Ep. 82 -2023: Highly Volatile Economy with Growing Global Influence
Description
With a growing global influence of China, Russia, India, and Iran vs. the West, we close out the year considering the future role and power of the Shanghai Cooperation Organization in economic and military contexts. Energy prices and U.S. unemployment issues will return as significant “impactors” on the real estate, stock, and bond markets. Happy Holidays, everyone and we’ll be back next in January!
This week, we’ll talk about the implications of the BRICS+ meeting, increasing long term interest rates, and the continuing vast amount of dollars coming into the U.S. stock and bond markets.
Historically, in war times, money moves out of higher geographical risk areas into U.S. dollar...
Published 10/31/24
Most of the leading Western countries going into or well into recessions while Russia and China organize BRICS+ against the dollar and economic leadership.
The implications of chronic under-reporting U.S. employment and inflation in the context of increasing long term interest rates and out of...
Published 10/17/24