The Julia La Roche Show #190 Brian Wesbury: 'The Morphine Is Wearing Off' And We're Headed For Recession And A Market Correction
5 snips
Aug 13, 2024 
Brian Wesbury, Chief Economist at First Trust Advisors LP, shares insightful perspectives on the economy. He predicts a looming recession and a potential 15-20% correction in the overvalued stock market. Wesbury highlights the fragility of recovery post-lockdown and warns of the impacts of rising unemployment. He critiques the Federal Reserve's separation of money supply and interest rates, and discusses the growing wealth disparity. The conversation also touches on ideological battles between capitalism and state-run economies as the U.S. election approaches.
Chapters
Transcript
Episode notes
1 2 3 4 5 6
Intro
00:00 • 4min
The Illusion of Economic Health Post-Lockdown
04:11 • 2min
Navigating Economic Uncertainty
06:12 • 28min
Navigating the Ideological Divide: Free Markets vs. State Control
33:46 • 4min
Market Analysis and Investment Strategies Amidst Overvaluation
37:16 • 5min
Capitalism vs. Socialism: The U.S. Election Debate
42:28 • 8min