84 min listen
Get Ready For "Much Larger Swings To The Downside" | Adam Kobeissi
Get Ready For "Much Larger Swings To The Downside" | Adam Kobeissi
ratings:
Length:
65 minutes
Released:
Apr 18, 2024
Format:
Podcast episode
Description
The headline economic data gives a comforting sense the economy is strong.
The media headlines tell us the consumer is "resilient"
But if you ask most Americans, they'll tell you they're struggling.
Last year, a Forbes Advisor survey revealed that nearly 70% of respondents either identified as living paycheck to paycheck (40%) or—even more concerning—reported that their income doesn’t even cover their standard expenses (29%).
So why is there such a big disconnect here?
For context, we're fortunate to talk today with Adam Kobeissi, publisher of the popular capital markets report, The Kobeissi Letter.
While Adam remains guardedly bullish in the near term, he thinks market risks are mounting and that investors need to prepare for "much larger swings to the downside" as the year progresses.
Follow Adam at https://www.thekobeissiletter.com/
Or on Twitter at @kobeissiletter
WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com
#bullmarket #marketcorrection #jobs
The media headlines tell us the consumer is "resilient"
But if you ask most Americans, they'll tell you they're struggling.
Last year, a Forbes Advisor survey revealed that nearly 70% of respondents either identified as living paycheck to paycheck (40%) or—even more concerning—reported that their income doesn’t even cover their standard expenses (29%).
So why is there such a big disconnect here?
For context, we're fortunate to talk today with Adam Kobeissi, publisher of the popular capital markets report, The Kobeissi Letter.
While Adam remains guardedly bullish in the near term, he thinks market risks are mounting and that investors need to prepare for "much larger swings to the downside" as the year progresses.
Follow Adam at https://www.thekobeissiletter.com/
Or on Twitter at @kobeissiletter
WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com
#bullmarket #marketcorrection #jobs
Released:
Apr 18, 2024
Format:
Podcast episode
Titles in the series (100)
Debate On The US Dollar: Will It Soar Or Sink From Here? | Brent Johnson vs Matthew Piepenburg by Thoughtful Money with Adam Taggart