flooding the market relentlessly.
Timestamps & Chapters:
0:00 Xi's EU Bombshell
3:23 Serbia & Hungary Chooses China
6:46 US Treasuries Hit Brick Wall
8:12 Sponsor: Indigo Precious Metals
9:33 Horrific US Debt Estimates
10:41 Countries Flocking To Gold
13:28 Narratives Are Collapsing