Futures Edge Show: Finance Unfiltered with Jim Iuorio and Bob Iaccino

Michael Arnold of Path Trading Partners dissects the recent frenzy in the gold market and the unexpected rally in the US dollar. The conversation provides insights into the dynamics of gold's breakout and subsequent pullback, offering a strategic perspective on whether it's time to add to long-term gold holdings. They explore the dollar's resilience in the face of yield differentials and global economic weaknesses. Jim and Bob weigh in on the Russell, examining its performance in comparison to large caps. They dissect the charts, discussing key resistance levels, and share their perspectives on the potential for small caps to catch up with larger counterparts in the wake of possible Federal Reserve actions. The episode reaches a crescendo with a deep dive into Bitcoin, pointing out potential reversal zones and touching on the role of stablecoins like Tether and the potential implications of their legality. This episode is in partnership with Mint Mobile.  URL: trymintmobile.com/futuresedge Promo Code: futuresedge

Financial writer Dennis Kneale, host of “What’s Bugging Me” podcast, shares his professional experiences in the financial media industry, touching on the challenges of providing alternative viewpoints and the pitfalls of sensationalized reporting. He dissects recent market developments, from the surprising surge in NASDAQ to concerns about the economy and potential recessions. They debate the role of positivity in financial forecasting and explore the Keynesian economics experiment post-COVID, questioning its sustainability and potential repercussions. They touch on the injection of trillions into the economy, rising consumer savings, and the delicate balance between supply and demand in the face of inflation. They share their opinions on price increases, supply chain issues, and the impact of inflation on businesses, especially in the restaurant industry. The conversation shifts towards Elon Musk's involvement in Twitter as Dennis reveals he is writing a book about the various government investigations Musk faces. They express concern about potential censorship and deep-state influence on individuals like Musk. The conversation also touches on broader issues related to freedom of speech, censorship on social media platforms, and the role of the government in shaping public discourse. Follow ⁠⁠⁠⁠@jimiuorio⁠⁠⁠⁠ ⁠⁠⁠⁠@Bob_Iaccino⁠⁠⁠⁠ Produced by ⁠⁠⁠⁠Haynow Media

Briana Whatley, a south Florida high school student and national debate champion, discusses her experiences in the debate space since she started in the fourth grade, shedding light on the challenges she faced for expressing certain viewpoints. Briana shares instances where she faced censorship in debates, especially when addressing topics related to former President Donald Trump and challenging prevailing narratives. Briana reveals her thoughts on censorship, the biases within the debate space, and the complexities she faced for expressing more conservative views in educational settings. The conversation unfolds to cover topics such as affirmative action, cancel culture, and the evolving landscape of debates in the modern era. The episode also touches on Briana's involvement with Incubate Debate, an organization that fosters a more open and respectful debate environment. Follow ⁠⁠⁠⁠@jimiuorio⁠⁠⁠⁠ ⁠⁠⁠⁠@Bob_Iaccino⁠⁠⁠⁠ Produced by ⁠⁠⁠⁠Haynow Media

There’s an intricate dance between technical analysis and market fundamentals. Starting with the recent performance of the NASDAQ, Michael Arnold of Path Trading Partners examines the significance of its close a couple of weeks ago and the subsequent snapback. He walks through his interpretation of weekly charts and the potential implications for the market. As the focus shifts to the S&P 500, Mike breaks down the recent signals and patterns, shedding light on key levels and potential scenarios. A scale for market sentiment is introduced, exposing insights on the current state of the market, seasonality, and the potential for a year-end rally. The discussion unfolds to cover technical indicators such as Percent B buy signals and Elliott Wave patterns, providing listeners with valuable insights into short-term and intermediate-term trading strategies. The podcast takes a fascinating turn exploring the world of yield curves, focusing on the 2-year and 10-year Treasury yield contracts. Practical advice on trading these micro contracts is shared, making the complex world of yield curve trading accessible to retail traders. Follow ⁠⁠⁠@jimiuorio⁠⁠⁠ ⁠⁠⁠@Bob_Iaccino⁠⁠⁠ Produced by ⁠⁠⁠Haynow Media

Brian Wesbury (@wesbury), Chief Economist at First Trust, covers a range of topics from the state of the stock market to central bank meetings, inflation, Bitcoin and government policies. As the economic toll of the response to the COVID-19 pandemic lingers, he explores the long-term consequences of massive monetary and fiscal stimulus. He weighs in on the issue of interest rates and their manipulation by central banks, raising questions about the sustainability of low rates and points out the potential risks associated with such policies. The discussion touches upon the concept of a national bank and digital currency. He explores the political landscape and the challenges facing fiscal conservatism in today's society, highlighting the importance of free speech, free markets, and personal responsibility, including recent labor strikes, their impact on economic data, and their potential to disrupt various industries, including the automotive sector. He provides a nuanced perspective on economic growth, inflation, and the uncertain role of Federal Reserve Chairman Jerome Powell. The conversation also delves into Bitcoin and the possibility of government regulation, noting the government's willingness to let cryptocurrencies flourish, as long as they can collect tax revenue. The discussion takes an interesting turn as the hosts explore the potential resurgence of barter systems in the economy, reflecting the public's growing distrust of government and taxation. Follow ⁠⁠@jimiuorio⁠⁠ ⁠⁠@Bob_Iaccino⁠⁠ Produced by ⁠⁠Haynow Media

The bond market is a complex and significant component of the financial world that plays a crucial role in global finance and investing. Nancy Davis (@nancy_davis), founder of Quadratic Capital Management and portfolio manager for the IVOL ETF and BNDD ETF, explains her unique investment thesis, shedding light on how they approach the rates market and the necessity of going beyond short volatility in fixed income portfolios. With a third of the Ag index invested in US mortgages, Nancy highlights the importance of recognizing the options inherent in homeownership and the resulting implications for fixed income. The discussion turns to the recent 30-year auction and the implications of an inverted yield curve. Nancy provides insights into the atypical environment where you can earn more by parking your money overnight at the Fed than by investing in long-term bonds. The conversation ponders whether this inverted curve is a reflection of policy rates, international dynamics, or more complex factors. Nancy doesn't shy away from examining the consequences of an overextended balance sheet, and the potential impact of rising interest rates on the US economy. The episode explores the intertwined nature of credit and rate spreads, as well as the strange attraction of short-duration credit investments despite minimal spreads.  Follow ⁠⁠@jimiuorio⁠⁠ ⁠⁠@Bob_Iaccino⁠⁠ Produced by ⁠⁠Haynow Media

Current events in the Middle East are shifting the complexities of the financial landscape, interest rates and fiscal decisions. These decisions can affect the average person, investors, and the broader economy. Luke Gromen (@LukeGromen), founder and President of Forest for the Trees (FFFT) details the increasing concerns about the national debt. He passionately argues that the current situation is more than just a passing issue, asserting that it deserves more attention and understanding than it's currently receiving. He explores the link between interest rates, fiscal decisions, and the war dynamics on the global stage. The conversation takes a closer look at the economic paradox unfolding before our eyes. It's not just about inflation, but the fundamental reluctance to hold onto government debt. The potential ramifications of this shift are dissected, and the conversation delves into how it might impact the United States' position as a dominant economy. They discuss the significance of gold, the risks associated with rising US debt, and the impact of geopolitical conflicts on oil prices. Follow ⁠@jimiuorio⁠ ⁠@Bob_Iaccino⁠ Produced by ⁠Haynow Media

Brent Johnson brings over twenty years of experience in the financial markets to his position as CEO of Santiago Capital. He covers everything from the quirks of the dollar to the unpredictable price moves of gold. He decodes the enigma of interest rates, yield curves, and the intricate dance of global currencies and exposes the deliberate dance orchestrated by the U.S. Federal Reserve. The revelation that the U.S. might wield its interest rates as a strategic economic tool sends shockwaves through the conversation. Could the last hundred basis points of rate hikes be more than just monetary policy for the U.S.? He speculates on the geopolitical chess match, suggesting that the U.S. may be flexing its economic muscles on the world stage. Johnson also shares his bullish outlook on gold, emphasizing its role as a long-term portfolio cornerstone. Follow ⁠@jimiuorio⁠ ⁠@Bob_Iaccino⁠ Produced by ⁠Haynow Media

There is historical significance of rate movements and they pose potential challenges for the stock market. Path Trading Partner’s Co-founder & Chief Technical Officer Mike Arnold shares insights into the sensitivity of various sectors to rising rates such as retail and semiconductors. . He dissects the nuances of the 2s, 10s inversion and its implications for investors. The importance of understanding past market behavior while navigating the present is emphasized and the potential outcomes of a steepening curve, the implications for inflation, rate cuts, and economic growth are discussed in detail. The episode concludes with a holistic view of the market, with the hosts sharing their perspectives on potential short and medium-term opportunities. Listeners are encouraged to stay vigilant in identifying market patterns, considering both technical indicators and fundamental shifts.  Follow ⁠@jimiuorio⁠ ⁠@Bob_Iaccino⁠ Produced by ⁠Haynow Media

From the electrification of transportation driving copper demand to the monetary considerations influencing gold and silver, there are generational opportunities in these metals. Brien Lundin (@Brien_Lundin), editor of the Gold Newsletter and CEO of the New Orleans Investment Conference, discusses the intricate interplay between metals, particularly gold and copper, and the ever-evolving landscape shaped by the Federal Reserve's policies. The discussion revolves around gold as an investment, its relationship with inflation, and the potential future of fiat currencies. He also touches upon the challenges posed by the federal debt, inflation, the Fed's role, and the potential impact on the broader economy. Follow @jimiuorio @Bob_Iaccino Produced by Haynow Media