Storm Clouds Gather Over The Bull Market-Podcast 665

We don’t see the storm building over the markets. Distractions. Shiny things that draw the eye and ear. A war of words between a North Korean dictator and the president. Kneeling football players and the Tweeter In Chief. Meanwhile, the long expansion in the markets may be about to end. A heads up for you on how and why in Storm Clouds Gather Over The Bull Market-Podcast 665.

Watch The Shiny Thing

We don’t look beyond the distractions in the media to see what they conceal. No amount of pointing and saying ‘look’ is going to change it. We have not had a serious market or financial crisis since 2008. Our economy has been on life support ever since. Now the DNR order has been signed. Find out why in Storm Clouds Gather Over The Bull Market-Podcast 665.

Market Shocks Have Political Consequences

Remember 2008? The market crashed. The banking system was going to seize up, they said. A republican administration suddenly bailed out the banks, insurance companies and big car companies. The shock changed politics. A new administration came in, in 2009. New banking regulations, more government spending and a very large stimulus package was passed by congress.

Hey! What Happened To The Punch Bowl?

The Federal Reserve, bank of last resort, began a program called Quantitative Easing in 2009. Over the next eight years the FED added trillions of dollars to its balance sheet as it ‘injected’ money into the US economy. QE one, two three and four indirectly supported the stock market through the purchase of hundreds of billions of dollars worth of securities. What happens when they take that away?

Pay Attention

So this is a simple heads up that it might be time to start paying attention. While we’re talking about things that don’t matter they are doing things that do. That storm roiling to the west, might be rolling in anytime. In Storm Clouds Gather Over The Bull Market-Podcast 665.

Sponsored by Brush Studio In The West End Saint Louis Park, and by Ryan Plumbing and Heating in Saint Paul.

Storm Clouds Gather Over The Bull Market-Podcast 665

 

 

 

Podcast 305

Comcast Customer Service Sucks. Close out the week with a podcast down in the bunker by the wood stove. A consumer advocate blogger breaks another national story about how bad Comcast’s customer service is. When a woman tried to cancel her cable service, the company allegedly refused to allow to her do so, and sent a late bill notice in which the customer’s name was changed from ‘Ricardo Brown’ to ‘A**hole Brown’. The story was picked up by CNNMoney and the rest of the mainstream media, and now Comcast has once again apologized. “It might take more than a few years for us to get our customer service straightened out” says a company spokesperson, or something like that. How are business models that seemed so great five, ten or twenty years ago looking more and more tarnished? What is the future of television, and cable delivered television. If Comcast is any example of how the industry operates, hopefully there is no future. Former Reagan OMB director David Stockman is on the warpath again, this time saying the Federal Reserve’s Quantitative Easing program is exclusively responsible for making people in the top 5 percent income bracket in the US richer. How is this era different from other ‘income inequality’ periods in US History. Does the Cocaine boom in Miami in the early 80’s prove, when business generates money (as opposed to central banks) everyone benefits? Meanwhile, the fastest growing business in the United States isn’t an industrial company or even technology, it’s legal Marijuana sales. Legal weed sales grew 74 percent in one year. Breaking news! The Obama Administration is telling banks to keep quiet about regulations targeted against gun owners and gun stores. More breaking news! More Americans are putting their cash in the mattress. Does that surprise you? And, the Minneapolis Tribune finds yet another negative story about North Dakota. Sponsored by Depotstar

Podcast 303

Podcast Consciousness. Live from the Kitchen! After a string of podcasts discussing intense topics, from economics through to participation in politics translating to political power, it’s time for a podcast consciousness podcast. How I do what I do, and how it drives me crazy sometimes. Well, maybe all the time. In searching for podcast topics, I spent some time tonight cleaning out my ‘stacks’ of news stories on foreign affairs, business, politics, local and all kinds of other topics, and found a lot of stories that never made it to ‘air’. Part of the reason for that is the effort to winnow all this day to day news writing down to some key points people can use to understand what I think is going on in the world, but the podcaster can miss the opportunity to just talk about stories that are interesting (to him). Maybe it’s winter. Maybe its cabin fever. Something’s going on below the surface though … perhaps a quest for adventure … maybe a road trip coming up … There is a restlessness rising up from the depths right now. Good time to talk about it. Plus the latest economic fairytales from the financial media, and what to look for down the road on that front. Sponsored by Baklund R &D

Podcast 76

Lots of new economic news coming out. Many of the pundits and news outlets that predicted an economic slow down as the result of the government ‘shut down’ were shocked when the economy reportedly grew 2.8 percent, and unemployment continues to decrease. What IS going on with the economy? It’s been one of the themes, lately, on the Bob Davis Podcasts to avoid telling you what to think. I try to ask the right questions and detail some of the information I collect on a day to day basis, in the hope that it helps you figure things out. While everyone’s concerned about the Federal Reserve creating INflation, could it be they are creating DEflation? What would that mean for us? Sponsored by Baklund R&D, the problem solvers! www.baklund.com.