Peak Prosperity, Released on 9/10/23
Ever wondered about the pulse of the bond market? Or pondered which countries are in the lead when it comes to buying oil in these tumultuous times? Jim posits, and I think you’ll find this fascinating, that we’re operating in more of a unified world market than most of us are inclined to believe. Now, let’s talk about the enigma that is the Federal Reserve. What are they really up to behind those monumental columns? And in a world that’s rapidly transforming, the ‘work from home’ culture is ushering in its own set of challenges, but it’s not the grim picture some are painting. In fact, there might be a silver lining we’re all overlooking. On the grimmer side, a distressing social trend has emerged: videos of people breaking down, unable to meet the basic costs of living. It’s a sign of the times, but how did we get here? From the era of the ‘nifty fifty’ to today’s ‘magnificent seven,’ market powerhouses have shifted, and the influence of these giants is palpable. And before we wrap up today, we’ll touch upon the elephant in the room – the still untapped and unpredictable potential of AI on our global economy. Buckle up, folks; this is one episode you won’t want to miss.
Jim Bianco is President and Macro Strategist at Bianco Research, L.L.C. Since 1990 Jim’s commentaries have offered a unique perspective on the global economy and financial markets. Unencumbered by the biases of traditional Wall Street research, Jim has built a decades long reputation for objective, incisive commentary that challenges consensus thinking. In nearly 20 years at Bianco Research, Jim’s wide ranging commentaries have addressed monetary policy, the intersection of markets and politics, the role of government in the economy, fund flows and positioning in financial markets. Prior to joining Arbor and Bianco Research, Jim was a Market Strategist in equity and fixed income research at UBS Securities and Equity Technical Analyst at First Boston and Shearson Lehman Brothers. He is a Chartered Market Technician (CMT) and a member of the Market Technicians Association (MTA). Jim has a Bachelor of Science degree in Finance from Marquette University (1984) and an MBA from Fordham University (1989).
Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence with the launch of his seminal video seminar which later became a book called The Crash Course. Chris’ latest book (co-authored with Adam Taggart) is called Prosper!: How to Prepare for the Future and Create a World Worth Inheriting.