{"id":35005,"date":"2023-12-22T14:23:51","date_gmt":"2023-12-22T21:23:51","guid":{"rendered":"https:\/\/www.itmtrading.com\/blog\/?p=35005"},"modified":"2023-12-22T15:05:47","modified_gmt":"2023-12-22T22:05:47","slug":"the-data-powell-doesnt-want-you-to-see","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/the-data-powell-doesnt-want-you-to-see\/","title":{"rendered":"Fed Knows Economy is Headed for Crash Landing and Isn\u2019t Saying; Here Are the Clues – George Gammon"},"content":{"rendered":"

\u201cThere is a huge, huge problem that he knows about that he’s not admitting to,\u201d says George Gammon, a macroeconomics expert and host of the Rebel Capitalist Show, in an interview with Daniela Cambone. He explains that the Fed chairman Jerome Powell pushed back on market expectations for aggressive interest rate cuts because he is either alarmed by a much weaker economy or deeply concerned by a weakening dollar. \u201cWhether that problem\u2026 is the dollar being over 100 or the U.S. economy is tanking right now, I don\u2019t know.\u201d He continues that the bond market indicates that the U.S. economy is headed into a hard landing and history indicates that a recession is inevitable. \u201cEvery single recession that we have had since 1950 has been preceded by an inversion of the curve,\u201d he states. To navigate the financial uncertainty of 2024, watch the video to discover where Gammon invests 90% of his wealth.<\/p>\n

CHAPTERS: <\/strong><\/p>\n

00:00 Introduction and Discussion of Jerome Powell’s Pivot<\/p>\n

06:00 Jerome Powell’s Motivations and Concerns<\/p>\n

12:10 The Weakening US Dollar and Potential Implications<\/p>\n

22:40 M2 Money Supply and its Significance<\/p>\n

26:25 The Fragility of the Banking Sector<\/p>\n

29:18 Potential Banking Crisis in 2024<\/p>\n

31:25 Other Risks: Geopolitical Tensions and China’s Economy<\/p>\n

35:10 Preparing for the Future: T-Bills and Gold<\/p>\n

38:07 Conclusion and Holiday Wishes<\/p>\n

SOURCES: <\/strong><\/p>\n

https:\/\/upload.wikimedia.org\/wikipedia\/commons\/d\/d7\/ArthurBurns_USArmyPhoto_1955.jpg<\/a><\/p>\n

https:\/\/www.walthercollection.com\/en\/collection\/artworks\/arthur-burns-chairman-board-of-governors-federal-reserve-system-washington-d-c-may-4-1976-from-the-family?ctx=artist<\/a><\/p>\n

https:\/\/www.flickr.com\/photos\/thirdwaythinktank\/6880708134<\/a><\/p>\n

https:\/\/finance.yahoo.com\/news\/many-vacant-homes-does-china-174156945.html#:~:text=While%20estimates%20for%20the%20number,just%20not%20the%20full%20iceberg<\/a>.<\/p>\n

https:\/\/www.ft.com\/content\/bc9ad206-9594-4c84-a943-a73b49e596e8<\/a><\/p>\n

https:\/\/www.reuters.com\/markets\/rates-bonds\/ecb-governors-see-no-dovish-pivot-before-march-cut-before-june-sources-2023-12-15\/<\/a><\/p>\n

https:\/\/www.youtube.com\/watch?v=jPLlvkJjYHw<\/a><\/p>\n

https:\/\/www.youtube.com\/watch?v=OyxIn6cPGq4<\/a><\/p>\n

https:\/\/www.youtube.com\/watch?v=VzSn1lv2uxc&t=32s<\/a><\/p>\n

https:\/\/www.youtube.com\/watch?v=tb4KrVkXHbM<\/a><\/p>\n

https:\/\/www.bloomberg.com\/news\/articles\/2023-12-18\/usd-hedge-funds-turn-bearish-on-dollar-as-goldman-sees-more-declines<\/a><\/p>\n

https:\/\/www.goldmansachs.com\/intelligence\/pages\/why-the-us-money-supply-is-shrinking.html<\/a><\/p>\n

https:\/\/www.risk.net\/risk-quantum\/7957885\/btfp-becomes-top-source-of-fed-funding<\/a><\/p>\n

https:\/\/www.jpmorgan.com\/content\/dam\/jpm\/global\/images\/JPMorgan_Logo_London_building.jpg<\/a><\/p>\n

https:\/\/www.flickr.com\/photos\/jeepersmedia\/13754760355<\/a><\/p>\n

https:\/\/www.flickr.com\/photos\/jeepersmedia\/14132965774<\/a><\/p>\n

https:\/\/www.fnlondon.com\/articles\/investing-legend-jim-rogers-on-soaring-inflation-central-bank-flaws-and-retiring-at-37-20230223<\/a><\/p>\n

https:\/\/www.businessinsider.com\/china-population-billion-people-not-enough-fill-empty-homes-2023-9<\/a><\/p>\n

https:\/\/www.cnbc.com\/quotes\/US2Y<\/a><\/p>\n

https:\/\/www.cnbc.com\/quotes\/US10Y<\/a><\/p>\n

https:\/\/www.marketwatch.com\/story\/bond-yields-rise-from-lowest-level-for-10-year-in-nearly-five-months-8ed0e2ab<\/a><\/p>\n

https:\/\/en.macromicro.me\/collections\/51\/us-treasury-bond\/762\/us-fed-funds-rate-treasury-bonds-rate<\/a><\/p>\n

https:\/\/www.youtube.com\/watch?v=n2zY3f18Fnc<\/a><\/p>\n

https:\/\/fred.stlouisfed.org\/series\/T10Y2Y<\/a><\/p>\n

https:\/\/www.federalreserve.gov\/monetarypolicy\/publications\/beige-book-default.htm<\/a><\/p>\n

https:\/\/www.bloomberg.com\/news\/articles\/2023-12-18\/china-should-trim-us-treasury-holdings-former-pboc-adviser-says<\/a><\/p>\n

https:\/\/www.marketwatch.com\/investing\/index\/dxy\/charts?mod=mw_quote_advanced<\/a><\/p>\n

https:\/\/www.aljazeera.com\/features\/2023\/8\/24\/can-brics-dethrone-the-us-dollar-itll-be-an-uphill-climb-experts-say<\/a><\/p>\n

https:\/\/www.reuters.com\/world\/china\/even-chinas-14-bln-population-cant-fill-all-its-vacant-homes-former-official-2023-09-23\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cThere is a huge, huge problem that he knows about that he’s not admitting to,\u201d says George Gammon, a macroeconomics expert […]<\/p>\n","protected":false},"author":23,"featured_media":35006,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2922],"tags":[28,53,84,301,456,1607,1849,2037,2656,3042,3043,3044,3045,3046,3047,3048],"class_list":["post-35005","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daniela-cambone-show","tag-banking-crisis","tag-federal-reserve","tag-interest-rates","tag-economy-2","tag-investing","tag-janet-yellen","tag-yield-curve","tag-geopolitics","tag-finance","tag-bank-bailouts","tag-middle-east","tag-markt-crash","tag-portfolio-allocation","tag-timing-economic-crisis","tag-prediction-for-2024","tag-forecasting"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/35005","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/comments?post=35005"}],"version-history":[{"count":3,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/35005\/revisions"}],"predecessor-version":[{"id":35009,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/35005\/revisions\/35009"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media\/35006"}],"wp:attachment":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media?parent=35005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=35005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=35005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}