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Ep. 30 - Why 2021 Will Stay The Course with More Money Creation and Debt on the Way!
The inflation of real estate, stocks, and bonds is a “win-win” for city and state governments and a “must-have” for the federal government. Expectations are for a continued inflation of real estate and stocks given that the largest global asset group (U.S. bonds) will be hard-pressed to keep investor interest with the Fed’s low interest rate policy which it plans to maintain. Significant asset sell-offs occur along any long term uptrend but global central banks will continue to flood the world with liquidity (good for real estate and stocks and not so good for bonds).
Ep. 29 - Post-Election Economic and Jobs Market Assessment for 2021
Regardless of which party is in control politically the economic and jobs issues are compounding. We are now risking a double dip in our severe recession/depression based on lasting damage from high debt levels, continuing shut-downs/closures, and low/no job creation.
Ep. 28 - Expectations for the Post-Election Stock Market and 2021 Jobs
The economic recovery has revealed itself more by the late October data releases. The jobs market has become a bit more transparent and key new trends are discussed in some detail along with today’s severe family financial stresses. Our next Podcast adds to what we discuss today and will explore the election consequences on both families and businesses.
Ep. 27 - Inflation and Hyperinflation: What You Should Consider Now!
Hyperinflation occurs when the entity controlling money supply (interest rates, liquidity, asset price bubbles) can no longer implement policy direction changes. In Europe, the record level $17 Billion of negative interest rate bonds illustrates that the ECB is out of policy alternatives attempting to generate new investments and employment growth. In the U.S., the Federal Reserve is stuck trying to keep the financial system liquid and functional while buying the lion’s share of new government debt issued as well as existing tranches of municipal and corporate bonds. There appears no way to reverse a continuation of new money printing and up-trending new debt issuance. So why should I care? Find out more in today’s podcast.
Ep. 26 - Highlights of the UCLA Anderson Forecast for the Remainder of 2020 and Into 2021-2022
The globally recognized UCLA Anderson Forecasts just completed their analysis of the U.S., California, and Los Angeles economies/jobs. In this episode, we’ll share some of their key expectations for the recovery as well as long-term job issues for key industries.
Ep. 25 - Clear and Present Risks in Bonds, Stocks, and Real Estate in the Short-term
As surfers and mariners know waves come in sets or patterns. Some sets have as few as 3 and some have as many as 10. Economic downturns and recoveries seem similar. We may experience the second wave and maybe a third before the election and a few more could follow by year-end. Today’s discussion tries to set expectations for a treacherous several months and, for some, might suggest getting out of the water for awhile to let the waves pass.