Great episode! I especially like your ability to avoid hysteria and the whole doomer mentality. Not to say we aren't facing some pretty big challenges, but it's important to be level-headed too
Joseph what will happen with liquidity when the remaining 600 billion in reverse repo are gone in march? If liquidity diminishes then stocks will go down. The FED not talking about reversing QT yet, so how can you compensate that reverse repo at zero? Second, the Bank funding program expiring on march will be replaced by the discount window so it seems no liquidity issues there. Third, bond issuance is going good, it seems all clear there to keep long rates under control. Thank you
amazing summary and spot on predictions. You are the only commentator on UA-cam I would pay for to hear your summaries (not that I have a lot). Thank you so much
Josephs premium service is the best value for your money that you'll find out there. I've learned a TON. (I am not in any way paid or incentivized to promote...I just love it)
In case of Nvidia, I saw that the ATM puts are trading a lot higher than the calls, which kind of tells me that we do have some activity on puts side as well.
In the past an average annual income will be substantially able to cover the costs of living expenses for a family provided by a single earner. However recently it takes both couples to make ends meet by increasingly working multiple jobs to support their families
Great content Joseph , the explanation on monthly NFP and layoff headlines is very well detailed. Since most job lost were in tech , would there be any indicators of the total wages lost versus wages gained from new jobs. The reason I ask is I believe low paying job creation might lead to a difference consumption basket , thank you again.
Joseph. First, I am a subscriber. I enjoy your point of view and I bought your book "Central Banking 101" which I plan to start reading shortly as I plan to retire in late spring. The first book is a 1918 printed book about "What the Boy's Did Overthere". Any way your delivery is great. You make things clear and simple. You may want to do some videos on the use of index funds vs. active management. Frankly it has been over the last 37 years of saving and investing that I have managed make to a point I can retire. Seems to me an index fund and low fees are a good way to go. Anyway take care and keep making content.
From what I understand, passive index investing is indiscriminate and cares nothing for a stocks valuations. Funds come in and the buy button is hit with zero regard. Absolutely not what I would personally do. But then I don't have an appetite for stocks right now, I'm all real estate at this time.
Why, oh why, would the FED feel/see the need to cut interest rates? The current landscape/monetary position gives depositors/savers something of a return on their savings. The damn equity markets in the US are not having a problem. Cutting rates at this point is pure speculative GREED.
We need MOAR! MOAR! MOAR good data. MOAR new highs. Thank you very much for these weekly bangers sir. You continue to do God's work and we love you for it.
Great episode but their has also been record breaking bankruptcy in the past six months. Not sure if their is way more ambitious people who need multiple jobs vs people who need. Would love to hear your thoughts on the past beige book.
That was good. Alot of it seems common sense - like multiple job holders. Finally someone pointed that out. Since they told the miners losing their job to learn to code I reckon these tech workers will be advised to farm? Thats fair right ? Yeah nah A
Middle management is usually the first to get laid off, because they don't have actual front line labor responsibilities that are noticed on a day to day basis, but they also are not high enough up to be noticed by upper management when they are gone.
Great counterbalance for the tons of shallow reactions on social and trad media. Seems like trailing stops would be useful for a melt up trend with concern about when a sudden reversal takes place.
Rubbish. Ai is the latest gimmick from US Inc to assure rightfully concerned investors in US debt. I've seen this playbook before. It's not going to provide the gains from the increased productivity they claim. Come on man, we've seen this playbook many times!
@@tastypymp1287 You've seen the playbook of the fourth industrial revolution? I guess that's what people born in 1850 said when they saw electricity demonstrated for the first time
Great episode! I especially like your ability to avoid hysteria and the whole doomer mentality. Not to say we aren't facing some pretty big challenges, but it's important to be level-headed too
Institutionalized generational poverty. "dont reach for the doomer interpretation" 😂 this guy
@@DegenerateSpeculator Please do share your secret with the rest of us
@@brianborse3555 I start by going outside where theres real people, and then I open my eyes
Joseph what will happen with liquidity when the remaining 600 billion in reverse repo are gone in march?
If liquidity diminishes then stocks will go down.
The FED not talking about reversing QT yet, so how can you compensate that reverse repo at zero?
Second, the Bank funding program expiring on march will be replaced by the discount window so it seems no liquidity issues there.
Third, bond issuance is going good, it seems all clear there to keep long rates under control.
Thank you
amazing summary and spot on predictions. You are the only commentator on UA-cam I would pay for to hear your summaries (not that I have a lot). Thank you so much
Josephs premium service is the best value for your money that you'll find out there. I've learned a TON. (I am not in any way paid or incentivized to promote...I just love it)
In case of Nvidia, I saw that the ATM puts are trading a lot higher than the calls, which kind of tells me that we do have some activity on puts side as well.
新年快樂！
Time stamps from last week for 2&3.
Fixed! thanks.
In the past an average annual income will be substantially able to cover the costs of living expenses for a family provided by a single earner. However recently it takes both couples to make ends meet by increasingly working multiple jobs to support their families
Debasement of the currency and wage lag are to blame
Diamond hand leads to having bloody stubs at the end of your arms.
You're the best financial channel that I follow. And I follow many. Amazing work
Great content Joseph , the explanation on monthly NFP and layoff headlines is very well detailed. Since most job lost were in tech , would there be any indicators of the total wages lost versus wages gained from new jobs. The reason I ask is I believe low paying job creation might lead to a difference consumption basket , thank you again.
Love your content! Read your book aswell :)
Gong Xi Fa Cai. May the year of the Dragon bring you success
Joseph. First, I am a subscriber. I enjoy your point of view and I bought your book "Central Banking 101" which I plan to start reading shortly as I plan to retire in late spring. The first book is a 1918 printed book about "What the Boy's Did Overthere". Any way your delivery is great. You make things clear and simple. You may want to do some videos on the use of index funds vs. active management. Frankly it has been over the last 37 years of saving and investing that I have managed make to a point I can retire. Seems to me an index fund and low fees are a good way to go. Anyway take care and keep making content.
From what I understand, passive index investing is indiscriminate and cares nothing for a stocks valuations. Funds come in and the buy button is hit with zero regard. Absolutely not what I would personally do. But then I don't have an appetite for stocks right now, I'm all real estate at this time.
Thank you Joseph
You're year end spy target was 5200? Do you have a new target?
6000
Why, oh why, would the FED feel/see the need to cut interest rates? The current landscape/monetary position gives depositors/savers something of a return on their savings. The damn equity markets in the US are not having a problem. Cutting rates at this point is pure speculative GREED.
We need MOAR! MOAR! MOAR good data. MOAR new highs. Thank you very much for these weekly bangers sir. You continue to do God's work and we love you for it.
I am very doubtful about cuts.
Joseph, can you explain why GDX gold miners are selling off hard and Gold is holding on to all-time highs. Is it Manipulation?
Great episode but their has also been record breaking bankruptcy in the past six months. Not sure if their is way more ambitious people who need multiple jobs vs people who need. Would love to hear your thoughts on the past beige book.
That was good. Alot of it seems common sense - like multiple job holders. Finally someone pointed that out.
Since they told the miners losing their job to learn to code I reckon these tech workers will be advised to farm? Thats fair right ? Yeah nah
A
Middle management is usually the first to get laid off, because they don't have actual front line labor responsibilities that are noticed on a day to day basis, but they also are not high enough up to be noticed by upper management when they are gone.
Great work Joseph! However I was waiting for the happy dragon year comments😂
Thank you so much Joseph for making these weekly summaries. They are great for keeping me up-to-date with what is happening in the world of macro 👍
Excellent that combination of macro knowledge and market smarts. thx
Thanks for the great update! I am more concerned that the hiring is coming from the goverment
Thanks you bring clarity to the market fog.
thank you
Happy Lunar New Year!
It’s set to be a crazy one
Thanks Joseph
Joseph is no 1 on my must watch list weekly, ❤
Thank you, JW. God bless.
Thanks Joseph, Gong Xi Fa Cai
hellooooooo
Thanks Joseph👍🏻
we need 1080p or 2k please
Like the work Joseph
back to "hard to hear "
King Joseph!!!
great content ❤
Thank you!
Great counterbalance for the tons of shallow reactions on social and trad media. Seems like trailing stops would be useful for a melt up trend with concern about when a sudden reversal takes place.
Simply put the Ai and automation boom is real and a lot of people will be displaced and replaced among the white/blue collar work force.
Rubbish. Ai is the latest gimmick from US Inc to assure rightfully concerned investors in US debt.
I've seen this playbook before. It's not going to provide the gains from the increased productivity they claim.
Come on man, we've seen this playbook many times!
@@tastypymp1287 You've seen the playbook of the fourth industrial revolution? I guess that's what people born in 1850 said when they saw electricity demonstrated for the first time
@@brianborse3555 You're parroting marketing speak.
Thank you so much JW