The Money GPS

TOPICS AND TIMESTAMPS: Hmmm 0:00 Starting To Crack 0:15 The One Commodity 4:26 Domino Effect 5:55 China Inflation 11:10 Unemployment is at 3.6% so you would think the economy is healthy? Well what if I told you the real jobs data show it has begun to crack? The One Commodity That Won’t Stop Soaring | OilPrice.com https://oilprice.com/Energy/Energy-General/The-One-Commodity-That-Wont-Stop-Soaring.html Commodities Slump Is Set to Give India Relief From Inflation - Bloomberg https://www.bloomberg.com/news/articles/2022-07-09/commodities-slump-is-set-to-give-india-relief-from-inflation?srnd=premium-canada Why Developing Countries Are Facing a Debt Default Crisis - Bloomberg https://www.bloomberg.com/news/articles/2022-07-07/why-developing-countries-are-facing-a-debt-default-crisis?srnd=premium-canada Buy Now, Pay Later for NFTs: Bored Ape Yacht Club Buyers Can Now Use BNPL - Bloomberg https://www.bloomberg.com/news/articles/2022-07-08/buy-now-pay-later-for-nfts-bored-ape-yacht-club-buyers-can-now-use-bnpl?srnd=premium-canada Freshii’s ‘virtual cashiers’ make $3.75 an hour and have been called ‘outrageous’ — now the chain’s founder wants to go global | The Star https://www.thestar.com/business/2022/07/08/percy-the-virtual-cashier-founders-shrug-off-critics-and-plan-to-grow-start-up-into-a-multinational-company.html?utm_source=Twitter&utm_medium=SocialMedia&utm_campaign=Business&utm_content=freshiicashier&utm_source=twitter&source=torontostar&utm_medium=SocialMedia&utm_campaign=&utm_campaign_id=&utm_content= China’s Consumer Inflation Hits Two-Year High on Pork Rally - Bloomberg https://www.bloomberg.com/news/articles/2022-07-09/china-s-consumer-inflation-hits-two-year-high-on-pork-rally?srnd=premium-canada China's passenger vehicles see robust June retail sales -Xinhua https://english.news.cn/20220706/2577ddd811354753903a73b86171fb34/c.html 2022-07-08_05-32-22.jpg (1054×663) https://cms.zerohedge.com/s3/files/inline-images/2022-07-08_05-32-22.jpg?itok=S9qBIl6R Germany’s largest landlord to restrict heating at night https://www.thelocal.de/20220707/germanys-largest-landlord-to-restrict-heating-at-night/ unexplained jobs differential.jpg (925×566) https://cms.zerohedge.com/s3/files/inline-images/unexplained%20jobs%20differential.jpg?itok=tTefl-CB multiple jobs.jpg (1268×643)

TOPICS AND TIMESTAMPS: The Fall 0:00 Oil Sent Overseas 0:18 Biggest Impact on Poor 5:45 Fed Balance Sheet Shrinking 9:31 Ok, so hear me out: inflation that we’re seeing today is actually being made worse, and it’s hitting lower income people the hardest. Want to know why? Here’s Where Car Payments Cost More Than Rent in the US - Bloomberg https://www.bloomberg.com/news/articles/2022-07-06/here-s-where-car-payments-cost-more-than-rent-in-the-us?srnd=premium Dollar continues dream run, little stands in its way https://finance.yahoo.com/news/dollar-continues-dream-run-little-004030866.html Fed’s Waller Backs 75 Basis-Point Interest Rate Hike, Dismisses Recession Fears - Bloomberg https://www.bloomberg.com/news/articles/2022-07-07/fed-s-waller-backs-75-basis-point-hike-at-meeting-this-month?srnd=premium Fed Hawks Back 75 Basis-Point July Hike, Still See Soft Landing https://finance.yahoo.com/news/fed-waller-backs-75-basis-172823965.html Oil from U.S. reserves sent overseas as gasoline prices stay high | Reuters https://www.reuters.com/business/energy/oil-us-reserves-head-overseas-gasoline-prices-stay-high-2022-07-05/ Copper’s Slide Signals Mounting Recession Concern - WSJ https://www.wsj.com/articles/coppers-slide-signals-mounting-recession-concern-11657162793 US Recession Is Already Here, Wells Fargo Investment Institute Says - Bloomberg https://www.bloomberg.com/news/articles/2022-07-07/us-recession-is-here-according-to-wells-fargo-investment-group?srnd=premium Bloomberg - Bloomberg https://www.bloomberg.com/ High Power Costs Force US Industrials, Factories to Shut - Bloomberg https://www.bloomberg.com/news/articles/2022-07-07/high-power-costs-force-us-industrials-factories-to-shut?srnd=premium Assets: Total Assets: Total Assets (Less Eliminations from Consolidation): Wednesday Level (WALCL) | FRED | St. Louis Fed https://fred.stlouisfed.org/series/WALCL US Pandemic Checks Had No Lasting Impact on Poor, Study Shows - Bloomberg

TOPICS AND TIMESTAMPS: Slowdown 0:00 Eyes On the Fed 0:16 Economy Halting 4:19 Don’t Buy the Dip 8:31 What To Watch For 10:52 This is not a simple slowdown, this will be much more difficult. If you recognize the patterns in what I will show you today, you will be able to navigate and hopefully prosper. Sound good? Fed minutes June 2022 https://www.cnbc.com/2022/07/06/fed-minutes-june-2022.html https://bucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com/public/images/19dafc17-c851-45f1-b783-e41d8ca1e7c9_1000x477.jpeg (1000×477) https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F19dafc17-c851-45f1-b783-e41d8ca1e7c9_1000x477.jpeg recessions more frequent.jpg (721×426) https://cms.zerohedge.com/s3/files/inline-images/recessions%20more%20frequent.jpg?itok=pLdSd7OP private sector capital flows.jpg (1066×1000) https://cms.zerohedge.com/s3/files/inline-images/private%20sector%20capital%20flows.jpg?itok=fBGs9m2z Online Ad Slump Won’t Be a Blip for Google, Facebook, Others - WSJ https://www.wsj.com/articles/online-ad-slump-wont-be-a-blip-for-google-facebook-others-11657105381 Supermarkets put security tags on cheese blocks as stores tackle shoplifting amid soaring food costs https://www.msn.com/en-gb/news/uknews/supermarkets-put-security-tags-on-cheese-blocks-as-stores-tackle-shoplifting-amid-soaring-food-costs/ar-AAZeau2 Are widespread layoffs coming? How the pandemic has changed employers' recession strategy https://news.yahoo.com/widespread-layoffs-coming-pandemic-changed-120031683.html 2022-07-06_07-02-02.jpg (896×651) https://cms.zerohedge.com/s3/files/inline-images/2022-07-06_07-02-02.jpg?itok=3bqm6JXs UK new car sales: weakest June since 1996 | Auto Express https://www.autoexpress.co.uk/news/105893/uk-new-car-sales-weakest-june-1996 (1) Tom Hearden on Twitter: "$1 invested in $GE in Q4 1994 is worth $1 today https://t.co/OiJq02mghV" / Twitter https://twitter.com/followtheh/status/1544744863727591425 Petar Momchev on Twitter: "Druckenmiller: "I never use valuation to time the market. I use liquidity considerations and technical analysis for timing. Valuation only tells me how far the market can go once a catalyst enters the picture to change the market direction."" / Twitter https://twitter.com/momchev12/status/1544663585661616134?s=21&t=YodzU7XdulG7RnhrjvEXWQ Macau locks down landmark Lisboa hotel after COVID cases found | Reuters https://www.reuters.com/world/china/macau-locks-down-landmark-lisboa-hotel-after-covid-cases-found-2022-07-06/ Nothing on Horizon to Rival Dollar’s Status, Fed Study Finds https://finance.yahoo.com/news/nothing-horizon-rival-dollar-status-131852935.html Consumers Say 2022 Is the Worst Economy Ever - WSJ https://www.wsj.com/articles/consumers-say-2022-is-the-worst-economy-ever-11657103575 Are U.S. Gasoline Refiners Running Out Of Steam? | OilPrice.com https://oilprice.com/Energy/Crude-Oil/Are-US-Gasoline-Refiners-Running-Out-Of-Steam.html Europe Forced To Pay Even Higher Prices To Fill Gas Storage | ZeroHedge https://www.zerohedge.com/commodities/europe-forced-pay-even-higher-prices-fill-gas-storage BW-STATES_Sp22.jpg (1152×1548)

TOPICS AND TIMESTAMPS: Recession 0:00 Falling Currencies 0:20 Oil Tumbles 3:35 Recession Deflation 8:06 Weak Economy 12:12 Solutions 14:32 -The Money GPS Main Point, Nutshell -If you stick with me through this whole video I will show you why this recession could be more brutal, and longer than any you have lived through. Then I will tell you steps you can take to mitigate the problems. -Fed hiking into a recession. Employment looking good. Room to move -Holding more cash than appropriate particularly if in non USA. Trim losers on bounces. Invest in yourself right now, knowledge, preparation. Euro slides to 20-year low against the dollar as recession fears build https://www.cnbc.com/2022/07/05/euro-slides-to-20-year-low-against-the-dollar-as-recession-fears-build.html US Recession Fear Puts Dollar on Course for Biggest Gain Since 2020 - Bloomberg https://www.bloomberg.com/news/articles/2022-07-05/recession-fear-puts-dollar-on-course-for-biggest-gain-since-2020?srnd=premium-canada 2022-07-05_08-02-12.jpg (917×623) https://cms.zerohedge.com/s3/files/inline-images/2022-07-05_08-02-12.jpg?itok=kS1Z3wHZ EURUSD 2022-07-05_7-34-14.jpg (1273×665) https://cms.zerohedge.com/s3/files/inline-images/EURUSD%202022-07-05_7-34-14.jpg?itok=_snp7U8d Oil tumbles as much as 10%, breaks below $100 as recession fears mount https://www.cnbc.com/2022/07/05/oil-tumbles-more-than-8percent-breaks-below-100-as-recession-fears-mount.html 2022-07-05_08-11-09.jpg (912×622) https://cms.zerohedge.com/s3/files/inline-images/2022-07-05_08-11-09.jpg?itok=m6gm0Lfx The Global Energy Crisis Just Got Even Worse. Here's Why - Bloomberg https://www.bloomberg.com/news/articles/2022-07-05/the-global-energy-crisis-just-got-even-worse-here-s-why?srnd=premium-canada ttf july 5.jpg (1272×662) https://cms.zerohedge.com/s3/files/inline-images/ttf%20july%205.jpg?itok=6sklUf_A

TOPICS AND TIMESTAMPS: Recession 0:00 Inflation or Recession 0:22 Recession Repeat? 6:24 Economy Down 8:14 Getting Expensive 11:06 Solutions 14:44 No more whispers: Recession talk surges in Washington - POLITICO https://www.politico.com/news/2022/07/04/recession-talk-surges-in-washington-00043818 Biden China Tariffs: President Nearing Rollback of Some Duties to Curb Inflation - Bloomberg https://www.bloomberg.com/news/articles/2022-07-04/biden-close-to-rollback-of-china-tariffs-to-fight-inflation?srnd=premium Inflation Expectations Hit Record in Bank of Canada Surveys - Bloomberg https://www.bloomberg.com/news/articles/2022-07-04/bank-of-canada-says-near-term-inflation-expectations-hit-record What Will the Next Recession Look Like? Long and Painful - Bloomberg https://www.bloomberg.com/news/articles/2022-07-03/long-moderate-and-painful-what-next-us-recession-may-look-like George-Costanza-eating-burger-600x315.jpg (600×315) https://cdn.mamamia.com.au/wp/wp-content/uploads/2016/06/17134620/George-Costanza-eating-burger-600x315.jpg global recession nomura.jpg (888×441) https://cms.zerohedge.com/s3/files/inline-images/global%20recession%20nomura.jpg?itok=FIyAeQyw No experience, no resume, you're hired! Hotels fight for staff | Reuters https://www.reuters.com/world/europe/no-experience-no-resume-youre-hired-hotels-fight-staff-2022-07-04/ Vital TSMC Supplier Warns of Chip Material Price Hikes Into 2023 - Bloomberg https://www.bloomberg.com/news/articles/2022-07-04/vital-tsmc-supplier-warns-of-chip-material-price-hikes-into-2023?srnd=premium Chipmakers’ Struggles Have Wall Street Worried About a Recession - Bloomberg https://www.bloomberg.com/news/articles/2022-07-01/chipmakers-struggles-have-wall-street-worried-about-a-recession?srnd=premium EU Imports More U.S. LNG Than Russian Pipeline Gas For The First Time Ever | OilPrice.com https://oilprice.com/Energy/Natural-Gas/EU-Imports-More-US-LNG-Than-Russian-Pipeline-Gas-For-The-First-Time-Ever.html Uniper in Talks Over Bailout Package to Plug $9.4 Billion Hole - Bloomberg https://www.bloomberg.com/news/articles/2022-07-04/uniper-in-talks-over-bailout-package-to-plug-9-4-billion-hole?sref=6uww027M

TOPICS AND TIMESTAMPS: The Cycle 0:00 $700 Car Payment 0:27 Inflation Situation 4:58 Real Estate 6:58 The 60/40 Portfolio 9:55 Monthly car payments have crossed a record $700. What that means : NPR https://www.npr.org/2022/07/02/1109105779/monthly-car-payments-record-700 New-Vehicle Affordability Declines Again in May, Typical Monthly Payment Hits New Record of $712 - Cox Automotive Inc. https://www.coxautoinc.com/market-insights/may-2022-vai/ May-2022-Cox-Automotive-Moodys-Analytics-VAI-chart.jpg (5350×3129) https://www.coxautoinc.com/wp-content/uploads/2022/06/May-2022-Cox-Automotive-Moodys-Analytics-VAI-chart.jpg fig 4 msa.jpg (578×485) https://cms.zerohedge.com/s3/files/inline-images/fig%204%20msa.jpg?itok=wSTdqbrZ IEA: Global Nuclear Capacity Needs To Double To Meet Net-Zero Goals | OilPrice.com https://oilprice.com/Energy/Energy-General/IEA-Global-Nuclear-Capacity-Needs-To-Double-To-Meet-Net-Zero-Goals.html National Survey Finds 83% of Consumers are Cutting Back on Personal Spending, Travel Due to Inflation https://www.provident.bank/press-releases/national-survey-finds-83-of-consumers-are-cutting-back-on-personal-spending-travel-due-to-inflation interest-rate-hikes-vs-inflation-1.jpg (1200×1048) https://www.visualcapitalist.com/wp-content/uploads/2022/06/interest-rate-hikes-vs-inflation-1.jpg Will Home Prices Fall? Sudden Housing Turn Has Sellers Paring Expectations - Bloomberg https://www.bloomberg.com/news/articles/2022-07-01/will-home-prices-fall-sudden-housing-turn-has-sellers-paring-expectations#:~:text=The%20rapid%20rise%20in%20mortgage,homes%20in%20Las%20Vegas%2C%20Nevada. 2022-06-30_09-45-27.png (855×575) https://cms.zerohedge.com/s3/files/inline-images/2022-06-30_09-45-27.png?itok=mo5RP61d UK Told Poorest Are ‘Brutally Exposed’ to Cost of Living Crisis - Bloomberg https://www.bloomberg.com/news/articles/2022-07-03/uk-told-poorest-are-brutally-exposed-to-cost-of-living-crisis#:~:text=The%20poorest%20families%20in%20the,stagnation%2C%20the%20Resolution%20Foundation%20warned. Bond Holders Look to Recession for Salvation After Vicious Half - Bloomberg https://www.bloomberg.com/news/articles/2022-07-02/bond-holders-look-to-recession-for-salvation-after-vicious-half?srnd=premium-canada Amazon cancels, delays wave of planned warehouses - FreightWaves https://www.freightwaves.com/news/amazon-cancels-or-delays-plans-for-at-least-16-warehouses-this-year?utm_content=213572964&utm_medium=social&utm_source=facebook&hss_channel=fbp-179175252108775

TOPICS AND TIMESTAMPS: Recession 0:00 Consumer Goes Down 0:33 Cash Is Trash 4:38 Russia Stopping Food Exports 10:35 Americans Are Buying Cheaper Meat, Slashing Subscriptions: Report https://www.businessinsider.com/inflation-cheaper-meat-slashing-subscriptions-new-york-times-report-2022-6 Cooling Demand for Goods Threatens to Turn Pandemic Boom Into Bust - WSJ https://www.wsj.com/articles/cooling-demand-for-goods-threatens-to-turn-pandemic-boom-into-bust-11656674342 The Worst Stock Selloff In Half a Century Might Not Be Done Yet https://finance.yahoo.com/news/worst-stock-selloff-half-century-090513988.html Startups to Face ‘Hard Times’ After Market’s Plunge, Gao Says - Bloomberg https://www.bloomberg.com/news/articles/2022-07-01/startups-to-face-hard-times-after-market-s-plunge-gao-says?srnd=premium-canada Russia to export agricultural products to ‘friendly countries’ only — RT Business News https://www.rt.com/business/557260-russia-agricultural-products-friendly-countries/ Revisiting Ukraine, Russia, and Agricultural Commodity Markets • farmdoc daily https://farmdocdaily.illinois.edu/2022/02/revisiting-ukraine-russia-and-agricultural-commodity-markets.html wheatshrt.jpg (1020×1004) https://cms.zerohedge.com/s3/files/inline-images/wheatshrt.jpg?itok=YiJhLG0K Metals meltdown: Fears of a global slowdown see prices tumbling | The Financial Express https://www.financialexpress.com/industry/metals-meltdown-fears-of-a-global-slowdown-see-prices-tumbling/2573544/ unnamed (12)_86.png (974×535) https://cms.zerohedge.com/s3/files/inline-images/unnamed%20%2812%29_86.png?itok=DzD3VJmb unnamed_502.png (1280×844) https://cms.zerohedge.com/s3/files/inline-images/unnamed_502.png?itok=MPJsbDlC unnamed (4)_413.png (635×362)

TOPICS AND TIMESTAMPS: What’s First? 0:00 Winners and Losers 0:21 Economic Perfect Storm 5:53 Pay Close Attention 13:41 Pedal Off the Metal? 14:46

TOPICS AND TIMESTAMPS: Only One 0:00 This Is Everything 0:23 Michael Burry 3:04 Deflation 4:01 Fed Repo Insanity 9:27 2022-06-30_11-41-25.jpg (1082×694) https://cms.zerohedge.com/s3/files/inline-images/2022-06-30_11-41-25.jpg?itok=mDls71K- Recession fear could become a self-fulfilling prophecy https://www.axios.com/2022/06/30/recession-inflation-economy-jobs-fed-wall-street GDPNow - Federal Reserve Bank of Atlanta https://www.atlantafed.org/cqer/research/gdpnow.aspx Stocks fall, S&P 500 posts worst first half in decades https://www.cnbc.com/2022/06/29/stock-market-futures-open-to-close-news.html (1) Cassandra B.C. on Twitter: "Adjusted for inflation, 2022 first half S&P 500 down 25-26%, and Nasdaq down 34-35%, Bitcoin down 64-65%. That was multiple compression. Next up, earnings compression. So, maybe halfway there." / Twitter https://twitter.com/michaeljburry/status/1542603312867905538?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1542603312867905538%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.bloomberg.com%2Fnews%2Farticles%2F2022-06-30%2Fscion-s-burry-thinks-we-may-be-about-halfway-through-market-fall Can I Buy a House? More Properties Listed in Supply-Starved Market - Bloomberg https://www.bloomberg.com/news/articles/2022-06-30/home-listings-surge-in-turnabout-for-supply-starved-us-market Fed’s preferred inflation measure rose 4.7% in May, around multi-decade highs https://www.cnbc.com/2022/06/30/feds-preferred-inflation-measure-rose-4point7percent-in-may-near-40-year-high.html 4351943_0d490d55d76d78d9a334267e4d0438d2_jpegff3a024f48afe714f6fcd9e99eda63b5 (597×763) https://www.nairaland.com/attachments/4351943_0d490d55d76d78d9a334267e4d0438d2_jpegff3a024f48afe714f6fcd9e99eda63b5 2022-06-30_08-01-16.jpg (1083×714) https://cms.zerohedge.com/s3/files/inline-images/2022-06-30_08-01-16.jpg?itok=Dm-S3i1G 2022-06-30_08-06-54.jpg (942×618) https://cms.zerohedge.com/s3/files/inline-images/2022-06-30_08-06-54.jpg?itok=47GR44Yu 2022-06-30_12-12-30.jpg (1081×715) https://cms.zerohedge.com/s3/files/inline-images/2022-06-30_12-12-30.jpg?itok=BnNI349R 2022-06-30_12-07-55.jpg (1084×711) https://cms.zerohedge.com/s3/files/inline-images/2022-06-30_12-07-55.jpg?itok=pfrnvmwo Can I Buy a House? More Properties Listed in Supply-Starved Market - Bloomberg https://www.bloomberg.com/news/articles/2022-06-30/home-listings-surge-in-turnabout-for-supply-starved-us-market

TOPICS AND TIMESTAMPS: Here We Go 0:00 Recession Indications 0:17 Consumer Weakness 6:17 US Dollar Smashed 10:02 +11.5% rise above the minimum level over the previous year provides the most accurate and timely signal of recession risks since the data becomes available in the 1960s. It works for each recession and normally leads by around 2 months. Final Q1 GDP -1.6%; What's in Store for Q2? | Nasdaq https://www.nasdaq.com/articles/final-q1-gdp-1.6-whats-in-store-for-q2 2022-06-29_05-36-37.jpg (959×687) https://cms.zerohedge.com/s3/files/inline-images/2022-06-29_05-36-37.jpg?itok=EYzjEbgr jobless claims recession indicator.jpg (706×409) https://cms.zerohedge.com/s3/files/inline-images/jobless%20claims%20recession%20indicator.jpg?itok=n8huYWP5 jobless claims 2.jpg (705×387) https://cms.zerohedge.com/s3/files/inline-images/jobless%20claims%202.jpg?itok=Bgvj3rf6 Michael Burry Archive (@BurryArchive) / Twitter https://twitter.com/BurryArchive/status/1541967656680673280/photo/1 Inflationary concerns outweigh expected income growth | University of Michigan News https://news.umich.edu/inflationary-concerns-outweigh-expected-income-growth/ As Prices Skyrocket, Coupons Are Harder to Find Than Ever – DNyuz https://dnyuz.com/2022/06/29/as-prices-skyrocket-coupons-are-harder-to-find-than-ever/ 2022-06-29_06-37-58.jpg (1280×792) https://cms.zerohedge.com/s3/files/inline-images/2022-06-29_06-37-58.jpg?itok=9obZGg6y Canada Inflation Rate Drives Consumer Confidence to Crisis-Era Lows - Bloomberg https://www.bloomberg.com/news/articles/2022-06-27/inflation-drives-canadian-consumer-confidence-to-crisis-era-lows?srnd=premium-canada 93% of Working Americans Have A Side Hustle in 2022 https://www.insuranks.com/side-hustles-2022 2022 Business Leaders Outlook https://www.jpmorgan.com/content/dam/jpm/commercial-banking/insights/leadership/global-blo-full-report-final-ada.pdf EXCLUSIVE India's top cement maker paying