Bloor Street Capital, Released on 4/27/24

Ed Dowd of Phinance Technologies and former BlackRock Portfolio Manager, provides his views on the U.S. economy, the Regional Banking Crisis, Central Bank Digital Currencies, and why the Trump-Biden Rematch is the worse possible scenario.

00:00 Intro
00:12 Hawaii
01:09 Favorite Island
02:17 US Economy
04:12 Money Supply Goes Negative
05:45 Bank Failures
07:25 Government Spending
08:40 The Fed
09:05 Let’s Summarize
09:50 Small Businesses Collapsing
10:18 Stock Market Risk
11:30 Impact of Money Supply
13:06 What Am I Missing?
15:20 Debt Levels
18:01 Regional Banks Collapsing
22:10 Catalyst Coming
23:55 S&P Target
25:10 CBDC Coming
26:15 Controlling Bank Accounts
26:58 Canada Freezes Bank Accounts
28:33 Motive of CBDC
29:20 Crypto Currencies
30:18 Trump Biden Rematch Bad
31:55 Trouble Coming 2025
34:20 Japan Carry Trade
35:50 Wrap Up
37:59 Conclusion

Edward Dowd is currently a Founding Partner of Phinance Technologies, a global macro alternative investment firm. He is also author of the new book, “Cause Unknown: The Epidemic of Sudden Deaths in 2021 & 2022.” Edward has worked on Wall Street most of his career, spanning both credit markets and equity markets. Some of the firms he worked for include HSBC, Donaldson Lufkin & Jenrette and Independence Investments. Most notably, he worked at Blackrock as a portfolio manager where he managed a $14 billion Growth equity portfolio for ten years. After BlackRock, he founded OceanSquare Asset Management with two former BlackRock colleagues.

  banking crisis, CBDC, us economy