Aug 16, 2022
Summary:
We’re seeing huge signs that the economy is about to roll
over—especially with the current commodity prices. John Rubino
comes on the show to talk about this, and explains some of the
trends that allude to the forthcoming recession. If oil and housing
move in a particular direction, then the rest of the economy has to
go in this direction as well. People are changing the way that they
interact with the market, staying on the cautious side and feeling
more inclined to sell. To hear more on what’s to come, be sure to
tune in to this episode.
Highlights:
-There is a decent chance that the current quarter is negative, and
this will carry us through to the election
-People are starting to save less money with alternative energy
(i.e. electric cars)
-We’re in a transition that needs to be managed
-We’re headed into a time of very slow growth, which leads to
people being nervous in the market. We could see a lot of big cap
being sold, bringing it back down to fair valuation
-Some people would like to see the country divided—people are
moving to other states because of their beliefs
-There’s lots of civil unrest in multiple European countries
because of farmers being targeted.
-Things are too crazy right now for rational participation
Useful Links:
Financial Survival Network
Dollar Collapse