Economic Red Flags: Why the Next Recession Could Be Closer Than You Think | Dylan Smith

Wealthion - Be Financially Resilient

English - July 10, 2024 09:00 - 44 minutes - 40.7 MB - ★★★★★ - 276 ratings
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Previous Episode: Inflation Disaster or Relief? Jared Dillian’s Dire Warning

In this episode of Wealthion, Andrew Brill sits down with Dylan Smith, Vice President and Senior Economist at Rosenberg Research, to delve into the current state of the economy.

They discuss the signals of an impending economic downturn, the anticipated rate cuts by the Federal Reserve, and the broader implications of these changes for both investors and the general public. Dylan provides a detailed analysis of inflation trends, labor market shifts, and the potential political impacts on fiscal policy.

TIMESTAMPS:

00:00 - Powell's Next Moves

00:49 - Introduction of Dylan Smith

01:19 - Current State of Economy

02:24 - Economic Data Revisions

04:44 - Inflation and Interest Rates

05:48 - Unemployment Importance

07:21 - Labor Market Easing

08:17 - Interest Rates Discussion

09:15 - Political Implications

11:14 - Election Impact on Inflation

15:39 - CPI and PPI Expectations

17:13 - Rate Cut Hints

21:18 - Market Reactions

33:02 - Market Volatility Concerns

39:56 - US National Debt