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Peak Prosperity

Are Markets Delusional, or is This Time Truly Different?

Peak Prosperity

Chris Martenson

Government, Investing, Business

4.7591 Ratings

🗓️ 6 December 2024

⏱️ 91 minutes

🧾️ Download transcript

Summary

Are we in an economic “kayfabe” that will lead to a “Minsky moment?” Catch up on all the latest economic jargon with Paul and Chris!

Transcript

Click on a timestamp to play from that location

0:00.0

Nothing in this program should be considered investment advice.

0:03.2

It is for educational purposes only.

0:05.3

Please hit pause and read this disclaimer in full.

0:10.8

Is the deep steak going to, you know, like rats turn on each other and try to be the first to come up with a plea deal and give up?

0:19.4

Are they going to eat each other up? Or are they going to fight to

0:21.6

the brutal end between now and January 20th? The following is the audio version of a video

0:27.4

released at peakprosperity.com. Visit peakprosperity.com to watch the video and to find

0:34.0

other insightful content, such as articles, discussion forums, and exclusive subscriber-only content.

0:48.2

Hello and welcome to this edition of Finance You.

0:50.8

I am your host, Chris Martinson, here again with Paul Kiker of Kiker Wealth Management.

0:54.7

Hey, Paul, how are you today? Hi, Chris. I'm doing well. Good to see you again. Great. Ah, so much to talk about. We're going to be talking about markets, obviously, things finance related. Got a bunch of stuff going on. I want to start here with this. This is the S&P p over time you and i talked about something mysterious

1:11.6

happening back here on october 30th it's just been that's ruler straight advance barely counted

1:17.2

as a correction huge advance this got a little dodgy for a second but it's since broken out again

1:23.2

and by the way paul this is kind of a global thing, you know, and we could note that the German Dax breaking out, smashing through above 20,000.

1:35.4

And I say that with that incredulity, because my economic data, Paul, coming out of Germany, it is, smells like rotten eggs.

1:44.8

It's not good.

1:46.4

Layoffs, bad earnings, you name it.

1:49.5

So I don't know how to make sense of that, except in my old school way, which is, I guess

1:54.5

there's ample liquidity.

1:55.9

More buyers than sellers.

1:58.3

That's all I can figure.

2:00.2

It sure seems that way.

...

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