"Way Too Much Is Priced Into This Market" | Mike Shedlock

Aug 20, 2024

Mike Shedlock, an expert commentator on economics, delves into the mixed signals emanating from the economy. He discusses inflation dropping to 2.9% while unemployment rises to 4.3%, raising concerns about recession. Shedlock highlights the disconnect in data that may overlook critical economic indicators, especially regarding small businesses. He warns about generational financial disparities and the potential impacts of global dynamics, especially from China, on the U.S. economy. His insights prompt a reevaluation of market expectations amidst rising consumer debt.

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Intro

00:00 • 2min

Economic Dynamics and Employment Trends

01:44 • 24min

Decoding Economic Indicators

26:01 • 12min

Navigating Economic Uncertainties

37:31 • 19min

Generational Financial Disparities in the Face of Economic Uncertainty

56:52 • 5min

Economic Implications of China’s Weakness and U.S. Policies

01:01:51 • 5min

Closing Insights and Professional Guidance

01:07:14 • 3min