Submitted by QTR's Fringe Finance
George Gammon hosts the Rebel Capitalist Show on YouTube and runs the Rebel Capitalist Pro platform. George is one of my favorite economic commentators and has been a friend of mine, and my podcast, for years. I often describe his podcast as similar to mine, just more well thought out, more educational and more useful with less dick and fart jokes. Hey, everybody’s got their own style.
This is a discussion I had with George on Monday night following the chaos in U.S. markets on Monday, which followed a 12% drubbing in Japanese stocks Sunday night heading into Monday.
On this podcast, we discussed:
What the yen carry trade is and why it’s screwing up the works in the U.S.
Other risks to U.S. markets and the U.S. economy
Whether George thinks we are heading for a debt crisis (the answer might surprise you)
What the bond market is telling us
How George thinks the Fed is going to react to this volatility
What George thinks the market is going to do in both the short and medium term
You can listen to the full hour long interview and explanation at this link.
