20 min listen
Back To Transitory Normal - John Rubino #5192
Back To Transitory Normal - John Rubino #5192
ratings:
Length:
29 minutes
Released:
Jun 29, 2021
Format:
Podcast episode
Description
Crosscurrents everywhere, nothing is clear. Is inflation really receding? 1970’s all over again. A lot of it was driven by commodity price inflation. We’re still going to see big inflation for years. — Inflation high but commodity price trends moderating (lumber, grains, some metals down in the past couple of months). Fed says don't worry, everything will even out. BofA says 4 years of hyperinflation. — GDP growth is pretty high but jobs are disappointing and home sales falling. Are we overheating or rolling over? — Unemployment benefits running out and employment rising in states cancelled that cancelled the bonus benefits. The states that got rid of extended unemployment benefits first are seeing the strongest employment growth. — Covid lockdowns ending but new variant causing trouble in other parts of the world. Is it over or is some new phase starting? Reporter writes about seeing families out shopping maskless, says it's like being in a horror movie. — Miami Beach Condo Collapse, an excuse for CNN to shift from Covid to climate change. How convenient. — Wuhan Lab theory is back in vogue. A lot of info points to the non-natural origins of the Covid 19 virus. — Gold prices took a hit. Just a case of sell in May and go away? Mining stocks are down while the metals aren’t moving much.
Released:
Jun 29, 2021
Format:
Podcast episode
Titles in the series (100)
The Real Threat of Inflation - Gil Baumgarten #5165: The Fed is telling you that the current bout of inflation is just a temporary phenomena. But is it? Noted financial advisor Gil Baumgarten thinks otherwise, it could very well be here to stay. We discuss what will happen to bonds, stocks and real... by Financial Survival Network