meta_pixel
Tapesearch Logo
Log in
The John Batchelor Show

#MrMarket: The Bear at Christmas. Jim McTague, former Washington Editor Barron's.

The John Batchelor Show

John Batchelor

Books, Society & Culture, Arts, News

4.52.8K Ratings

🗓️ 24 December 2022

⏱️ 10 minutes

🧾️ Download transcript

Summary

Photo: No known restrictions on publication.
@Batchelorshow


#MrMarket: The Bear at Christmas. Jim McTague, former Washington Editor Barron's.
https://www.wsj.com/articles/consumer-spending-personal-income-inflation-november-2021-11671750930?mod=hp_lead_pos2&mod=hp_lead_pos4

Transcript

Click on a timestamp to play from that location

0:00.0

Maybe your stamps are on the table next to the birthday card you forgot to send.

0:03.9

Or in that random drawer full of pens, pennies and paperclips.

0:07.8

Or stuck to your fridge behind a do-list and a magnet from Malaga.

0:11.2

Or maybe just maybe, then neatly placed in a completely sensible spot.

0:16.1

After the 31st of January 2023, regular stamps without a barcode will no longer be valid.

0:21.5

So if you know where your old ones are, this is your last chance to use them up.

0:25.0

Or you can swap them.

0:26.4

For more info visit RoyalMail.com slash barcoded stamps.

0:30.1

This is CBS High on the World.

0:32.0

I'm John Bachelor.

0:33.0

The American economy at Christmas time.

0:35.2

I welcome Jim McTagg, former Washington editor, Barron's magazine, now a novelist.

0:41.0

To comment on where we are in a market that seems determined to sell, sell and sell.

0:47.3

If you're what used to be buy, buy, buy, that would be big tech.

0:51.6

But there are other parts of the market that are moving.

0:53.7

And Jim, some months ago said, a rally through the end of the year and the spring time.

1:00.1

Jim, the rally is intact.

1:02.1

Where are we?

1:02.9

Good evening to you.

1:04.1

Good evening, John.

1:05.6

Well, you know, the rally one week it looks great and the next week it's weeding.

1:11.5

So imagine a foot race where the lead runner suddenly runs out of juice and gets passed

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from John Batchelor, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of John Batchelor and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.