I was recently interviewed by Hunter Thompson for the Cash Flow Connections podcast.
This was a particularly good interview. I hope you will listen to it now.
Topics covered include:
The U.S. Sovereign Wealth Fund. Why both former President Trump and the Biden Administration now support its establishment. Why it is urgently necessary. The extraordinary benefits it will deliver to Americans.
National Security Threats to the United States. Why China is overtaking the United States technologically in areas such as electric vehicles and batteries, 5G, and hypersonic missiles. Why the failure of the US and NATO to defend Ukraine from Russian annexation could embolden China to attack Taiwan and lead to World War III.
The chances of a Recession in 2025.
The outlook for the stock market, with a discussion of both the positive and the negative factors.
Why Inflation fell so sharply over the past 12 months and why the imposition of high trade tariffs could drive Inflation (and Interest Rates) sharply higher again over the next two years.
Why massive excess Liquidity persists in the US financial markets and why that forces to Fed to pay interest to banks on Bank Reserves to prevent interest rates from plunging.
After watching this interview, let me know what you think in a comment.
And subscribe to Macro Watch On Substack to have full access to all my analysis on the forces driving the economy and the financial markets in this post-Capitalist era.
Share this post