The Julia La Roche Show, Released on 8/27/24

0:00 Welcome Dr. Lacy Hunt
1:16 Macro picture
3:37 Downward revision in non-farm payrolls is significant
5:45 The 818,000 error is actually 915,000, according to Dr. Hunt’s model
9:00 The economy is deteriorating
15:24 Net national saving shows we have a problem
21:40 The seriousness of negative net national savings
25:00 Decline in the standard of living
34:50 Possible solutions, shared sacrifice
40:00 Fiscal dominance is a very real possibility
45:40 Fed is behind the curve
47:37 Where are we in the economic lifecycle
49:44 The global economy

Lacy Harris Hunt is an economist and Executive Vice President of Hoisington Investment Management Company (HIMCO). He is Vice-Chairman of HIMCO’s strategic investment policy committee and also Chief Economist for the Wasatch Hoisington Treasury Bond Fund. He has authored two books, A Time to Be Rich and Dynamics of Forecasting: Financial Cycles, Theory and Techniques, and has had articles published in Barron’s, The Wall Street Journal, The New York Times, The Journal of Finance, the Financial Analysts Journal, the Journal of Portfolio Management and other locations. He received the Abramson Award from the National Association for Business Economics for “outstanding contributions in the field of business economics.”

  economy, jobs, Lacy Hunt