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Tag: recession

Season 1, Episode 11: US Expansion May Continue For Four More Years, Says Commerce Trust Chief Economist

Published July 11, 2019

Scott Colbert, chief economist at Commerce Trust Company in St. Louis, disagrees with the prevailing consensus that the US expansion is at or near recession.

While growth may have slowed, the economy is in much better shape than is believed by many, with few near term chances of recession according to Colbert, citing leading economic indicators.

Indeed, “if we had to put a number on it…we would push it out towards as much as four more years” of economic expansion.

The market is underestimating the response by policymakers, including by the Federal Reserve, to ward off a slowdown. 

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The Contrarian Investor Podcast: Pilot Episode

Published April 18, 2019

The inverted yield curve, with guest Barry Knapp of Ironsides Macroeconomics

Act I: Host introduces an area of conventional wisdom in financial markets or the economy, something that has perhaps already been priced in to markets. In this case: the inverted yield curve and what it is saying about (slowing) economic growth in the U.S. (1:41)

Act II: Enter the contrarian. In this case Barry Knapp of Ironsides Macroeconomics LLC. (2:20)

Break: Placeholder to shout out to sponsors and tell people how and where to follow the guest and his or her research. In this case please check out the guest: ironsidesmacro.substack.com (11:20)

Act III: Host attempts to play devil’s advocate, questioning the contrarian’s thesis . (13:25)

Act IV: Actionable insights. What concrete steps might investors take if the contrarian is correct? What stocks, bonds, indexes, sectors should they look to? (23:00)

Disclaimer: Nothing said here should be considered investment advice.

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