News: Here's How I Could Be WRONG About The Yield Curve
Rebel Capitalist News
George Gammon
4.7 • 1.1K Ratings
🗓️ 27 July 2023
⏱️ 15 minutes
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Summary
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Transcript
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| 0:00.0 | Hello fellow Rebel capitalists hope you're well. |
| 0:02.4 | So most of you that have been watching my videos now I've been talking about the inversion of the |
| 0:05.6 | yield curve. |
| 0:07.6 | Boy, for at least the last nine months, but no recession. |
| 0:10.0 | I mean everything's good. |
| 0:11.1 | So you've got to ask the question is George Gamin wrong |
| 0:14.4 | about the yield curve or what would make me wrong? Maybe this is it is different this time. |
| 0:19.0 | Maybe we're not going to have a recession. Maybe the Fed is going to engineer a perfect landing, the |
| 0:24.8 | unemployment rate is going to stay low, inflation is going to come down, and the |
| 0:29.8 | economy is going to boom. Maybe George is just an idiot. Maybe he's just |
| 0:33.8 | fear-mongering for heaven's sakes. Well, there are no certainties only |
| 0:37.1 | possible or only probabilities. So that is possible. But let's get into this |
| 0:41.1 | article from Bloomberg and maybe we can kind of sift through this a little bit more and |
| 0:47.1 | Answer this legitimate question here we go title is the yield curve really wrong this time. And remember those are the two most |
| 0:55.1 | dangerous words in investing. It's different this time. Let's keep going. Just like |
| 1:01.6 | all the other times the best bet might be to assume not. |
| 1:05.0 | And again, this is from Bloomberg. This is not George Gamin in his |
| 1:11.0 | tinfoil hat. And more specifically specifically this is from a guy named John Step Back, Stepak, and I guess he is with money distilled. |
| 1:20.0 | All right, unyielding, hard landing, soft landing, no landing, trampoline landing. |
| 1:23.7 | It's the question that's on everyone's lips. |
| 1:25.7 | Well, maybe not everyone's, but if you're paying any attention to the market, |
| 1:29.4 | it certainly crossed your mind. |
... |
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