The David Lin Report, Released on 8/17/23 (Recorded on 8/16/23)

Dr. Nomi Prins, best-selling author and geo-economist, discusses the Fed’s next moves, the risks facing the banking sector today, which areas of the economy are likely to grow or lag, and expectations for the BRICS summit next week.

0:00 – Intro
1:30 – Another rate hike
4:00 – Inflation
6:25 – Economic growth
8:50 – Housing starts
11:35 – Banking failures
14:47 – Commercial real estate
17:30 – Cheap money
24:10 – BRICS
30:00 – Energy transition
33:30 – Nuclear
36:30 – Critical metals
39:07 – Nomi Prins

Nomi Prins is an American author, journalist, and Senior Fellow at Demos. She has worked as a managing director at Goldman-Sachs and as a Senior Managing Director at Bear Stearns, as well as having worked as a senior strategist at Lehman Brothers and analyst at the Chase Manhattan Bank. Prins is known for her books All the Presidents’ Bankers: The Hidden Alliances that Drive American Power, Collusion: How Central Bankers Rigged the World and Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever.

  banking, economy, investing, markets