🔴 The King of Crypto Had No Clothes – Ep 856
· More economic data confirms we’re in a recession. · Republicans gain control of the purse strings. · Sam Bankman-Fried’s FTX was a crypto Ponzi
· More economic data confirms we’re in a recession. · Republicans gain control of the purse strings. · Sam Bankman-Fried’s FTX was a crypto Ponzi
· Investors being lulled into false sense of security. · More higher income shoppers turning to Walmart. · FTX dominos continue falling. · Donald Trump
· CPI data sends stocks and bonds soaring, while dollar tanks. · Moves of magnitude in gold suggest something significant is going on. · Junior
· Commodities break out of their bear market corrections. · Tech stocks collapsing further. · Smart money is buying gold mining stocks. · Labor force
· Federal Reserve raises interest rates again as expected. · Markets spooked as Jerome Powell dropped bombshells in Fed meeting. · Biden administration gets fact
· Dow has best October in its history. · Rotation continues from growth to value stocks. · Market is priced for perfection with anything but
· Interest rates are the Achilles’ heel of this bubble economy. · Shelter costs are going up, even if housing prices are going down. ·
60 Minutes Australia first made public the false allegations of money laundering and tax evasion that ultimately doomed the bank in an Oct. 2020 broadcast
· High #inflation is here to stay. · Biden shifts the blame for high oil prices on to Putin. · Financial intervention and bailouts are
· CPI numbers worse than investors feared. · Less younger people working while more older people retiring is bad news for Social Security Ponzi scheme.