The markets are taking a hit thanks in part to Treasury Secretary Yellen’s comments about rising rates. Crypto has been embraced by the younger generation as an inflation hedge. Now with the rise of Ethereum. Will it displace Bitcoin as the leading the crypto. Dogecoin is an indicator by the younger generation is looking at “defi” to diversify away from centralized financial control. What’s happening now is that people are doing transactions outside the exchange leading to a shortage on the exchanges. Ripple could be a good play too. It’s being used more around the globe. Used cars have are nearly unobtainable. 

A look at Tesla’s earnings. Buffet and Munger are from a lost generation, when “Made In America” really meant something. So they can judge all you want. Mish believes in risk management and doesn’t buy falling knives. What will happen in the market going forward, we could very well see a major correction. Amazon and Apple had great earnings and then market turned a deaf ear. Is it time to short? Hedge? Look to the VIX, it’s now heading higher. Will it continue? If so, Nasdaq could be the ideal short. Watch bonds as well. 

Direct download: Mish_Schneider_04.May.21.mp3
Category:general -- posted at: 8:01am EDT

Are we really giving informed consent in an era when a doctor visit lasts little more than 7 minutes. Has technology really helped the practice of medicine? Conveyor belt medicine doesn’t work. Hands-on medicine is still works best and is crucial for the patient's well-being. Telemedicine isn’t medicine. It’s a prescription factory. They’re too busy writing a script to be concerned with your underlying health and getting to the real root of the problem. Follow the money. We’re starting to find out the truth about the Covid measures that were taken. Believe it or not. the vaccines have not been FDA approved. What does that tell you? 

Direct download: Dr_Elaina_George_03.May.21.mp3
Category:general -- posted at: 8:00am EDT

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