Go to groundnews.com/davidlin to understand how today’s headlines impact your financial future. Save 50% off the Ground News Vantage plan and stay fully informed on economics, tech and more. FOLLOW KOMAL SRI-KUMAR: Substack: srikonomics.substack.com/ X (@SriKGlobal): x.com/SriKGlobal
Truly excellent guest and interview! Dr. Sri-Kumar is very clear-headed and highly nuanced in his macro analysis. Appreciate his insights and love his matter-of-fact speaking style - he's straight to the point and does not waffle around. Also, fantastic questions David! Keep up the great work.
I was waiting to see how much of his portfolio he was going to give precious metals as his hedge. He never even mentioned them. Only emerging markets and US stocks and buy short term paper. I gotta say - IMO, he's like the FED. A typical academic who has never held a real job. Sure, he can analyze everything in detail and explain his thinking well. But really - he says good luck to Trump in trying to accomplish goals, and totally ignores what to do if Trump is less than successful. Geez.........
Trump allows the stock markets to anticipate his policies. In this way, he is making the shares inexpensive on the occasion of the imminent abolition of income tax.
Mr. Sri-Kumar is a highly respected economic expert and strategist, who is regularly interviewed on other macro channels I follow, as well as on mainstream outlets such as CNBC and Bloomberg.
Crashing? No. It's returning to how it should be. Our "market" has always been overhyped and been speculative. It's going to fall back to levels that reflect the economy
Jerome Powell is not an economist. Why and who appointed him to the Fed which is not a government institution but more of a private bank for private bankers established by JP Morgan during a banking crisis. See the documentary called Jekyll Island. Lyndon LaRouche started the End the Fed campaign which resurfaced during the 2008 Occupy movement. The banks got bailed out, we got sold out.
Don't worry, there are governments in EU that assume like 20% government spendings increase, so GDP go up, and inflation purposly go up as well. We have something called VAT, so they intend to put it on more and more deals. Another fuel for inflation.
Today all of the big market indices around the world dumped, except for IPSA (Chile). So where did all of this money from the massive selling go? Cash, metals, bank accounts?
*My friend. I appreciate the time you spend on keeping us informed about the economy. As of December 21st 2024. I count on $2,500 what do you suggest me to invest in?🇺🇸🇺🇸*
I appreciate it. I will never forget this administration putting many people and families into difficult situations. Yetta Cox investment helps me also.
I am also a proud beneficiary of Ms Yetta! I built my portfolio massively and am still building. Started with a RUclips referral just like this and a few thousand. Now I'm up on the bottom line.
The system is failing as a result of both government and federal policy. In the next days, the banking crisis would have to be epic and gigantic for the FED to decide not to raise interest rates. This won't happen; an increase and a crash are coming. There will be more negative portfolios this 2nd half of 2024 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
I first started investing in stocks in late 2019, just before the pandemic, and that same year, I saw a return of over 150%, despite having no prior investing experience. I was essentially following the guidance of my advisor. Now, I'm working towards a retirement goal of $3 million, and given the impressive returns on my subsequent investments, I'm confident that goal is well within reach.
Acknowledgment to Melissa Terri Swayne, one of the finest portfolio managers I've ever worked with. She's widely recognized with over two decades of experience, preferably you should look her up yourself.
insightful comments, I searched Melissa Terri Swayne by her full name and found her page, no sweat.. already sent an email to schedule an appointment, she seems well matched for the job.. thanks for putting this out
Komal is very wrong to believe that solar energy has a significant influence on oil prices. Compared with petroleum products, solar energy usage is so close to zero percent that it doesn't matter.
Oil will not be surpassed until there's a replacement that meets current market/tech infra demands *edit most of the world's biz still runs on petroleum or petroleum-based products...
Nasdaq is not the most interest rate sensitive. The Russell is fare more sensitive. The interest rate doesn't affect the QQQ because the companies need low interest rates to grow (they have plenty of liquid cash). Interest rates affect the QQQ because when interest rates drop, risk free investments drop, causing people to invest in riskier assets like the QQQ to get a decent return. Higher interest rates = higher risk-free investment rates = less investment in Tech.
David Lin's hair gel! I think you should do it Dave. It could be an excellent product, a real product with the best organic ingredients that not only keep your hair in place with excellent sheen, but it also good for your hair and scalp too! Go for it Dave! David Lin's full line of excellent hair products!
Imagine if Powell was propping up bitcoin instead of the stock market. Printing money, devaluing peoples savings to make bitcoiners richer. People would lose their minds. But because hes doing it for the stock market, basically taking poor peoples money and giving them to rich stock holders, its somehow okay.
can someone explain to me why tariff de-facto increase inflation for a country that is majority exporter and not importer? Tariff only increase prive on products from that country. If there are no equivslent american product to buy, then yes. price increase. But Inwould assume most products from canada and mexico has an american equal, meaning people will buy the american product
The thing with tariffs is that it is a temporary increase of prices produced by the tariffed country. If US goods were produced at the same price level and quality, then there might be substitution, but this is unlikely because then the tariffs wouldn't be necessary to begin with. The real issue with tariffs is not the temporary price increases but the long-term demand destruction that results from unnecessarily high prices that get compounded as each country retaliates for the tariffs levied against them. This is what occurred in the early 20th century.
How can the FED crash the stock market they don't hold any stocks to sell, the last I checked, people are finally waking up and figuring out that it's 75% overvalued
My theory is the market is ultra bullish because #1 the new generation always buys the dip, #2 people need a way out for losing purchasing power, they have to have a way to counter inflation. However what happens when the market cannot go higher anymore, plus possible stagflation, it will be a race to extract money out of the market because that precious cash is vital with the costs of everything rising. Sell offs will be massive as everyone needs the other person to keep buying, and no one wants others to take away their gains, especially when people are using it to survive inflation
Remember, you need a buyer, consumer....theyre broke. As well as companies if the interest rates dont drop..not many can buy value unless its necessities
Wouldn't he have to be a resident of CA again. It's not worth his time or money this is a Dem strong hold. The main cities only vote one way. Wouldn't work.
*_"Recession?"_* Or not. Seems mixing the "market" (the _"legal"_ casino) with the consumer "supply vs demand" reality into a single *_"condition"_* is nonsense. Like trying to build a skyscraper on landfill. It's *_NONSENSE._* I feel like saying, *_"shut-the-fuck-up about a RECESSION or not."_*
19:04……. The first person I have heard speaking that this government manipulation is the wrong way to improve economic conditions. Yes to do that there needs to be increases in factories, businesses etc in the real world- for this is how strong economies have always been built. Not this “fake money thing”.
India is a dump. Until they fix that, I don't buy it. A few outliers in the West means nothing. It's no different than successful Nigerians in the West. Until they can fix their countries, they're all just outliers. The Chinese and The Jews are legit.
Go to groundnews.com/davidlin to understand how today’s headlines impact your financial future. Save 50% off the Ground News Vantage plan and stay fully informed on economics, tech and more.
FOLLOW KOMAL SRI-KUMAR:
Substack: srikonomics.substack.com/
X (@SriKGlobal): x.com/SriKGlobal
This is actually a good guest, first time I've come across him.
Daaaaamm, I guess he REALLY got you exited, huh?
He’s incredible.
My first time to listen to Komal Sri-Kumar, and he is absolutely on point! Thank you!
Its over
True professional Mr Sri-Kumar
Excellent conversation! Bravo!!!
Truly excellent guest and interview! Dr. Sri-Kumar is very clear-headed and highly nuanced in his macro analysis. Appreciate his insights and love his matter-of-fact speaking style - he's straight to the point and does not waffle around. Also, fantastic questions David! Keep up the great work.
Agree
He should literally be the chairmen of the fed… he would be so fucking good. I don’t understand why we can’t have nice things
HE WAS A GREAT GUEST! thanks
Good guest.
I really appreciate the perspective Mr. Sri-Kumar provides. Pleaae welcome him back.
Great guest, David. Please have him back again soon.
The equity markets are about double what they are worth! Let that sink in!
Either that or your salary is half of what it should be 🤔
Some prices have tripled and quadrupled. Demand and need at food banks are growing. Homelessness too.
Remember Hooverville.
Very interesting! Thank you!
Another great show from the David Lin Report!
This my person best economic reader
Really good interview… get Komal on again David 👍
This guy is straight forward and intelligent.
Very good analysis.
I was waiting to see how much of his portfolio he was going to give precious metals as his hedge. He never even mentioned them. Only emerging markets and US stocks and buy short term paper. I gotta say - IMO, he's like the FED. A typical academic who has never held a real job. Sure, he can analyze everything in detail and explain his thinking well. But really - he says good luck to Trump in trying to accomplish goals, and totally ignores what to do if Trump is less than successful. Geez.........
Great interview!
Get rid of the FED.
You clearly have no education regarding the economy.
@@eh7599 Said the jewish NPC
@eh7599 you clearly have too much education good sir
Trump allows the stock markets to anticipate his policies. In this way, he is making the shares inexpensive on the occasion of the imminent abolition of income tax.
@@eh7599or, just maybe he DOES! do you know the origination history of such a debacle? Truthful analysts & historians will shock you 😊
Mr. Sri-Kumar is a highly respected economic expert and strategist, who is regularly interviewed on other macro channels I follow, as well as on mainstream outlets such as CNBC and Bloomberg.
A banger Dave.
Crashing? No. It's returning to how it should be. Our "market" has always been overhyped and been speculative. It's going to fall back to levels that reflect the economy
good guest, good translator of Powell speak...
David. I like your guest. Keep it up!
David has the best hair!
That's a weird comment
😅
Came here from the commentary.. but stayed for the hair….😮
@@tinfoilhatplumber485 No it's not, it's a running theme here in the comments!
@ArkOmen1 I know, but it's still ridiculous
I don't need a nuclear expert I need a plumber.
Trump will force more aggressive dovish action, he needed to pump the brakes beforehand
Harold and Kumar was awesome
👍
Solid!
Jerome Powell is not an economist. Why and who appointed him to the Fed which is not a government institution but more of a private bank for private bankers established by JP Morgan during a banking crisis. See the documentary called Jekyll Island. Lyndon LaRouche started the End the Fed campaign which resurfaced during the 2008 Occupy movement. The banks got bailed out, we got sold out.
Occupy was 2011
thank you great show!
very rational explanations! great interview
Great guest, looking forwards
No cuts next year, that is a TERRIBLE shout. I bet the house against that view.
A lot more than the market is going to crash soon!!!
Thank you sir for the thoughtful analysis
Watching you from Kenya good work
David lin
Smart guest. So much better than some of the bottom of the barrel crypto influencers you’ve had on (Ran Neuner, Altcoin Daily etc)
Plumbers, go back to school! The country's economy depends on you.
26:08 oh damn he just nailed my base case
Mr.Komal has been very critical of Powell all year great guest.
Deflation by spring, negative rates by fall
Agreed, consumer demand down, gasoline prices down, and government spending down.
😂
I sure hope we have some good deflation. It’s getting ridiculous
120% discount on all imports from China.
Don't worry, there are governments in EU that assume like 20% government spendings increase, so GDP go up, and inflation purposly go up as well. We have something called VAT, so they intend to put it on more and more deals. Another fuel for inflation.
Today all of the big market indices around the world dumped, except for IPSA (Chile). So where did all of this money from the massive selling go? Cash, metals, bank accounts?
*My friend. I appreciate the time you spend on keeping us informed about the economy. As of December 21st 2024. I count on $2,500 what do you suggest me to invest in?🇺🇸🇺🇸*
I appreciate it. I will never forget this administration putting many people and families into difficult situations. Yetta Cox investment helps me also.
The profits in her investment plan shows how selfless she is towards the business, And her expertise is wow.
THIS IS REAL her investment has been helping so many over here, God bless you Ms Yetta Cox.
My wife and I now hold Ms Yetta in high regard because of the $21,OOO every 5 days we receive with her strategies.
I am also a proud beneficiary of Ms Yetta! I built my portfolio massively and am still building. Started with a RUclips referral just like this and a few thousand. Now I'm up on the bottom line.
The best explanation ever.👍😘
Powell does not like orange man bad so...
There is a storm on the horizon.
These two men will clash soon.
Get your popcorn ready.
@bobboberson5755 money printer went brrrrrrr under Trump due to COVID. Are you playing the victim just in this instance or is this your full time job?
Itll be back up by Friday.
Q: Howcome Mr. Komal makes complete and logical sense, and Pow-Wow appears vague and illogical?
INSIGHTFUL
The system is failing as a result of both government and federal policy. In the next days, the banking crisis would have to be epic and gigantic for the FED to decide not to raise interest rates. This won't happen; an increase and a crash are coming. There will be more negative portfolios this 2nd half of 2024 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
I first started investing in stocks in late 2019, just before the pandemic, and that same year, I saw a return of over 150%, despite having no prior investing experience. I was essentially following the guidance of my advisor. Now, I'm working towards a retirement goal of $3 million, and given the impressive returns on my subsequent investments, I'm confident that goal is well within reach.
That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?
Acknowledgment to Melissa Terri Swayne, one of the finest portfolio managers I've ever worked with. She's widely recognized with over two decades of experience, preferably you should look her up yourself.
insightful comments, I searched Melissa Terri Swayne by her full name and found her page, no sweat.. already sent an email to schedule an appointment, she seems well matched for the job.. thanks for putting this out
US is still going to be the prettiest one in an ugly group. 🤣🤣🤣
That's for sure! 😅
Komal is very wrong to believe that solar energy has a significant influence on oil prices. Compared with petroleum products, solar energy usage is so close to zero percent that it doesn't matter.
Eventually the combustion engine will be banned... he might be right... but to really see it... it might take 5 or ten years
@@neonovalis Oil is also used in the chemicals and plastic.
Source?
@@Pangora2 yes, but about 80 percent are burnt (transport, heating)
Oil will not be surpassed until there's a replacement that meets current market/tech infra demands *edit most of the world's biz still runs on petroleum or petroleum-based products...
Nasdaq is not the most interest rate sensitive. The Russell is fare more sensitive. The interest rate doesn't affect the QQQ because the companies need low interest rates to grow (they have plenty of liquid cash). Interest rates affect the QQQ because when interest rates drop, risk free investments drop, causing people to invest in riskier assets like the QQQ to get a decent return. Higher interest rates = higher risk-free investment rates = less investment in Tech.
Ummm... I think we need more plumbers than nuclear physicists
If nuclear physicists crack fusion we have limitless energy
David Lin's hair gel! I think you should do it Dave. It could be an excellent product, a real product with the best organic ingredients that not only keep your hair in place with excellent sheen, but it also good for your hair and scalp too! Go for it Dave! David Lin's full line of excellent hair products!
Next week’s sponsor!
Imagine if Powell was propping up bitcoin instead of the stock market.
Printing money, devaluing peoples savings to make bitcoiners richer.
People would lose their minds.
But because hes doing it for the stock market, basically taking poor peoples money and giving them to rich stock holders, its somehow okay.
Fed like the Charlie Brown teacher wah wah wah wah
There was a time when enemies of the state were treated to a front row seat in a shower block.
Government and Fed get out of the way
20:29 To be fair. Plumbers earn more than nuclear physicists
Dreaming of rate cuts on mortgages and credit cards but expecting fark all
We should be depended on AI, and Quantum shit! All Fed should be out, replace with AI.
And AI learns from feds previous work ?
Soooo…… when moon?
can someone explain to me why tariff de-facto increase inflation for a country that is majority exporter and not importer?
Tariff only increase prive on products from that country. If there are no equivslent american product to buy, then yes. price increase.
But Inwould assume most products from canada and mexico has an american equal, meaning people will buy the american product
The thing with tariffs is that it is a temporary increase of prices produced by the tariffed country. If US goods were produced at the same price level and quality, then there might be substitution, but this is unlikely because then the tariffs wouldn't be necessary to begin with. The real issue with tariffs is not the temporary price increases but the long-term demand destruction that results from unnecessarily high prices that get compounded as each country retaliates for the tariffs levied against them. This is what occurred in the early 20th century.
Hes wrong on the American dollar .its the debt.
.....I like him.
Deficit spending is good for the market.
How can the FED crash the stock market they don't hold any stocks to sell, the last I checked, people are finally waking up and figuring out that it's 75% overvalued
Fed needs to support the market, the capital gains tax is a big item for Government.
Save your breath .......everything is by DESIGN 😂😂
If you know who the federal reserve are then you'll know this 😂😂
Market correction
If the dollar strengthens does that mean my money should be in stocks or high interest bearing accounts?
Won’t tariffs cause steak floatation?
My theory is the market is ultra bullish because #1 the new generation always buys the dip, #2 people need a way out for losing purchasing power, they have to have a way to counter inflation. However what happens when the market cannot go higher anymore, plus possible stagflation, it will be a race to extract money out of the market because that precious cash is vital with the costs of everything rising. Sell offs will be massive as everyone needs the other person to keep buying, and no one wants others to take away their gains, especially when people are using it to survive inflation
Efff the markets! Money is cheap enough, too cheap. Learn to make money the traditional way, create, buy, and invest in real value.
Remember, you need a buyer, consumer....theyre broke. As well as companies if the interest rates dont drop..not many can buy value unless its necessities
Dave. Bring him back!🤗
Just a correction and a taking of profits coming next month.
Far out man ,plummeting market, keep on going. Yes ,waiting for yrs.
Crash seriously. This is the end of the pump and dump PA and the beginning of the symmetrical dump and pump round.
No more Fed cuts in 2025? 🤔
He did not say no cuts. I bet he cuts a lot. (sorry I was talking about Powel, not this guest)
@@Infinite_P We already know he lies. Pretty much every predictions Powell has made about rate cuts in the past 2 years has been completely wrong.
Trump will cut Powell.
@ I don’t think he can before his term is up. Another problem, I think Trump wants a weaker dollar and that’s not happening at least for now.
I don't believe anything economists say.,,,especially FED
Powell is an attorney, NOT an economist!!
has the fed ever stopped cutting once they've started?
Yes.
It's time for Gold and Miner's
14:17 - "Meow"
FED jerking us muppets around again.
What do you think? Elon Musk should announce he will run for Governor of California in 2026 to just spark fear.
Even though I don't live there , that would be epic
Wouldn't he have to be a resident of CA again. It's not worth his time or money this is a Dem strong hold. The main cities only vote one way. Wouldn't work.
Watch and follow the debt market
No way, fed cuts in April/May again
Can the new president help in this case?
This is the best the fed could do. Wake up
the crash is Beginning 😮
*_"Recession?"_* Or not. Seems mixing the "market" (the _"legal"_ casino) with the consumer "supply vs demand" reality into a single *_"condition"_* is nonsense. Like trying to build a skyscraper on landfill. It's *_NONSENSE._* I feel like saying, *_"shut-the-fuck-up about a RECESSION or not."_*
19:04……. The first person I have heard speaking that this government manipulation is the wrong way to improve economic conditions. Yes to do that there needs to be increases in factories, businesses etc in the real world- for this is how strong economies have always been built. Not this “fake money thing”.
Face it. Our Indian brothers and sisters are great accountants and financiers.
India is a dump. Until they fix that, I don't buy it. A few outliers in the West means nothing. It's no different than successful Nigerians in the West. Until they can fix their countries, they're all just outliers. The Chinese and The Jews are legit.
Wow. He doesn't even give precious metals a mention for 2025. I guess he's an academic who can't see the forest for the trees.
Because it serves their purpose?
hard to make something without basic materials ,most of daily goods is possible buy elsewhere and cheaper than from USA ,basic logic.
Powell is full of BS, I don't get why the market follows such a liar.
Lol traditional finance is so funny compared to crypto lol 10% dip = sky is falling 🤣
If this guy ran the fed we’d be pooping in the streets with no tp in sight
an actual objective guest. more objective guests are welcome. subjective and bias guests are not great.