Macro analyst Stephanie Pomboy returns in this Part 2 of our interview with her, where she explains why she predicts a painful recession ahead as well as a substantial haircut — possibly as much as 50% or more — for financial assets in the coming year or so.
Follow Stephanie at https://macromavens.com/ Or on Twitter at @spomboy
For more free interviews like these with top Money & Markets experts, visit Wealthion’s YouTube channel at https://www.youtube.com/wealthion
As an Amazon Associate I Earn from Qualifying Purchases
-----------------------------------------------------
It is my sincere desire to provide readers of this site with the best unbiased information available, and a forum where it can be discussed openly, as our Founders intended. But it is not easy nor inexpensive to do so, especially when those who wish to prevent us from making the truth known, attack us without mercy on all fronts on a daily basis. So each time you visit the site, I would ask that you consider the value that you receive and have received from The Burning Platform and the community of which you are a vital part. I can't do it all alone, and I need your help and support to keep it alive. Please consider contributing an amount commensurate to the value that you receive from this site and community, or even by becoming a sustaining supporter through periodic contributions. [Burning Platform LLC - PO Box 1520 Kulpsville, PA 19443] or Paypal
-----------------------------------------------------
To donate via Stripe, click here.
-----------------------------------------------------
Use promo code ILMF2, and save up to 66% on all MyPillow purchases. (The Burning Platform benefits when you use this promo code.)
It is my sincere desire to provide readers of this site with the best unbiased information available, and a forum where it can be discussed openly, as our Founders intended. But it is not easy nor inexpensive to do so, especially when those who wish to prevent us from making the truth known, attack us without mercy on all fronts on a daily basis. So each time you visit the site, I would ask that you consider the value that you receive and have received from The Burning Platform and the community of which you are a vital part. I can't do it all alone, and I need your help and support to keep it alive. Please consider contributing an amount commensurate to the value that you receive from this site and community, or even by becoming a sustaining supporter through periodic contributions. [Burning Platform LLC - PO Box 1520 Kulpsville, PA 19443] or Paypal
-----------------------------------------------------
To donate via Stripe, click here.
-----------------------------------------------------
Use promo code ILMF2, and save up to 66% on all MyPillow purchases. (The Burning Platform benefits when you use this promo code.)
Click to visit the TBP Store for Great TBP Merchandise
It is not just the stock market that is stupidly overvalued, it is all assets. The bottom line is that things are only worth what people can afford to pay for them. That fact runs head on with the fact that most Americans are broke and cannot afford to pay for anything. Our entire economy is based on credit, and the perception of wealth on paper, but in fact, very few people really have any money in liquid form.
In a market crash where both housing and stocks loose most of their value, and layoffs and unemployment become rampant, most of the perceived wealth in the US will evaporate in a very short period.
Digital, fiat wealth is about to be DEFAULT RISK ‘DUSTIFIED’!
It will be no accident – but I believe it will not go the way the invisable claw thinks.
Those with COMMON SENSE PREPS and No Counter Party Risk Hard Assets, will be the last people …who own the last pyramids standing…economically.
However the spiritual foutainhead flows downstream into the Culture, then into the Politics, and lastly into the economics…so there is that.
Get right…riches won’t help you without that.
Jesus will fuck you up if you cant eat a camel and pass thru the eye of a needle.
Jesus will fuck all of you up !
Well Zap…I don’t think Jesus fucks anyone up…He created them and loves them…but they will fuck themselves up with the Father over Jesus sacrifice for them…by rejecting Him (Jesus) and what he went through taking their place…no doubt.
An unusual wording of the gospel…but what the fuck ya gonna do?
Thats pretty heavy duty shit…………….let me ponder that ……………
You saying JESUS LOVES bill clinton ?
no, no no, mark. IUD knows better. /s
Pomboy is democrat codeword for poop particles coating niggercock.
You guys need to be careful what you read here.
All white democrat cucks love licking Pomboy !
She was on Warroom with Bannon this week. A regular with Maria Bartiromo. Definitely be careful what you read HERE^^^^^^^^^^^^^^^^.
maria is a WEF stooge, not sure about bannon
40-50%
at least 50% over valued. Potentially losses could go to over 80%. There is a lot of debt hanging over the USA.
I agree. Right now people are thinking about the current money printing and deficit spending, but remember at least a decade of ‘quantitative easing?
Is quantitative easing (QE) money printing?
The simple answer to whether quantitative easing is printing money is clearly yes, since the Fed creates new money in order to purchase bonds. – economicsfaq
50 % correction would be fantasyland.
Best to look for an 8K DOW