Liberty and Finance, Released on 12/2/24
Gregory Mannarino criticizes Trump’s stance on the U.S. dollar, central banking, and the Federal Reserve, arguing that threats to the BRICS nations reveal America’s weakness rather than strength. He also explains the disconnect between the real economy and inflated financial markets, attributing it to artificially suppressed interest rates and currency devaluation, which he believes are pushing more capital into risk assets like stocks and cryptocurrencies. Despite his concerns about economic mismanagement, he sees opportunities in commodities as a hedge against the distorted system, emphasizing the importance of owning tangible assets. Mannarino concludes by stressing the importance of monitoring the debt market for signs of an impending crisis and remaining patient in positioning for long-term opportunities.
0:00 Intro
1:30 Trump & BRICS
10:35 Real economy vs markets
14:24 Commodities
21:36 Debt market
26:04 BRICS to dump the Dollar
31:00 Weekly specials
Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieutenant. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading. Gregory currently hosts a business day “MarketReport” on YouTube. You can find out more about what he offers at his website Traderschoice.net.