EPISODE · Jan 19, 2023 · 31 MIN
What is Really Going on Here?
from The Causey Consulting Podcast
No, I mean, seriously: WHAT IS HAPPENING?Key topics:✔️ Jamie Dimon walking back his prediction of an economic hurricane... Why? What has actually changed to create a sense of optimism? ✔️ The Wall Street bankers like to show up hat in hand and ask for a bailout. But what about that time when the government showed up to the bankers and asked for a bailout? ✔️ A lot of cash can fly out the door quickly. Is it all taxpayer money? How is all this currency even in existence?✔️ The CEOs at Davos aren't feeling excited but apparently, somehow, you should be. Also you should still think that The Great Resignation is going strong and people can job hop across the market for pay raises forever. 😣✔️ These boom/bust and inflation/recession cycles happen and happen. So have bank failures and bank runs. Yet each time we have a downturn, people act like they simply can't believe it's happening.Links I mention:https://www.cnbc.com/2022/06/01/jamie-dimon-says-brace-yourself-for-an-economic-hurricane-caused-by-the-fed-and-ukraine-war.htmlhttps://tinyurl.com/y3nyc26thttps://fortune.com/2023/01/10/jamie-dimon-economy-hurricane-storm-clouds-recession-2/https://finance.yahoo.com/news/davos-pw-c-survey-finds-bleak-ceo-outlook-for-2023-174505340.htmlhttps://finance.yahoo.com/news/dont-settle-workers-market-newest-110000824.htmlhttps://en.wikipedia.org/wiki/List_of_recessions_in_the_United_Stateshttps://www.cnbc.com/2023/01/16/richest-1percent-amassed-almost-two-thirds-of-new-wealth-created-since-2020-oxfam.htmlhttps://www.cnbc.com/2021/06/23/how-much-wealth-top-1percent-of-americans-have.htmlhttps://www.usdebtclock.org/https://historydaily.org/panic-of-1893https://www.cheatsheet.com/entertainment/godfather-frank-sinatra-mario-puzo-johnny-fontane-character.html/Need more? Email me: https://causeyconsultingllc.com/contact-causey/
What this episode covers
No, I mean, seriously: WHAT IS HAPPENING? Key topics: ✔️ Jamie Dimon walking back his prediction of an economic hurricane... Why? What has actually changed to create a sense of optimism? ✔️ The Wall Street bankers like to show up hat in hand and ask for a bailout. But what about that time when the government showed up to the bankers and asked for a bailout? ✔️ A lot of cash can fly out the door quickly. Is it all taxpayer money? How is all this currency even in existence? ✔️ The CEOs at D...
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What is Really Going on Here?
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