Jim Puplava’s Big Picture: When Will Janet Blink?
Also on the Big Picture, “The Macro Conundrum” and “Managing Money in This Environment”
Erik Townsend and Chris Puplava co-host this week in a special edition of the Big Picture. The first topic is “When will Janet Blink?”, refers to new Fed Chair Janet Yellen, and if she will stay the course in taking the Fed’s tapering program back to zero stimulus. Erik contends that it’s impossible to trade or invest using conventional wisdom in this environment, and only elite insiders know in advance what to expect from the Fed. The next topic is “The Macro Conundrum”, in which Erik and Chris discuss the conundrum of a new structural bull market despite the out-of-control national debt and unsustainable entitlement system that is expanding markedly. They look at how this is possible, and how it may be resolved in the coming years. The third topic is “Managing Money in this Environment”. They discuss the difficulty of investing in an environment of Financial Repression and the importance of being aware of long-term macro themes in developing an investment strategy.