The Julia La Roche Show

#250 Danielle DiMartino Booth On Collapsing Confidence, Trump vs. Powell, Market Turmoil, and What's Next

24 snips
Apr 22, 2025
Danielle DiMartino Booth, CEO and Chief Strategist for QI Research, is a prominent voice in monetary policy and economics. She discusses the U.S. potentially being in recession, alongside a collapse in market confidence. DiMartino Booth highlights critical trends in consumer credit and employment data, emphasizing the political tensions between Trump and Powell. She sheds light on rising bankruptcies and the dire state of the housing market, warning about the implications for first-time homebuyers and economic stability.
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INSIGHT

Rapid Collapse in US Confidence

  • The US is experiencing a rapid and tentative collapse in confidence that is unprecedented in recent years.
  • The dollar's reserve status is questioned, and a global recession's epicenter seems to be the US.
INSIGHT

Market Momentum Is Hard To Reverse

  • Market momentum is hard to reverse once it turns negative after years of artificial stimulus.
  • Upward market momentum has shifted, and valuations now matter more, risking prolonged downturns.
INSIGHT

Confidence Crisis Hits US Institutions

  • The most existential risk from confidence collapse lies within US political institutions, not just global markets.
  • Trump's conflict with the Fed Chair undermines confidence and threatens US institutional stability.
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