Financial Sense Newshour for Storm Watch
Satyajit Das: The Middle Kingdom Will Follow the Middle Way – Neither Hard Nor Soft Landing in China
There Are Many Similarities to the US Financial Crisis
Jim welcomes back Satyajit Das, author, journalist and commentator at EconoMonitor. Das and Jim cover the economic situation in China, which Das believes has exhibited many similarities to the US Financial Crisis of 2008. He notes that it now takes $4-$5 of debt to create $1 of GDP in China.
Jim Rickards on The Death of Money: The Coming Collapse of the International Monetary System
Jim Puplava’s Big Picture: The Looming Death of Money – What to do Now
Jim welcomes special guest Jim Rickards, acclaimed author of Currency Wars, to discuss his NY Times bestseller, The Death of Money: The Coming Collapse of the International Monetary System. In part one of a two-part interview, they discuss a number of aspects of the book, including that the international monetary system has collapsed three times in the past hundred years, in 1914, 1939, and 1971.
Technician Louise Yamada: 2014 Will Be a Bumpy Ride For Investors – Stay Alert
Also, Ryan Puplava, Erik Townsend and Rob Bernard
Jim welcomes back Louise Yamada CMT, Managing Director of Louise Yamada Technical Research Advisors. Louise believes that we’re experiencing a market consolidation, not a top. She sees the February lows as key support levels for the markets. However, Louise noted that investors need to stay alert, as she expects a bumpy ride this year in the markets.
Jim Puplava’s Big Picture: Mixed Messages – Crash, Correction or Recession?
Also, “Goodwill Hunting - Playing the Earnings Game” and “Shareholder Value – How to Get Rich Slowly”
In Jim’s first Big Picture topic this week, Jim and John look at the recent market correction and discusses if we are headed for trouble, and what is behind this year’s choppiness in the markets. Jim sees much of it due to Fed policy and discusses the market’s reaction to Janet Yellen, as the Fed continues to taper.
Technician Shelley Moen: Ignore All the Noise – Focus on Quality Stocks
Also, Ryan Puplava, Erik Townsend and Tom Smith
Jim welcomes back Shelley Moen CMT, Senior Market Strategist at Vermilion Technical Research, LLC. Shelley notes that market jitters are not unusual during earnings season, and it’s certainly not unusual to see market pull-backs after strong years in 2012 and 2013.
Evelyn Browning Garriss: High Probability of an El Niño Event – Good News for Farmers and Californians
Volatile Spring Weather Conditions Ahead
Jim welcomes back Evelyn Browning Garriss, Editor of The Browning Newsletter. Evelyn discusses the chances of Central and Eastern North America having a cool, delayed planting season as well as the likelihood of a benign El Niño growing season.
Kim Wallace: Washington Policy Beginning to Recede as an Influence on the Market
Washington Will Be in the Health Care Reform Business for the Next Decade
Jim welcomes back Kim Wallace, Executive Managing Director and Partner at Renaissance Macro Research. Kim is responsible for Washington policy research. Kim and Jim discuss the lessening influence of Washington policy on the markets, as the economy grows more capable of standing on its own.
John Butler: China’s Economy Losing Its Competitive Edge
The Era of Cheap Chinese Imports Is Over
Jim welcomes back John Butler, Managing Partner and Chief Investment Officer at Amphora Commodities Alpha Fund in London. John and Jim cover a variety of topics including why China is no longer the competitive economy it once was. John believes the era of cheap...
Mike Lofgren: Anatomy of the Deep State – The Shadow US Government
The State Within a State Is Hiding in Plain Sight
Jim welcomes Mike Lofgren, a retired staff member of the U.S. Senate Budget Committee who served 28 years as a staff member in the U.S. Congress. Mike’s primary focus was on national security budgets. Since retirement, Lofgren has written about politics, budgets, and national security issues.
Puru Saxena: China’s Real Estate Market at Extreme Bubble Valuations
China’s Real Estate Bubble Is 10 Times Worse Than the US Real Estate Bubble
Jim welcomes back Puru Saxena, founder of Puru Saxena Limited in Hong Kong, and publisher of Money Matters, his monthly economic report. Puru and Jim discuss the massive bubble in Chinese real estate valuations, which includes Hong Kong.
JKC de Courcy: Russia Not the Real Geopolitical Threat - It’s China
US Weakness Pushing Japan, Israel and India to Become More Assertive
Jim welcomes back JKC de Courcy, Chief Executive at Intelligence Research Ltd in London. JKC and Jim discuss the Crimea situation and other global hotspots. JKC doesn’t see Russia on the verge of a new Cold War, as it lacks the economic and military resources.
Alex Daley: Bitcoin Needs Serious Work – Buyer Beware
All Computer Systems Are Vulnerable to Attack – Including the Security for Bitcoin
Jim welcomes back Alex Daley, Senior Editor of Casey’s Extraordinary Technology. The topic today is Bitcoin. While Alex cheers for the Bitcoin movement, he points out that Bitcoin needs serious work if it is to survive long term. He notes that it lacks community governance, certification, accountability, regulatory tension, and insurance.
Jim Puplava’s Big Picture: LEI’s Dropping – Danger Ahead?
Also, “Heads Up – What Could Go Wrong?” and “A Tale of Two Commodities – Stagflation or Deflation?”
In Jim’s first Big Picture topic this week, “LEI’s Dropping – danger ahead?” he looks at what the Leading Economic Indicators may be telling us. Last summer the LEI’s turned up and the markets and the economy followed. Lately, the LEI’s have been dropping. Jim discusses possible reasons, such as bad weather and Obamacare. Jim also discusses what to watch for in the markets if the LEI’s are indeed forecasting something more serious ahead.
Don Coxe: Droughts, Floods and Putin - Why Your Food Bills Are Going Up
Tensions Rising in Asia – China Could Become Aggressive
Jim welcomes back Don Coxe, Chairman of Coxe Advisors LLP. Don has more than 39 years of institutional investment experience in Canada and the US. Don and Jim discuss how weather and political events in Brazil, California and Ukraine have combined to affect agriculture and food prices.
Jim Puplava’s Big Picture: Adapt or Die – Market Darwinism
Also on the Big Picture: A Tale of Two C’s – Crimea & California
This week on the Big Picture, Jim’s first topic is “Adapt or Die – Market Darwinism”. He discusses how we are living in different times and that the world is changing. He points out how Gary Shilling and David Rosenberg have both had to adapt their thinking to changing conditions.
Marc Chandler: Ukraine-Crimea Situation More Bluster and Hype Than Geopolitical Threat
US Banks Not Exposed to Russia
Jim welcomes Marc Chandler, Author and Global Head of Currency Strategy at Brown Brothers Harriman. Marc makes the point that Vladimir Putin is no more than a Russian Nationalist who was provoked into taking action on his border.
Rick Santelli: Expect Market Volatility This Year More Like 2012 – Risk-On / Risk-Off
Stock Market Game Still On, But Will Get More Selective
Jim welcomes back Rick Santelli, On-Air Editor at CNBC. Rick and Jim discuss why Treasury yields have come down since the beginning of the year as traders have moved to a risk-off strategy. Rick notes that Janet Yellen will be data-dependent at the Fed, and that the economic data are weakening.
Dr. Peter Warburton: Disinflationary Trend Continuing - But Fed’s QE Policy Ultimately Leads to Higher Inflation
Two Years of Favorable Supply Shocks in Energy and Agriculture Have Benefited Consumers
Jim welcomes back Dr. Peter Warburton, Director of Economic Perspectives Ltd in London. Peter still sees too much complacency about government deficits, but believes US consumers have benefited from two years of favorable supply shocks in food and energy.
Evelyn Browning Garriss: Wild Weather – Record Cold in Midwest and East; Historic Drought in California
California Is Experiencing the Driest Weather in a Century. When Will the Severe Weather Ease Up?
Jim welcomes back Evelyn Browning Garriss, Editor of The Browning Newsletter. Jim and Evelyn discuss the unprecedented frigid weather across the Midwest and East of the US, brought down from Canada by the now infamous Polar Vortex.
JKC de Courcy: Trouble Brewing in the East China Sea – Few Are Paying Attention
China Getting More Aggressive on Territorial Claims
Jim welcomes back JKC de Courcy, Chief Executive at Intelligence Research Ltd in London and Editor of Courcy’s Intelligence Brief. JKC and Jim cover the world’s hotspots, particularly the Middle East and the South and East China Seas.
Market volatility and the breakdown of fundamental and technical indicators are only a few signs. There are others which are more subtle and not visible to the human eye—below the surface. They show up in bear-o-metric readings of the nation's money supply, credit expansion and the breakdown of corporate earnings. With all of these readings, we know that a storm is coming. The question is: "What kind will it be?"
—Jim Puplava, The Perfect Financial Storm Part 3