‘1987 Crisis’ Approaches As Credit Markets ‘Revolt’ | Jim Thorne
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Published 2024-06-28
Jim Thorne, Chief Market Strategist at Wellington-Altus Private Counsel, remains tactically long the equity markets, but says major headwinds will prevail post-2025.
Jim’s last interview: • Brink Of ‘Perilous Financial Collapse...
*This video was recorded on June 28, 2024
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0:00 - Intro
1:16 - Credit markets will 'revolt'
3:00 - Tax policies
8:40 - Inflation
18:27 - Fed monetary policy
22:50 - Yield curve and recession
24:23 - AI and the economy
32:14 - Market outlook
#stocks #trumpvsbiden #economy
All Comments (21)
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Got injured in an accident? You could be click away from a claim worth millions. You can start your claim now with Morgan & Morgan at forthepeople.com/David without leaving your couch. Remember, it's free unless you win. Who won the Presidential debate? What impact does the outcome of the election have on the economy? Comment below your thoughts and don't forget to subscribe! FOLLOW JIM THORNE: Wellington-Altus Private Counsel: wellington-altus.ca/private-counsel/ Twitter (@DrJStrategy): twitter.com/DrJStrategy
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Insightful video! The 1987 crisis offers valuable lessons for today. Diversifying investments seems crucial in times of market volatility.
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Housing crisis, health crisis, cost of living crisis, debt crisis, inflation crisis, EU war crisis, middle East crisis. How many crises can a koala bear? I'm approaching retirement with comfortable millions, yet scared of a banking crisis. Where do I best grow my money?
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Thanks David for an excellent interview! Twist is, how does Fed cut rates without sending housing prices even higher? Fed lowering rates near 0 and the resulting 'financialization' of residential real estate made current housing market a problem not easily solved
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Lower govt. spending, lower taxes on the middle class. That simple.
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Recession- “2 consecutive 1/4s of gdp” therefore we been in recession for 2 years specially if like this guy says government spending is propping up the market right?
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Biden, “Far right wing”? I’m done already!
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When people use political categories like "right wing" or "left wing" to discuss economic issues, the reason is that they are unable to analyze the economic issues intelligently. I enjoyed the law firm ad, but I turned this off early in.
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Just sharing this in public interest: comparing CPU based businesses to blackberry is not accurate. CPU infra may become more commoditized, but GPUs are not replacing the workflows that need CPU infra, not now, not in a decade.
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This interview has so much gold but it seems many in the comments missed it. Great interview.
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Rates will NOT GO UNDER 2 % they may go to 7% never going low again or we go Argentina
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🎉🎉 he is living in a phantasy world 🌍
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Wow,50%BS
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Jim is heavily invested in the NASDAQ/Bitcoin story and needs to talk his book (cut rates fast) - it's a simple as that.
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“Adding heat to water to make an electron” - real science expert! 😂
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This scenario is being displayed from the macro perspective. The common worker, blue and white collar, will be experiencing an initial stagflation broken eventually by a worldwide depression. This depression, in effect, will be never ending because of AI/technology is QUICKLY eliminating human employee need ! As much as socialism and communism have proven ineffective and discriminatory, an 'altered type' seems the only hope of societal system !
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Nobody pays owners equivalent rent bro. So if anything that number is lower than actual rent increases.
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Hallelujah!!! I’m blessed and favored with $60,000 every week! Now I can afford anything and support the work of God and the church. For Your glory, LORD! HALLELUJAH!
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I am done with this guy after first 4 minutes! Lol
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If the SPX had the same flash crash as 1987 from present levels it would be a 36-37% sell off which would bring it back to the Oct. 2022 lows. It could be due to the current levels of debt which are much worse than 1987 a 40-45% crash over 2 months or so taking the SPX to 3000. Buffett has called a 40% correction this year and has gone into cash 200 Billion recently.
