Financial Survival Network
2,675 episodes - English - Latest episode: 14 days ago - ★★★★★ - 103 ratingsA show about how to thrive in the New Economy. It's All About What's Next!
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Episodes
Stock Market Crash Coming? James Locke #5910
September 29, 2023 12:00 - 12 minutes - 16.8 MBKerry Lutz and James Locke discussed the current state of the market and the potential impact of rising interest rates, inflation, and other economic factors on investment strategies. They suggested that dividend-paying stocks and real estate may be good options for investors looking for a defensive posture. They also emphasized the importance of diversification and risk management in investment portfolios. Additionally, they discussed the impact of low mortgages on reducing inventory an...
Pivot, Pivot, Pivot - The Fed Has No Choice -- David Wright #5909
September 28, 2023 12:00 - 16 minutes - 23 MBKerry Lutz and David Wright discussed the recent decision by the Fed to not raise interest rates and its potential impact on the economy. They talked about concerns regarding the banking and financial sector, inflation, and the impact of rising gas prices. Wright suggested that shrinking the balance sheet is the best way to regulate inflation, rather than raising rates, and predicted that rate decreases could occur in September 2024. They also discussed the impact of the UAW strike and th...
Ready for the Great Fed Screw Over — John Rubino #5908
September 27, 2023 12:00 - 33 minutes - 46.6 MBFed promises "higher for longer". 10-year Treasury broke 4.5% this morning. Oil heading towards $100 Credit card losses are spiking and "excess savings" are now negative. Does all this guarantee a recession and equities bear market in 2024? Texas is adding buses to take illegal migrants to NYC and Chicago. We could talk about the press conference AOC tried to hold in Manhattan... UK just passed an "online safety" law that effectively criminalizes dissent. Template for what's ...
Why Go To College? Eddie Yoon #5907
September 26, 2023 12:00 - 22 minutes - 31.4 MBKerry Lutz and Eddie Yoon discussed various economic issues, including the student loan debt bubble and its impact on the economy, the potential long-term consequences of consumer debt, and the challenges facing the retail industry. They proposed solutions such as capping tuition, tying loan forgiveness to universities, and incentivizing universities to improve student outcomes and productivity. They also suggested that retailers should adapt to changing consumer preferences by following a Co...
When Will the Fed Cut? Matthew Johnson #5906
September 25, 2023 12:00 - 17 minutes - 23.4 MBMatthew Johnson and Kerry Lutz discussed the uncertainty surrounding the Federal Reserve's decision to cut interest rates and its impact on the economy. They believe that low interest rates stimulate growth and that corporations are sitting on the sidelines due to high interest rates. They also discussed the possibility of a recession and the Federal Reserve's reluctance to cut rates too early, as well as the telltale signals that indicate a recession is coming. The group also discussed t...
Inflation and the American People - Chris Markowski #5905
September 22, 2023 12:01 - 27 minutes - 37.2 MBKerry Lutz and Chris Markowski discussed various topics related to financial planning, health, and inflation. They highlighted the impact of inflation on everyday Americans, including rising costs of groceries, gasoline, and electricity, and stressed the need for free market solutions. They also discussed the importance of managing finances realistically, cutting expenses, and avoiding debt traps. Additionally, they emphasized the need for good health and investing in oneself to increase...
The Truth About Florida Real Estate -- Zev Friedus #5904
September 22, 2023 12:00 - 32 minutes - 44.3 MBKerry Lutz interviewed Zev Freidus, a former product marketing manager who transitioned into real estate and used technology to build a successful business. Freidus shared how he quit his day job to focus on real estate and used his background in technology to generate leads through a website and search engine optimization. They discussed the importance of using technology to reach a wider audience and revolutionize the real estate industry. They also discussed the differences in work ethic b...
Auto Industry Crash of 2023 -- Carl Gould #5903
September 21, 2023 12:01 - 16 minutes - 23 MBKerry and Carl analyzed the current state of the auto industry, discussing the impact of the pandemic and supply chain challenges on profits, recent union strikes, and the need for a balance between worker demands and the long-term strategy of the company. They also discussed the future of the industry, highlighting the inevitability of EVs and autonomous driving, Tesla's dominance in software and technology, and the need for legacy car companies to adapt to the changing industry. Additionall...
Triple Digit Oil -- RJ Burr #5902
September 21, 2023 12:00 - 26 minutes - 36.7 MBKerry Lutz and RJ Burr discussed the importance of oil in modern society and its impact on commodity prices. Burr argued that there is no feasible replacement for oil yet and that energy is the bedrock of all society. They also discussed the impact of Trump's policies and COVID-19 on the oil industry, with Burr explaining how COVID-19 created acquisition opportunities for oil companies. The speakers emphasized the potential for long-term revenue and tax benefits of investing in oil, and recom...
The Fed Has to Pivot, Sooner or Later -- Craig Hemke #5901
September 20, 2023 12:00 - 30 minutes - 41.5 MBKerry Lutz and Craig Hemke discussed various economic issues, including the impact of Fed rate cuts on the dollar index and metals, the rise of part-time jobs in the gig economy, and the failing banking system. They also talked about China's currency collapse, the disparity in the price of silver between Shanghai and New York/London, and the struggles of emerging markets due to their collapsing currencies. The speakers emphasized the importance of considering the eventuality of the trillions ...
Inflation Just Getting Started -- Russell Stone #5900
September 19, 2023 12:00 - 13 minutes - 18.4 MBKerry Lutz and the Russell Stone discussed the impact of inflation on the economy, predicting a decrease in demand for non-essential items and a drop in prices. They also discussed the deflationary cycle and how it will squeeze out unnecessary credit in the system. The group also talked about the impact of high oil prices on the economy and how people will adapt to changes. They also had a disagreement on Biden's performance, with Kerry praising him and the conference room highlighting hi...
Puli Trading - A Transparent Forex Trading System --Reuben Mettinson #5899
September 18, 2023 12:00 - 14 minutes - 20 MBIn a meeting between Kerry Lutz and Reuben Mettinson, founder of Puli Trading, Reuben explains that their forex trading system is based on transparency, regulation, and a complex algorithm that uses three different types of trading strategies across eight different currency pairs. The system has achieved a 33% gain over the past nine months, with a high risk-to-reward ratio. Reuben emphasizes the importance of risk management, including a tight stop loss on every trade, and being aware of the...
Inflation -- No Place to Go But Up -- David Stryzewski #5898
September 15, 2023 12:00 - 18 minutes - 26 MBDavid Stryzewski, a financial expert, discusses the current market situation and predicts that inflation is back and here to stay due to rising oil and gasoline prices. He advises investors to be cautious and patient, and to consider buying low and selling high, and dollar cost averaging. Stryzewski suggests investing in precious metals, particularly silver and copper, due to their increasing demand in the market. He warns against investing in bonds and suggests finding alternative invest...
$96 Oil and Market Updates -- Eric Hadik #5897
September 14, 2023 12:00 - 27 minutes - 37.8 MBEric Hadik joined us for an update on markets. He previously called for weakness in share markets and sees that trend continuing with sell-offs and rebounds in the year ahead. Gold will stay subdued until the dollar starts to gradually decline, which should be later in 2024. The dollar will start to feel the pressure when the BRICS plans start to take hold and others look for an "anti-dollar." Again later next year. Oil should be hitting its intermediate high shortly. Eric had called for high...
Why Inflation Is A Problem - And Why It's Only Going To Get Worse -- John Rubino #5896
September 13, 2023 12:00 - 45 minutes - 62.4 MBKerry Lutz and John Rubino discussed a range of topics. They talked about the changing landscape of private sector unions and their ability to strike for higher wages, as well as the potential for inflation due to wage increases. They suggested that companies should offer stock options to employees as a way to align their interests with management and moderate demands. The speakers also discussed the potential for wage inflation to spook the Fed into staying tighter for longer and the imp...
Still Bullish After All These Years -- David Morgan #5895
September 12, 2023 12:00 - 30 minutes - 41.5 MBThe interview discussed the potential of gold as an investment and its performance compared to stocks and bonds. David emphasized the importance of gold in preserving wealth and the interest of central banks in buying gold. Kerry brought up the new gold rush in anti-obesity medicines and the market caps of companies producing them. The group discussed the potential side effects of anti-obesity medicines and the importance of exercise and healthy eating habits. The meeting also covered the...
Exclusive Hacks to Profitable Vacation Rentals - Alex Jarbo #5894
September 08, 2023 12:00 - 16 minutes - 22 MBKerry Lutz interviewed Alex Jarbo about his experience running luxury short-term vacation rentals and investing in rural mountain markets. They discussed the challenges of the market, including rumors of market saturation, and how Alex has overcome them by treating vacation rentals like a business and going multi-platform. Alex shared his strategies for obtaining clients' contact information and remarketing to them through direct booking sites. They also discussed the importance of insura...
Not Your Father's Retirement -- Walter Young #5893
September 07, 2023 12:00 - 20 minutes - 28.4 MBKerry Lutz interviews Walter about retirement planning in a pension-less society. Walter explains that individuals are now more responsible for their own retirement outcomes, but may be less prepared due to a lack of education and understanding. He introduces his book, The 5th Option, which aims to make retirement planning more accessible by turning academic research into a story form. They discuss the four frustrating options of traditional financial planning for retirement income and introd...
Prospering in Tough Times -- Herman DeBoard III #5892
September 06, 2023 12:00 - 11 minutes - 15.5 MBKerry Lutz and Herman DeBoard discussed the negative impact of current administration policies on small businesses, including the B genomics program and inflation. They suggested that more funding should be directed towards small businesses to help them grow and stimulate the economy. They also discussed the lack of support for small businesses and the potential for another wave of the pandemic and lockdowns. Additionally, they touched on the debate around a green economy and the challen...
Why Go To College -- Why Go To Night School -- Joseph Reinke #5891
September 05, 2023 12:00 - 17 minutes - 24.5 MBthis interview, Kerry Lutz and Joseph Reinke discussed the challenges of investing in an uncertain economic climate and the importance of managing risk and setting realistic goals. They emphasized the need to focus on increasing assets and debt over time while prioritizing short-term goals such as paying off debt or saving for a down payment on a house. The concept of human capital was also discussed, and Reinke's algorithms were highlighted as a tool to quantify the risk associated with diff...
A GDP Number Too Good to be True -- Eddie Siddell #5890
September 01, 2023 12:00 - 11 minutes - 15.1 MBKerry Lutz and Eddie Siddell discussed the recent GDP print of 2.1% and its impact on the Fed's monetary policy. Eddie Siddell believes that the Fed will raise rates by 25 basis points and maybe one more, even though it's lagging. The discussion also touched on the impact of the upcoming election on the Fed's decision-making process. Eddie Siddell expressed concern about the debt at all-time record highs across the board, including credit card debt, revolving debt, and student loans. They...
Your Job Isn’t Going to China — John Rubino #5889
August 31, 2023 12:01 - 36 minutes - 50 MBLabor market data is mixed, with unions getting double-digit wage increases while job openings (three-month drop of 1.5 mill) and payrolls getting revised way lower. Home sales also revised way lower. Housing is frozen, other than cash buyers. China is trying to reflate a real estate bubble, failing so far. Bitcoin spikes on good news about an ETF approval Biden is getting closer to impeachment. Lately it's been about his fake email addresses and what kinds of deals he did with them. T...
Smarter Than a Startup -- David Barnett #5888
August 31, 2023 12:00 - 19 minutes - 27 MBKerry Lutz interviewed David Barnett about his book "Smarter Than a Startup," which advocates for buying an existing business instead of starting a new one. Barnett explains that buying a profitable business reduces risk and provides an incubation base for new ideas. They also discuss the importance of customer service and setting expectations in the property management industry, the pros and cons of franchising, and the challenges of buying and selling businesses in the current economic clim...
Student Loan Wrecking Ball Coming for the Economy -- Paul Oster #5887
August 30, 2023 12:00 - 26 minutes - 35.7 MBKerry Lutz and Paul Oster discussed the concerning trend of balances receivables hitting one trillion dollars, which is a sign that people are drowning in debt. They explained how credit scores are affected by credit card balances and delinquencies, and how this can have a ripple effect on financial transactions such as buying a car or a home. They also highlighted the impact of credit scores on insurance policies and premiums, and how having a lower credit score can cost people significantly...
Green Breakdown: The Coming Renewable Energy Failure -- Steve Goreham #5886
August 29, 2023 12:00 - 18 minutes - 24.8 MBThink wind, solar, and batteries can replace the hydrocarbon fuels that power our modern industrialized society? Green Breakdownshows why the Net Zero agenda―a forced transition to renewable energy―is costly, dangerous, and destined for failure. Using science, economics, and in-depth analysis, Steve Goreham exposes the weaknesses in the planned green energy transition and predicts a coming renewable energy failure. Steve Goreham's Green Breakdown is a complete discussion of all facets of the ...
Buy Land in Texas -- Clint Turner #5885
August 28, 2023 12:00 - 13 minutes - 17.9 MBKerry Lutz interviewed Clint Turner about his experience investing in land in Texas. Clint shared his journey from trying to graduate college to becoming a successful land investor. He explained the benefits of investing in land in Texas, including the ability to side-step the zoning process and the potential for high returns. Clint also provided advice for those looking to get started in the business, including the importance of having capital and understanding the local market. Visit Clint ...
Stock Markets Down - BRICS Up - Dollar Down -- Charles Nenner #5884
August 25, 2023 17:00 - 18 minutes - 24.9 MBWe sat down with renowned cycle investor Charles Nenner for an update. He sees the BRICS currency taking off and the dollar going much lower over time. He's negative on stock markets but concedes there could be another bounce. Gold/Silver are looking at lows but will rebound and gain ground by years end. Much, much more to this long awaited interview. Visit Charles at: https://CharlesNenner.com Visit us at: https://FInancialSurvivalNetwork.com
China Imploding Now! Triple Lutz Report #493
August 25, 2023 15:39 - 23 minutes - 31.9 MBKerry Lutz discuss the reasons behind China's economic implosion, including huge borrowing, debt bubbles, malinvestment, and an exploitative mercantilist model. They also touch on corruption in China and how it affects business practices, as well as the unreliability of Chinese statistics. Lutz provides a detailed critique of China's infrastructure and response to natural disasters, including the lack of warning and destruction of property. He also discusses the collapse of the housing ma...
Global Economic Transition on the Way -- Andy Schectman #5883
August 25, 2023 12:00 - 23 minutes - 31.9 MBAndy joins us for a wide ranging discussion of the current downward pattern of the world's reserve currency, the US Dollar. The Brics nations are moving forward with a so-called gold-backed currency. Do they have what it takes to supplant the mighty Buck? Andy thinks yes, what's your opinion? Visit Andy at: Miles Franklin Visit us at: FSN
Decode Your Emotional Blueprint -- Judy Wilkins-Smith #5882
August 24, 2023 12:00 - 11 minutes - 15.8 MBKerry Lutz interviewed Judy Wilkins-Smith about her book, Decoding Your Emotional Blueprint, which explores the idea of emotional and financial DNA. Judy explained that people inherit patterns of thoughts, feelings, and actions around money, which can limit them. She suggested identifying and disentangling these patterns to create a healthier money DNA, and offered a four-day event in November to help people do so. The interview covered topics such as the importance of identifying outdated be...
Fraud, Scams & Theft Are Branching Out -- Robert Siciliano #5881
August 23, 2023 12:00 - 25 minutes - 35.4 MBKerry Lutz and Robert Siciliano discussed various types of scams that property owners and investors should be aware of. They talked about land scams, vacant land scams, and wire fraud scams in mortgage closings, and emphasized the importance of taking precautions such as signing up for fraud alerts and monitoring property records. They also discussed the importance of title insurance in protecting property owners from potential claims that may arise after purchasing a property. Additiona...
Crypto-Backed Loans Made Easy -- Mauricio Di Bartolomeo #5880
August 22, 2023 12:01 - 14 minutes - 19.8 MBKerry Lutz interviewed Mauricio Di Bartolomeo, CEO of Leadin Private Wealth, about their flagship product of issuing dollar loans backed by bitcoin collateral and their other offerings in the crypto space. Mauricio explained the benefits of their product, including maintaining ownership of bitcoin while getting the dollars needed without creating a taxable event. He also discussed the transparency measures Leadin takes to ensure the safety of client assets and the ease of setting up an accoun...
Land Investments- Buy, Sell, Profit -- Brent Bowers #5879
August 22, 2023 12:00 - 21 minutes - 30.1 MBIn the meeting, Kerry Lutz interviews Brent Bowers about his successful land investment business, which involves buying and selling land, improving the process, and offering seller financing. Brent shares his investment strategies, including going after bigger and more expensive parcels and building passive income through seller financing. They discuss the impact of interest rates on the business and how it has created more opportunities for them. Brent provides a detailed overview of his...
A New Path to Prosperity Without Crisis -- Richard Vague #5878
August 21, 2023 12:00 - 21 minutes - 29.8 MBWhen we talk about debt and its impact on our economy, we almost always mean “government debt.” However, this is only a small part of the picture: individuals, private firms, and households owe trillions, and these private debts are vital to understanding the economy. In this iconoclastic book, Richard Vague examines the assets, liabilities, and incomes of the entire country, private and public sector, to reveal its net worth. His holistic analysis shows that the real factor that drives both ...
Always Be Educatin'! - Dr. Kuni Beasley #5877
August 18, 2023 12:00 - 28 minutes - 38.8 MBKerry Lutz interviewed Dr. Kuni Beasley about the value of college education and how it has changed over the years. They discussed the rising cost of college and strategies for taking the pinch out of the cost of college, including finding scholarships and grants. They also talked about the importance of choosing the right school and degree program, and how college may not be necessary for everyone, especially for those who are entrepreneurial. Additionally, they discussed the role of te...
Adwords Nerd Shares Hacks for Finding Real Estate Sellers -- Dan Barrett #5876
August 17, 2023 12:01 - 14 minutes - 20.3 MBKerry Lutz introduced Dan Barrett, an expert in helping investors find sellers in a short inventory market. Dan shared his journey from being a high school history teacher to focusing on a particular type of client. He explained how his agency focuses on online methods to find sellers and shared some of the strategies they use. Dan provided an overview of the two main online marketing strategies, the shotgun approach and the sniper approach, and emphasized that there is no one-size-fits-all a...
Drugs or Dog Food Now that Student Loans are Due — John Rubino #5875
August 17, 2023 12:00 - 39 minutes - 54.9 MBIn this meeting, Kerry Lutz and John Rubino discussed a range of topics, including the impact of rising student loan debt on credit card balances, the benefits and risks of writing covered calls on certain stocks, and the consequences of San Francisco and California's experiment with legalizing crime and camping on the streets. They also discussed the severity of China's real estate crisis, the ongoing Russia-Ukraine war, the recent wildfire in Hawaii, the changing nature of rebellion and pro...
Your Personal Energy Level is Your Key to Success -- Josephine Campbell #5874
August 16, 2023 12:00 - 14 minutes - 20 MBKerry Lutz and Josefine Campbell discussed the concept of managing personal energy levels for business success using the imaginary tool called the power barometer. They emphasized the importance of taking responsibility for one's energy levels and how it can affect team performance. They also talked about the personal nature of business and how owning one's energy levels is crucial. The discussion also touched on the importance of sleep and healthy sleep patterns, as well as practical steps t...
Investing in Warrants and Cheap Stocks - Dudley Baker #5873
August 15, 2023 12:00 - 21 minutes - 30.1 MBKerry Lutz and Dudley Baker discussed the current state of the resource sector and the potential for high returns in the future. Baker mentioned a service he subscribes to that predicts a cycle low in precious metal stocks, which could be causing the current down pressure on gold and mining shares. He believes that once these cycle lows have passed, there should be a big up move in the gold and mining shares, potentially leading to ten baggers or even x one thousand percent returns for invest...
Economic indicators & Secret Bank Bailouts - Robert Kientz #5872
August 11, 2023 12:00 - 23 minutes - 32.3 MBKerry Lutz and Robert Kientz discussed the banking crisis and deposit gap caused by the Federal Reserve raising interest rates, leading to an outflow of almost a trillion dollars from large commercial banks and several hundred billions from small commercial banks. They expressed concerns about the potential for wholesale defaults and policymakers' ability to recognize the issue and take action to help shore up the banks' balance sheets. The speakers also discussed the possibility of bailouts ...
Over the Abyss with Doug Casey #5871
August 10, 2023 12:00 - 27 minutes - 38 MBDoug Casey and Kerry Lutz discussed various topics including the potential dangers that could lead to the collapse of civilization, the decline of DIY repairs due to modern technology, the role of government and its usefulness, and the challenges of sustainable energy sources. They emphasized the importance of individual freedom and free markets in solving the problems facing the world. They also discussed the misconceptions about Russia and the benefits of nuclear power as a safe, clean, and...
We Don't Need No Stinking' Recession -- Russell Stone #5870
August 09, 2023 12:00 - 14 minutes - 20.4 MBKerry Lutz and Russell Stone provided a comprehensive analysis of the current state of the market, discussing the impact of external factors such as China's economy and Europe's slowdown. They also delved into the value of precious metals and the strength of the dollar, and how these factors may affect the market in the future. The speakers also discussed the role of the Federal Reserve and interest rates, and how these may impact the bond and fixed income markets. Additionally, they eng...
Liberty and Finance's Dunagun Kaiser Speaks #5869
August 08, 2023 12:00 - 25 minutes - 34.8 MBWe were very fortunate to sit down with an our close friend and associate Dunagun Kaiser at the recent Rick Rule Symposium. We go way and we reminisced about old time and spoke about where the world is heading. While the situation is always hopeless we prove quite conclusively that it is never serious. We talk about the value of children, family and communities in helping you to prepare for an uncertain future. Visit FSN at: https://FinancialSurvialNetwork.com Visit Dunagun at: https://www....
FURY Continues to Expand Eau Claire Gold Deposit with CEO Tim Clark
August 05, 2023 17:27 - 15 minutes - 14.6 MBWe sat down for a sponsor update from Fury Gold Mines’ (FURY 🇨🇦: FURY 🇺🇸) CEO Tim Clark and Exploration SVP Bryan Atkinson ( FURY). Drill results are in for the first 3 holes for 2023. Multiple zones of high-grade gold were intercepted at the Hinge Target. Gold mineralization was present in each drill hole including 5.0 meters of 3.6 g/t Au, 6.5m of 2.66 g/t Au, 6.0m of 2.77 g/t Au and 1.0m of 10.35 g/t Au. Atkinson says things are going exactly to plan with good continuity and results. CEO C...
New Blue Sky Opportunity Funded by Production Cash-Flow -- Trillion Energy
August 05, 2023 12:39 - 16 minutes - 15 MBWe sat down with Trillion Energy’s (TCF 🇨🇦: TRLEF 🇺🇸: Z62 🇩🇪) CEO Arthur Halleran for a sponsor update. The company is refocusing its efforts. After successfully drilling 6 natural gas wells, Trillion is seeking to maximize daily production and cash flow. Underwater wells are complex and Trillion is working to balance production in an effort to insure optimal cash flow. Art informed us that the company will begin drilling again in 2024, after completing a major 3D seismic study on its existin...
The World According Martin Armstrong Part IV -- De-Dollarization and the Neocons Aren't Going Anywhere #5868
August 04, 2023 12:00 - 27 minutes - 38.1 MBKerry Lutz interviewed Martin Armstrong about his new book on De-Dollarization and its potential impact on global financial markets. Armstrong argued that the US dollar's dominance is backed by deep financial markets and that the creation of a BRICS currency is unlikely to replace it. He also discussed the geopolitical factors at play, including the Biden administration's removal of Russia from Swift and the impact on globalization. Armstrong suggested that the de-dollarization trend is drive...
Franchising Opportunities -- Patrick Elsner #5867
August 03, 2023 12:00 - 14 minutes - 20.3 MBKerry Lutz and Patrick Elsner discussed the potential of investing in franchise opportunities and the benefits of technology for franchise brands. They also talked about the startup costs for a Massage Envy franchise and the differences between medicinal and spa-like environments for massage franchises. Additionally, Elsner shared insights on franchise financing and success stories, highlighting that while financing can be costlier due to interest rate spikes, self-funding is common among hig...
Is Elon Musk the Most Powerful Man on Earth — John Rubino #5865
August 02, 2023 12:00 - 43 minutes - 59.3 MBJapan capitulates again, interest rates spike, yen falls. Fed is getting frustrated that the markets don't think it's serious. Under the headlines, the economy is still slowing. --manufacturing indexes are in contraction -- commercial real estate is falling -- housing is frozen, stocks hit new highs and are cutting prices. There’s a shortage of housing due to 3% mortgages. Baby boomers can’t downsize. Niger coup roils the uranium market. Why political risk is a real thing. The BRICS m...
Recession Risk Is Still Present -- James Locke #5865
August 01, 2023 12:00 - 17 minutes - 24.6 MBPMI Report (Manufacturing Purchasing Managers' Index) measures the activity level of purchasing managers in the manufacturing sector Past few months we have seen the numbers in line or under expectations Last week it was above for the first time since April Another number will be reported tomorrow ALL values are still negative, even if they are not as negative as initially thought. Everyone is Bullish and it is scary! Morgan Stanley strategist Mike Wilson finally capitulated and apologized...
Interest Rate Roller Coaster Keeps Going -- Eddie Yoon #5864
July 31, 2023 12:00 - 16 minutes - 22.5 MB1. Consumer spending roller coaster continues Disposable income went up slightly to 0.4% in May 2023, after 4 months of declines Personal consumption expenditures continues to roller coaster, at basically flat at 0.1% in May vs. +0.6% in April and +0.1% in March 2. Out with the old...legacy categories and consumer loyalty are declining, as consumers become more price sensitive "Serial churners" on Netflix (consumers who binge and quit streaming services) grew from 3% of subs in 2...