We have a very dangerous situation where the Fed says they won’t be lowering rates with the markets. They don’t believe them. And so they’re betting on just the opposite direction. Both are attempting to call each other’s bluff. And the reason this game of chicken is so different is because it’s actually the most dangerous for the public, not the people playing the game. There are two ways that this can go, and it ultimately leads to the same result. Well, how much time do we have and do I protect myself differently depending on which each of those happens? These are the questions we’ll answer

CHAPTERS:

0:00 Introduction
1:38 Stock Buybacks
3:45 Sleepwalking Into A Selloff
5:50 Who’s At Risk?
6:44 Markets Play Chicken With Fed
9:40 Dangerous Game
11:50 Look at Lebanon
14:21 Wrap Up

SLIDES FROM VIDEO:

SOURCES:

https://www.bloomberg.com/news/articles/2023-02-02/stock-buybacks-hit-132-billion-as-companies-snub-all-warnings?sref=rWFqAg1Y

https://www.bloomberg.com/news/articles/2023-02-03/bofa-s-hartnett-warns-investors-risk-sleepwalking-into-selloff?sref=rWFqAg1Y

Chart of the Week (imf.org)

Global Economic Uncertainty Remains Elevated, Weighing on Growth (imf.org)

Markets Play Game of Chicken With Central Banks on Pivot Bets – Bloomberg

Looser Financial Conditions Pose Conundrum for Central Banks (imf.org)

https://www.gold.org/goldhub/research/gold-demand-trends/gold-demand-trends-full-year-2022

https://www.reuters.com/markets/currencies/lebanon-devalue-currency-by-90-feb-1-cbank-chief-says-2023-01-31/

https://dunyanews.tv/en/Business/693544-