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"Way Too Much Is Priced Into This Market" | Mike Shedlock

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Content provided by Adam Taggart | Thoughtful Money. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Adam Taggart | Thoughtful Money or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
We're currently receiving a lot of mixed signals about the direction of the economy? Inflation has dropped to 2.9%. And retail sales for July just beat expectations. That's good, right? But unemployment has rising to 4.3%, triggering the Sahm Rule recession indicator. And credit card and auto loan delinquencies are spiking. Wait -- those sound pretty concerning... So, what's the true health of the economy? Are we still on track for a soft/no landing scenario as we've been told for many quarters? Or might it be wise to start preparing for something harder? For answers, we're fortunately to speak today with someone who tracks the unfolding macro data on a daily basis, Mike "Mish" Shedlock, publisher of MishTalk.com WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #recession #marketcorrection #unemployment --- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support
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176 episoade

Artwork
iconDistribuie
 
Manage episode 435212590 series 3548516
Content provided by Adam Taggart | Thoughtful Money. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Adam Taggart | Thoughtful Money or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
We're currently receiving a lot of mixed signals about the direction of the economy? Inflation has dropped to 2.9%. And retail sales for July just beat expectations. That's good, right? But unemployment has rising to 4.3%, triggering the Sahm Rule recession indicator. And credit card and auto loan delinquencies are spiking. Wait -- those sound pretty concerning... So, what's the true health of the economy? Are we still on track for a soft/no landing scenario as we've been told for many quarters? Or might it be wise to start preparing for something harder? For answers, we're fortunately to speak today with someone who tracks the unfolding macro data on a daily basis, Mike "Mish" Shedlock, publisher of MishTalk.com WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #recession #marketcorrection #unemployment --- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support
  continue reading

176 episoade

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