ITM Trading, Released on 1/26/24

Today’s economy is ‘actually like a sort of veil of health covering this potential rock,’ warns Nomi Prins, geopolitical finance expert, and bestselling author. In a recent interview with Daniela Cambone, she highlights that as layoffs continue to spike across many sectors, it’s becoming increasingly challenging for people to make ends meet, resulting in mounting credit card debt. Additionally, she elaborates on the five flashpoints to watch in 2024, encompassing the troubled banking sector, escalating geopolitical conflicts, supply chain disruptions in energy and food products, the AI industry, and the role of the Federal Reserve in the election year. Watch the video to get a deep dive into the five areas and learn how you can prepare.

00:00 Jerome Powell QT
3:56 QE
5:06 U.S. economy
6:38 US. Debt
8:21 Job prospects
9:15 5 flash points
13:44 U.S. election and the Fed

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.

  economy