2.8 • 690 Ratings
🗓️ 23 March 2022
⏱️ 58 minutes
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0:00.0 | Welcome to Making Sense of the Madness. I'm your host, Sean Morgan. We're going to question the mainstream narrative and expose media propaganda like we always do. We're going to be talking to Dr. Kirk Elliott about, he's going to give us some insight into the latest economic news, this global financial collapse that's occurring before our eyes. We're also going to talk to Josh Reed of the Red Pill Project about the breaking news. |
0:25.4 | I'm going to cover it all in a monologue. |
0:26.8 | We're living through historic times, so stay with us. |
0:34.5 | We are free. We are America. We are free, we are America. |
0:40.1 | We are free, we are America. |
0:44.1 | And the light shines through. |
0:46.2 | We are free, we are America. |
0:59.0 | Well, Dr. Kirk Elliott is a Ph economist and founder of Kirk Elliott Private Advisors. He's always researching the latest trends in finance and geopolitics. |
1:03.0 | Welcome to the show. |
1:04.0 | Kirk, how are you doing? |
1:05.0 | Oh, great. It's so good to be with you. |
1:08.0 | Yes, absolutely. I really look forward to these updates because it's hard to make sense |
1:14.1 | of the madness in the financial world. For example, it seems like stocks, you know, they want |
1:19.1 | to go up a lot despite the fact that all the news is bad. Maybe you can talk to us about the |
1:24.7 | Fed rate hikes and what the expectations are for the future. |
1:28.5 | Well, you know, what the expectations are is not good for the stock market, which is why probably when you see ups like this, like what we've seen, a couple days, whenever you see like the swing that we had the other day, it was like minus 400 and then it closed like up 500 or it was up 500 and down 400. |
1:49.0 | I mean, those are violent swings. Those are like 800 point swings in one day. That generally tells us that we're looking at it generally if it's going up, if it starts down and goes up, that's like plunge protection team or stimulus money coming in. |
2:04.2 | It's generally not people who move the markets that quick, right? |
2:07.8 | And a lot of times when it's going up a lot, it's just simply just profit taking. |
2:12.6 | Some of the big hedge funds, the big banks, the big firms are just locking in profits, knowing full well that it's |
2:18.1 | going to bop down. But when the fundamentals are strong behind it, it's going to keep going up. |
2:23.1 | But the fundamentals are not strong behind the stock market right now. In fact, it's the opposite. |
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