Each week Doug Hoyes talks to industry experts about debt, money, and personal finance. Don't be confused; listen as the guest experts cut through the jargon and share practical advice.
…
continue reading
Content provided by Adam Taggart | Thoughtful Money. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Adam Taggart | Thoughtful Money or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Player FM - Podcast App
Go offline with the Player FM app!
Go offline with the Player FM app!
Stephanie Pomboy: It's Just Dumb To Dismiss Recession Risks At This Point
MP3•Episode home
Manage episode 472008367 series 3548516
Content provided by Adam Taggart | Thoughtful Money. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Adam Taggart | Thoughtful Money or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Macro analyst Stephanie Pomboy and I just concluded our bi-weekly live show.This week, Stephanie focused on recession risk and the mental gymnastics many go through to avoid addressing it.Not only are the economic data continuing to weaken, but even the new Administration is telling investors to prepare for a slowdown.Here’s US Treasury Secretary Scott Bessent yesterday:“The market and the economy have become hooked, become addicted, to excessive government spending and there’s going to be a detox period.”At this point, to refuse to plan for even at least the possibility of a recession and/or a further market decline later this year is foolish.Steph and I also discussed her outlook on gold, the employment market, corporate profit margins, the latest retail sales data and several other audience questions.NOTE: these bi-weekly Monday morning live shows with Stephanie are moving to Wednesdays going forward. The next one will take place on Wed March 26th (same 11amET time).
…
continue reading
326 episodes
MP3•Episode home
Manage episode 472008367 series 3548516
Content provided by Adam Taggart | Thoughtful Money. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Adam Taggart | Thoughtful Money or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Macro analyst Stephanie Pomboy and I just concluded our bi-weekly live show.This week, Stephanie focused on recession risk and the mental gymnastics many go through to avoid addressing it.Not only are the economic data continuing to weaken, but even the new Administration is telling investors to prepare for a slowdown.Here’s US Treasury Secretary Scott Bessent yesterday:“The market and the economy have become hooked, become addicted, to excessive government spending and there’s going to be a detox period.”At this point, to refuse to plan for even at least the possibility of a recession and/or a further market decline later this year is foolish.Steph and I also discussed her outlook on gold, the employment market, corporate profit margins, the latest retail sales data and several other audience questions.NOTE: these bi-weekly Monday morning live shows with Stephanie are moving to Wednesdays going forward. The next one will take place on Wed March 26th (same 11amET time).
…
continue reading
326 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.