Liberty and Finance, Released on 7/19/24 (Recorded on 7/15/24)

Lyn Alden explores the diminishing impact of interest rate cuts on the U.S. economy. With interest rates now higher than in recent decades, Alden argues that the economy’s insensitivity to rate changes stems from the high level of fixed-rate debt held by both consumers and businesses. She explains that, unlike past cycles, current rate cuts may have limited effects on economic activity and housing market dynamics. She also touches on the broader implications for asset markets, including the potential impact on housing inventory and the comparative experience of Japan’s long-term economic challenges.

0:00 Intro
1:43 Interest rates cuts?
14:18 Private vs public debt
19:39 Markets & yield curve un-inversion
22:00 Gold standard & inflation
24:00 Inflation today
32:20 Real assets
34:90 Fossil fuels
39:19 Weekly specials

Lyn Alden is the founder of Lyn Alden Investment Strategy. Lyn has a bachelor’s degree in electrical engineering and a master’s degree in engineering management, with a focus on engineering economics and financial modeling. She worked as an electrical engineer at an aviation facility, and over the course of a decade worked her way up from being an intern to being the lead engineer and running the day-to-day operations and finances of the facility, before retiring early at age 33 with financial independence. Since then, Lyn has been a full-time investor and independent analyst.