Jul 31, 2023
1. 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...
Jul 28, 2023
Kerry Lutz and Ed Siddell discussed the current state of the economy and the possibility of a recession. They analyzed the strength of the economy and potential risks such as the commercial real estate meltdown and the banking crisis. They also discussed the impact of debt and credit on the market and the changing...
Jul 26, 2023
Kerry Lutz and Taylor Loht discussed the benefits of investing in real estate over stocks and bonds. They highlighted the importance of cash flow and an abundance mindset for success in real estate, as well as the challenges of dealing with misbehavior in the industry. They also emphasized the importance of networking...
Jul 24, 2023
Jim Welsh provided a detailed analysis of the current state of inflation, predicting that it will continue to rise due to the reversal of energy prices and food prices. He also discussed the impact of higher interest rates on unemployment numbers and predicted that a recession is likely in the near future based...
Jul 21, 2023
Lobo Tiggre joined Kerry Lutz to discuss the state of the economy and inflation, with Lobo providing a nuanced analysis of the factors contributing to the weakness of the US and global economies. They also discussed the strength of the demand for gold despite headwinds like higher rates and Fed tightening. Lobo provided...