Prepare For A Correction | Ed Dowd June 27, 2024 Unipro2013main Money and Markets, US Economy </p> <h2>Prepare For A Correction | Ed Dowd</h2> <p> Edward Dowd, Founding Partner of Phinance Technologies, a global macro alternative investment firm, and author of “Cause Unknown: The Epidemic of Sudden Deaths in 2021 & 2022,” joins Julia La Roche on episode 179 to discuss the macro picture and the markets. In this episode, he points out that the Federal Reserve made a huge policy error by keeping rates too high for too long and we’re likely to see a correction that will hit fast in the financial markets.</p> <p>00:00 Intro and welcome Ed Dowd<br /> 00:46 Macro picture<br /> 02:14 On the precipice of a slowdown in the economy<br /> 03:15 State of the real economy<br /> 04:30 Disconnect in the U.S. stock market, a fast and furious correction<br /> 10:17 Preparing for the correction: allocating portion to T-Bills<br /> 11:38 Generational opportunity<br /> 13:30 Growing debt and deficits<br /> 15:45 Need the austerity candidate<br /> 16:58 A looming crisis<br /> 18:48 UBI and a CBDC<br /> 22:25 Gold<br /> 24:30 Toxic brew<br /> 27:29 Erosion of the middle class<br /> 29:00 Inflation<br /> 30:40 Rate cut<br /> 33:00 Policy error of the Fed<br /> 36:20 Real estate<br /> 38:00 Immigration<br /> 40:13 GDI for average middle class went up under Trump<br /> 42:12 Chaos creates opportunity<br /> 44:37 Parting thoughts, Phinance Technologies</p> <p>#stockmarket #investing #economy<br /> Credit to : The Julia La Roche Show</p> <p> Please support our Sponsors here :
