The video discusses the expected earnings season, which is expected to be very bad. The analyst recommends patience and caution when investing, emphasizing the importance of balancing rebalancing, cutting losers, and investing in high-growth areas.
00:00:00 The author provides a brief overview of the current earnings season and the likely implications for the stock market. He also discusses the labor market report, noting that while it is good news overall, it does not mean the Fed will ease up their tightening policy.
00:05:00 The video discusses the global economic crisis and how it will continue to worsen, with the Federal Reserve tightening interest rates in an attempt to slow the economy. It also discusses how giving people free stuff doesn't solve the problem of why these leaders stay in power, as they are still able to get rich while the average person becomes poorer.
00:10:00 The video discusses the potential for very bad earnings season, and how the Federal Reserve's interest rate decisions may have played a role in the Great Depression. It also discusses the importance of measuring inflation properly, and how the Baby Boomers may have contributed to current low inflation rates.
00:15:00 The author argues that the current economic conditions are going to be very bad, with CPI inflation potentially exceeding 8%. He also points out that the current housing market is inflated and that the recent policy decisions to lockdown people and cut oil supplies will only make the situation worse.
00:20:00 The author of the video argues that the upcoming earnings season will be very bad, primarily because of the global economy's negative impact on oil prices. He also predicts that the birth death ratio will be one of the dumbest ways to calculate job growth, and that the unemployment rate will not be accurate because of the increasing number of underground jobs.
00:25:00 The video discusses the notion that market conditions are changing and that this could impact earnings. It also discusses how a high jump champion could claim to be the high jump champion, even though they have not jumped over the bar yet.
00:30:00 The video discusses how earnings season will be very bad, with many companies reporting negative earnings. Some companies, such as Snowflake and Uber, have been very profitable, but others, such as Square and Rivian, have been very unprofitable. The video also mentions Tesla, which owes more than it could ever create in dollars, and suggests that now may be a good time to invest in risky assets, as the economy is deep into recession.
00:35:00 The video discusses the expected earnings season, which is expected to be very bad. The analyst recommends patience and caution when investing, emphasizing the importance of balancing rebalancing, cutting losers, and investing in high-growth areas.
00:40:00 The video discusses how the Bank of England's bailout of British pension funds may lead to problems in the future, as rates fall and investments become more volatile. The author offers advice on how to avoid this by levering and derivatives, which will provide "leverage through derivatives no fee to you no cost to you."
00:45:00 In the video, Mark Yusko discusses how he thinks the upcoming earnings season will be very bad. He notes that the UK isn't the world's Earth currency anymore, which means that the Bank of England can't borrow endlessly. He also points out that the British bond market is devaluing to dollars, meaning that British pounds will lose value. He warns viewers about the potential for short squeezes in various markets, and advises investment only when things go on sale. Finally, he recommends that people invest in gold and Bitcoin, as they are likely to be better investments in a recession.