Part 1 (part 2 below)Doubleline CEO Jeffrey Gundlach discusses inflation and whether he thinks it's transitory or will grow to be more insidious for the economy.Part 2Doubleline's Jeffrey Gundlach weighs in on stock valuations, which he believes are extremely high. He believes the Fed and stimulus are supporting stocks right now.Jeffrey Gundlach is the Chief Executive Officer and Chief Investment...Read More
International investor Jim Rogers joins Rick Sanchez to discuss the runaway inflation he expects to inevitably weaken US economic might and contribute to the decline of US power abroad. Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers ha...Read More
Many breadth and sentiment indicators argue for a sustained correction in the stock market. The last three declines in the stock market over the past 6 years coincided with the three most recent significant lows in Gold and gold stocks. Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a...Read More
1:28 Energy supplies7:29 Decline in energy supplies12:27 Energy & gold14:19 Reduction in oil production18:00 Stimulus22:42 Silver update26:25 Manipulation32:34 Technical analysis38:38 Coal & natural gas46:21 RelocatingThis decade will bring an energy cliff that will drive a crisis in all markets, says Steve St. Angelo. Because the Fed controls the bond market, he argues the Fed largely controls ot...Read More
*This interview was recorded on July 9thJim Grant, founder of editor of Grant's Interest Rate Observer, joined "Squawk Box" last Friday to discuss what could be next for the bond market.James "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journal of the financial markets. He is the author , most recently, of The Forgotten Depressi...Read More
The unthinkable just happened, junk bond yields fell below the rate of official inflation. This historic first and is letting you know that the system is almost dead. You might not know what this means so please allow me to explain. First, junk bonds are issued by vulnerable companies (junk). Typically, people buy them because they pay more, since you are taking more risk. Well now, even presuming...Read More
Harry Dent shows how economic momentum for the US peaked in late 2007 as he forecast way back in the late 1980s. Why? The massive Baby Boom passing their peak spending at age 46. Ever since we have been living off of never-ending monetary, and now since Covid, escalating fiscal stimulus. He shows why unprecedented home prices are the first to kill home sales and weigh on this "something for nothin...Read More
0:00 - The CPI is very 'inaccurate'3:18 - Technology vs inflation4:17 - Money supply6:15 - The best inflation hedges8:40 - "Gold is a good haven to save assets"9:55 - Prioritize buying a home first, then invest in stocks11:20 - Another "taper tantrum" will likely occur12:20 - Cryptocurrencies, tech stocks14:30 - Rising interest rates will "devastate" leveraged companies16:00 - Emerging markets deb...Read More
"We are in regular touch with the social media platforms and those engagements typically happen through members of our senior staff and also members of our COVID-19 team - given as Dr. Murthy conveyed, this is a big issue,Continue...Read More
There was little interest in imported scrap in the Vietnam market during the week to Friday July 16 due to the Covid-19 pandemic causing an almost complete shutdown of the local long steel and scrap markets, sources said.Offers for bulk Japanese H2 were mostly at $490-500 per tonne cfr Vietnam, with one offer at $505 per tonne cfr Vietnam, sources told Fastmarkets."There's not much interest in pur...Read More
"I'm sick and tired of this dictatorship."Read More
Biden is now paying farmers not to grow crops and was perhaps directed by Bill Gates, who has become the biggest farmland holder Continue...Read More
If we had a real government that was truly on the side of the people, they would be investigating what is going on, drag the people out, and put them on trial for crimes against humanity.Continue...Read More
This attack will be Xi Jinping's legacy and his attempt to rival the reputation of Mao Zedong. Will Team Biden be able to see it coming?Continue...Read More
"What the Fed is doing by purchasing mortgage-backed securities is eliminating the forces of the market in housing."Daniel Lacalle, PhD, economist and fund manager, is the author of the bestselling books Freedom or Equality (2020) and Escape from the Central Bank Trap (2017). He is a professor of global economy at IE Business School in Madrid and Chief Economist at Tressis SV. Ranked as one of t...Read More
Are you ready for this week's absurdity? Here's our Friday roll-up of the most ridiculous stories from around the world that are threats Continue...Read More
"I understand the desire to have a 'nice summer,' but we are shooting ourselves in the foot," said Ross. "We see the handwriting on the wall here."Continue...Read More
"This is an all hands on deck moment.""We're seeing the rates go up too high. We all need to do our part to try and prevent the need to do something else."Continue...Read More
State Senator calls for new election... Wants Biden electors recalled...Stunning details..."I have heard enough. With the tens of thousands of ballots mailed without being requested, the over ten thousand people who voted after registering after November 3rd, the failure of Maricopa to turn over the 40% machines, the passwords that Dominion still refuses (1/2)Continue...Read More
For our final episode of the trading week, we are joined on the Daily Dive by that of Tavi Costa, Partner & Portfolio Manager for Crescat Capital. Tavi joins us this afternoon to discuss the great rotation from tech firms to natural resource firms within the market, inflation expectations, the impact of inflation on stocks and real estate, and the risk of P/E deflation among equities.Tavi Costa is...Read More