#1231 Darius Dale | US Economy Is VERY STRONG Right Now

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.8 • 1.9K Ratings

🗓️ 2 August 2023

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

Darius Dale is the founder & CEO of 42Macro. In this conversation, we talk about consumer spending, durable goods, whether the economy is heading to a recession, what the Fed possibly could end up doing, and what it means for the US economy to be resilient.

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Pomp writes a daily letter to over 250,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/

Transcript

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0:00.0	What's up everyone? This is Anthony Pompliano. Many of you know me as Pomp. You're listening to the Pomp podcast, which is my effort to find the most interesting people in the world and sit with them for hours while I ask questions in an effort to learn. So it would mean the world to me if you would subscribe to the show on your favorite audio platform, watch episodes on YouTube, and tell your friends and family about the podcast.
0:24.2	My goal is to help millions learn from the world's most interesting people.
0:28.2	So let's get in to today's episode.
0:30.6	Darius Dale is the founder and CEO of 42 Macro.
0:33.7	In this conversation, we talk about consumer spending, durable goods, whether the economy is headed
0:38.3	towards a recession, what the Fed possibly could end up doing, and what exactly it means for the
0:43.0	U.S. economy to be resilient. I always enjoyed talking to Darius, and I hope you guys enjoy
0:47.3	this conversation. It's as informative and entertaining as always. Here is my conversation
0:52.1	with Darius Dale.
0:56.6	This episode is brought to you by StartEngine.
0:59.0	The biggest fortunes aren't made on Wall Street.
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1:03.3	Consider Mike Walsh.
1:07.0	He was just a regular guy, but then he invested $5,000 into Uber.
1:13.0	And that investment money, it grew to a staggering $24.8 million. Such opportunities were once behind closed doors, reserved for those with connections or vast fortunes. But not anymore.
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1:23.4	With Howard Marks, who co-founded the gaming giant Activision at the helm, StartEngine and its 1.7 million users have fueled startups with over $1.2 billion
1:32.1	invested on their platform.
1:33.7	And they've done it without taking a cent from venture capital.
1:36.8	In fact, they believe in their mission so much, they're almost completely funded through
1:40.4	community investors, to the tune of over $75 million in crowdsource funding to
1:44.8	date.
	...

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