More Challenges for the Economy Ahead – MishTalk Video With Adam Taggart

I had the pleasure of discussing the global economy with Adam Taggart at Wealthion earlier this week.

Signs of Trouble Everywhere

Early in the interview I briefly mentioned my migration off the Maven back to WordPress. That was supposed to happen Wednesday.

We had trouble migrating comments but posts and images look good. Instead of doing things in pieces, we will try again with the comments on Monday.

Also, Gary Brode at Deep Knowledge Investing has invited me to be on his board of advisors. 

We will do some cross posting of articles including actionable investment ideas from him in addition to my normal macroeconomic perspective.

For more details please see Big Changes and Improvements Coming Up at MishTalk Next Week

Video Discussion Topics

• We discuss the divergence between GDP and GDI. Adam commented “as a compliment to you David Rosenberg feels the same way about GDI. 
• Expect the opposite of what happened in 2008 and the 2020 recessions.
• The US will not decouple from the global economy. 
• Biden’s energy policy.
• Stagflation. 
• Housing and walking away from commercial real estate
• Regional banks
• My bet with Adam on the unemployment rate.
• Germany and the EU
• Consumer spending 
• Rent, shelter, CPI
• Consumer Zombies
• Stabilization at a point of unaffordability
• Bull markets end on good news
• The Bull case for the US

Eight Related Articles

1. Tame CPI Inflation? Not With Shelter Up Another 0.6 Percent
2. The Deindustrialization of Germany Will Cripple the EU for a Long Time
3. Critical Materials Risk Assessment by the US Department of Energy
4. The S&P 500 Gap at 4200 Closed, Now What For the Stock Market?
5. Consumer Credit Surges to a New Record High Led by Credit Card Debt
6. The Starter Home Is No More, Even in Second Tier Markets
7. Not in Recession? Don’t Count On It. Two Key Divergences Explain.
8. Job Quits, a Key Indicator of Labor Market Health, Reveal Signs of Weakness

Adam is one of the best interviewers around. It was a pleasure to be on the show.