4.4 • 677 Ratings
🗓️ 3 October 2022
⏱️ 62 minutes
🧾️ Download transcript
When we first spoke with Simeon last year, the bull market was raging. Stocks were on a tear, with the S&P 500 Index hitting high after high. Things are vastly different today...
This time around, Simeon shares a couple of views on the U.S. economy from a macroeconomic perspective... including his take on interest rates, inflation, and some critical U.S. Federal Reserve policies that the media isn't talking about.
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0:00.0 | Hello and welcome to the Stansberry Investor Hour. |
0:09.2 | I'm your host Dan Ferris. |
0:10.8 | I'm also the editor of Extreme Value published by Stansberry Research. |
0:15.0 | Today we'll talk with Mitchell Krause from Otherside Asset Management. |
0:19.3 | We have no mailbag today, but remember, you can call our listener feedback line 800, 381, 2357. |
0:26.1 | Tell us what's on your mind and hear your voice on the show or write to us at |
0:29.7 | Feedback at Investor Hour.com. |
0:31.8 | For our opening rant this week, Credit Swiss, silver prices, Kim Kardashian, and more, and I'll be joined today by Stansberry |
0:40.5 | Digest Editor, my colleague and friend, Corey McLaughlin, that and more right now on the |
0:46.7 | Stansberry Investor Hour. |
0:53.5 | Corey, welcome. How you doing? I'm good. Happy to be here. All right. I got a few things on my mind. I need to share with you. |
1:03.4 | Please. First of all, I think it's impossible to ignore Credit Swiss. And my favorite thing about this is not actually that, you know, Credit Suisse gives me a feeling |
1:14.9 | of 2008. |
1:16.5 | It's that the reporting has been so different on different places. |
1:21.2 | I'll tell you what I mean. |
1:22.4 | So the news is that the CEO came out with this memo to the staff. |
1:28.0 | I haven't seen the memo, but I've seen it reported on a couple of places. |
1:31.9 | So U.S. News and World reports, the very first line of their article, actually, it's a Reuters |
1:39.3 | article that went through U.S. News and World. |
1:41.9 | And they said, Credit Suisse has solid capital and liquidity, |
1:46.6 | chief executive Ulrich Corner told staff in a memo seen by Reuters on Friday, right? |
1:52.1 | Solid capital and liquidity. |
... |
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