Investment banker and author Chris Whalen, chairman of Whalen Global Advisors, who is also the author of The Institutional Risk Analyst, returns to the show for episode 195 to discuss the current state of the economy.
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Links:
Twitter/X: https://twitter.com/rcwhalen
Website: https://www.rcwhalen.com/
The Institutional Risk Analyst: https://www.theinstitutionalriskanalyst.com/
Stanley Middleman book: https://www.amazon.com/Seeing-Around-Corners-Achieving-Business/dp/B0D5PTSJVC/
Chapters
00:00 Intro and welcome back Chris Whalen
01:04 Big picture view — is there a recession or not?
02:24 Labor market
03:44 Home prices
07:53 Recession
10:40 Rate policy
12:54 Fed is afraid to really fight inflation
14:00 Liquidity explained
17:00 Americans are looking to be bailed out
21:30 Intervention
23:05 Fed
24:50 Deficit
28:40 Election
32:36 Parting thoughts
