Monday, March 18, 2019

Fed is doing about what they should be doing

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Topics discussed include

- This may be a bear market rally

- Wages are not increasing due to Globalization and On Demand economy such as Uber where people are willing to work for less money in exchange for a flexible work schedule.

- Chairman Powell is not a Phd Economist. 

- There is probably more risk of a Deflation than a return to high Inflation for the foreseeable future.

- Fed does not have a good track record in slowing an overheated economy

- Agnostic on Gold

- Brexit

- New York has met its match in Jeff Bezos. He is the wealthiest man in the world. I hope its a wake up call for New York. 

- Net Exodus of resident population in New York,  New York City

Tuesday, February 12, 2019

Wednesday, January 23, 2019

Gary Shilling interview with ET Now - January 2019

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Topics Discussed include
- Chinese economy is definitely slowing and will continue to slow in growth.

- Huge Debts in China. China does not have a safety net.

- Plenty of supply of goods and supplies right now around the world which gives the buyer (USA) the upper hand in trade negotiations.

- USA has better chance of winning the Trade War.

- American companies are moving supply chains out of China. 

- Biggest threat to Emerging Markets are their Dollar denominated debts.