Ep. 324 – Which Way Is Up?

The Kapital News
The Kapital News
Ep. 324 - Which Way Is Up?

Potential pandemics, economic disconnects on a global scale, recent natural disasters, wars and potential wars on multiple continents – it makes no difference. Global stock markets “must” keep moving higher. Does this sound like price discovery and free-market capitalism? It’s not even close! Now we have several central banks discussing the coronavirus – Covid19, as a cause for concern and something that needs to be monitored. This is correct, but what are central bankers to do? Are they virologists, microbiologists, or epidemiologists? NO! So what is money printing going to accomplish? Oh, that’s right – higher equity prices. Until of course that no longer does the trick and then they’re out of bullets. The day of reckoning will come – it always does. Yet, the further they kick this can down the road, the bigger the problem and subsequent crisis will be. So many people will be affected and most will never see it coming and they will have little if anything to protect themselves. This podcast talks about finance and economics, but there are more important things out there than money, and when the music stops, so many people are going to be hurt in so many ways – it will be a true travesty of the human experiment. We must do better than this. Stay diversified, stay vigilant, and stay with The Kapital News. #Economy #Recession #EndTheFed #Politics #Stocks #Invest #Oil #Bonds #USDollar

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