Nicholas Glinsman, CEO & CIO at EvoCapital LLC and Harald Malmgren, owner of Malmgren Global LLC, join Jack Farley to discuss the slowing economy: the causes, factors and leaders behind the market.
Do leaders like Powell want a recession? Malmgren seems to believe so even though they wouldn't admit to it. Entering a deep recession before midterm elections can be critical in helping kill inflation.
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(00:00) Introduction
(01:01) A Slowing Economy
(06:13) Why Is The Economy Slowing So Rapidly?
(10:38) Powell, Yellen, and Biden
(15:20) How High Will The Fed Hike?
(19:39) Liquidity and Volatility
(28:37) Reasons for Deglobalization
(36:05) The Crypto World
(37:59) Harald's View on Long Term Commodities
(42:18) China
(48:36) Centralization in Economic Growth
(51:59) China Is Running Out of Dollars
(57:48) The Dollar Milkshake
(1:08:05) President Biden's Legacy
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Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
