The housing market is locked up. People who have 3% mortgages cannot move except under extreme duress because a new mortgage is 7%. And the price of the average house has doubled. As a result, the payment’s gone up by 40%. People don’t have that. They just don’t have the money. Returning to the Retirement Lifestyle Advocates show this week is Karl Denninger. He and your host, Dennis Tubbergen, discuss the housing market, and Karl offers his forecast for the housing and equities markets in the months to come.
Mr. Karl Denninger is an American technology businessman, finance blogger, author, and political activist, sometimes referred to as a founding member of the Tea Party movement. Mr. Denninger is the author of the book Leverage: How Cheap Money Will Destroy the World. In the book, Denninger presents an inside look at how moneyed and powerful interests debase the dollar through the willful and intentional failure to honestly represent short and long-term mathematical truths that underlie all economic systems.
The US economy appears to be driven by two forces: the Federal Reserve, which is raising interest rates in an attempt to get inflation back to its 2 percent target, and the investors who have thus far been able to maintain the status quo on employment and the stock market. On this week’s Retirement Lifestyle Advocates radio show, guest Dr. A. Gary Shilling talks with your host, Dennis Tubbergen, about how the traditional leading indicators, like an inverted yield curve, are favoring the Fed and, ultimately, a recession ahead.
Dr. A. Gary Shilling is an American financial analyst and commentator who appears on a regular basis in publications such as Forbes magazine, The New York Times, and The Wall Street Journal. He is also the author of the monthly newsletter INSIGHT and the book “The Age of Deleveraging.” You can get a free copy of the INSIGHT newsletter by calling 888-346-7444.
The Central Bank has allowed you to hallucinate and make investment-grade decisions on a micro and a macro level based on a false assumption. And when they decided to unwind that process in March of last year and start raising rates from next to zero up to over five percent now, suddenly, people are facing a reality that they didn’t expect to face. Our guest this week, Mr. Michael Oliver, discusses what his technical analysis is forecasting for the stock markets, bonds, and commodities with your host, Dennis Tubbergen, on Retirement Lifestyle Advocates radio. Could gold reach $8000 and Silver $200?
Michael Oliver has been studying markets for over four decades, but it was the 1987 stock market crash that became his “aha!” moment and converted him to what he calls “momentum structural analysis.” Mr. Oliver is the CEO of Momentum Structural Analysis LLC based in Greensboro, North Carolina. He is also the author of The New Libertarianism: Anarcho-Capitalism. Since 1992 Momentum Structural Analysis has provided unique technical research to the financial industry – banks, RIAs, hedge funds, and mutual funds – as well as to individual investors.