23 min listen
Economic Outlook and Market Analysis - Jim Welsh #5861
Economic Outlook and Market Analysis - Jim Welsh #5861
ratings:
Length:
19 minutes
Released:
Jul 24, 2023
Format:
Podcast episode
Description
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 on historical indicators such as the yield curve inversion and the increase in lending standards. Kerry Lutz and Jim Welsh discussed the shift in market sentiment from anticipating a recession to believing that it is no longer a concern, and how this may actually increase the likelihood of a recession. They provided a comprehensive overview of the economic factors at play and the potential consequences for investors and the economy as a whole. Welsh also provided market analysis on gold, the S&P 500, and lending standards, and suggested caution in light of current prices. Visit Jim's site: macrotides.com Visit us at: FSN
Released:
Jul 24, 2023
Format:
Podcast episode
Titles in the series (100)
GDP up 2%, Break Out the Champagne — Matthew Johnson #5846: The U.S. economy showed much stronger-than-expected growth in the first quarter than previously thought. increased at a 2% annualized pace for the January-through-March period, up from the previous estimate of 1.3%. The upward revision helps undercut... by Kerry Lutz's--Financial Survival Network