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Peak Prosperity

The Markets Don’t Reflect Reality

Peak Prosperity

Chris Martenson

Business, Government, Investing

4.7591 Ratings

🗓️ 2 August 2024

⏱️ 60 minutes

🧾️ Download transcript

Summary

An attempted assassination. A Democratic coup. Kamala wasn’t the border czar. Conservatives are “weird.” And a bizarre opening ceremony at the Olympics in France. We live in crazy times, right? But the markets just shrug these narratives off.

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.

0:09.0

It looks like the markets is the only sport per se that defense doesn't seem to matter.

0:25.2

Hey, welcome everybody to this edition of Finance You.

0:26.1

I was so glad to be back.

0:28.1

We took last week off for reasons.

0:29.3

Paul, good to see you again.

0:30.2

How are you doing today, buddy?

0:31.6

I'm doing good, Chris.

0:32.5

Good to see you too.

0:36.6

And it wasn't a problem at all to skip with all the work that you've been doing.

0:54.9

So thank you for that. Yeah, I just, you know, for anybody who hasn't watched, I had to dive a little deep into the whole Trump assassination. Because you know what, Paul, I consider it kind of a big deal that that happened. And I know that there's many people who are trying to move past it and, you know, said things that, that like, oh, it was just a hoax.

1:04.9

It's not a hoax. People died, you know, and. And then people who really don't understand guns at all said, oh, well, maybe Trump set that up. I'm like, you got to spend some time at the range.

1:12.5

Nobody allows that shot to be taken out there in the wind. You know, no. So so but there was that whole side of things but but i do feel that that uh you know part of it is is that it's uh in this

1:18.3

context of the fourth turning there's all this fracturing that happens right so here's a fracture

1:24.1

people who think it was a hoax people who don't think it was a hoax they're there i've heard of actual people saying i can't talk to my friend about it at all there's another one of these breaks that happens it was kind of like around you know certain things around covid policy some people went this way some went that way so i i feel like if you ever heard that i can't i'll do i can't do justice paul have you ever heard the joke where this guy's driving along and he sees a man, he's about

1:45.2

to jump off a bridge?

1:46.6

And he pulls out and he says, hey, brother, can I help you?

1:48.8

And the guy's like, no, I'm despondent.

1:50.3

I got to, I got to go. He's like, well, how about, are you religious? I says, yeah, I'm religious. he goes well let this pray wait what what religion are you he goes oh well i'm lutheran

1:58.3

he says oh hey me too and he says which uh which which which branch i'm part of the

...

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