Hartnett: The Return of Fiscal Sense [and Family Ties]

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Good Afternoon Hartnett’s Weekly report is presented 3 ways: 1) Video walk-through with analytical comments transcribed, 2) Hartnett’s main points broken out below, 3) and original format at bottom. Enjoy.TL; DR* More Gen Z/Millennial voters than Boomers now and their priorities are both different and a hybrid of issues* Biden’s Student Loan play * Fiscal sloppiness has peaked short term, and he also sees beginning of a fiscal conservatism pushback taking hold.* The recent Liz Truss Disaster is brought up by Hartnett (very important contextually) and discussed by GoldFix as a sign of things to come.* We wax nostalgic for the TV Series Family Ties as a fiscal signpost in the 1980s* The stock market continues to narrow in its rally, he sees more reasons to buy bonds.Hartnett’s Flow Show: The Kids Are Alright“My biggest worry is a sweep in the US election & a Liz Truss moment.”-Michael Hartnett quoting clientsScores on the Doors: crypto 36.4%, gold 13.6%, oil 13.4%, stocks 11.8%, commodities 10.0%, US$ 4.2%, HY bonds 2.7%, cash 2.5%, IG bonds -0.3%, govt bonds -4.3% YTD.Zeitgeist I: "With your FMS hard landing probability down to 5%, aren't you kinda meant to buy the long bond here."Zeitgeist II: “My biggest worry is a sweep in the US election & a Liz Truss moment.”