Hey everyone and thanks for jumping back into the heavy metal verse. Today we're going to talk about gold dubious speculation. If you guys like the content, make sure you subscribe to the channel, give the video a thumbs up, and check out into the cryptoverse premium at into the cryptoverse.com. You can use the code ITC50 to get 50% off at checkout. I did want to mention I did publish a new report uh in case you missed it just a couple of days ago or really yesterday.And if you want to go read it, we talk a ...

Hey everyone and thanks for jumping back into the heavy metal verse. Today we're going to talk about gold. Dubious speculation.If you guys like the content, make sure you subscribe to the channel, give the video a thumbs up, and check out into the cryptoverse premium at into the cryptoverse. com. Also, be sure to check out my new website at bjaminckcowan.com. Gold continues to see a pullback off of the recent highs. Historically, when silver hits a euphoric top, which is arguably what just happened, right. ...

The Fed finalized hypothetical scenarios for its stress test, which gauge how Wall Street banks would fare under a potential recession https://t.co/tlbLj09IHG ...

Are Meta and Google ads really recession-proof? https://t.co/fDRGHLhZL4 ...

Ray Dalio warns this isn't just about recession anymore. The entire monetary order is breaking down.He's watching debt levels, tariffs, and rising powers challenge the existing system, just like the 1930s.If handled poorly, this could spiral into something far worse than economic decline. ...

Economic Outlook - The speaker acknowledges recessions are inevitable, and the Fed's role is to mitigate them [1] - The speaker doesn't foresee a recession in the near term, partly because of policy rate adjustments [2] - Adjusting policy rates downward is crucial to counter the risk of rising recessions [3] Labor Market Analysis - The rise in the unemployment rate is a concern, as it has historically preceded recessions [1][2] - The speaker is assessing the risk of a near-term recession based on the labor market [2] Monetary Policy - Policy needs to adjust downward to reflect the downward shift in the neutral rate [3] - Continuing to adjust interest rates is important to prevent recession [3] Economic Shocks - Various shocks, including changes to population growth rate due to border policy changes, have pushed the neutral rate down [3]

Monetary Policy - US Federal Reserve risks triggering a recession if it doesn't continue lowering interest rates next year [1]

Market Overview - Markets were mixed, with the Nasdaq rising by +0.23% due to positive news from Tesla, while the Dow, S&P 500, and Russell 2000 declined by -0.62%, -0.24%, and -0.45% respectively [1] - The U.S. jobs report showed a net gain of +64K jobs in November, recovering from an October loss of -105K jobs, contributing to concerns about economic stability [2] Retail Sales and Economic Indicators - Retail Sales for October remained unchanged at 0.0%, missing expectations of a +0.1% increase, while ex-auto sales rose by +0.4% [3][4] - The S&P flash Services PMI for December was reported at 52.9, down from 54.1, and Manufacturing PMI dropped to 51.8 from 52.2, but both remain above the growth threshold of 50 [5] Oil Market Dynamics - Global crude oil prices are nearing five-year lows, with West Texas crude trading at $55 per barrel, marking ten consecutive days below $60, which may help keep inflation low but negatively impacts companies like Phillips 66, which saw a nearly -7% drop [6] Company Performance: Lennar Home - Lennar Home reported Q4 earnings, missing bottom-line expectations due to a one-time charge of $156 million, with earnings of $1.93 per share and revenues of $9.37 billion, surpassing the consensus of $9.13 billion [7] - New orders for Lennar Home decreased by +18% year-over-year, indicating challenges in the overall market, with expectations for new deliveries falling below analyst estimates [8][9]

We're living truly in a K-shaped economy and and what is happening in that lower part of the K actually focusing and not figuring out solutions around it is probably one place where there should be a lot more focus. >> Do you think a recession in uh a big piece of the economy. uh parts of it are recessionary.You know, when you have nine months of PMI numbers, producer manufacturing numbers negative in the United States, that tells you manufacturing is recessionary today, last 9 months, right. But but I but ...

Macroeconomic Outlook - Treasury Secretary 不预测明年会出现经济衰退，但承认增长存在一些薄弱环节 [1] - 住房市场表现挣扎，对利率敏感的行业已经出现衰退 [2] - 政府停摆对经济不利，但对 2026 年经济前景非常乐观 [2] Aviation Industry - 美国航空公司预测感恩节假期旅行人数将创纪录，预计超过 3100 万人次 [3][4] - 感恩节后周日预计将是最繁忙的一天，预计有 340 万人次出行，占比 10.97% [4] Financial Sector & Cybersecurity - FBI 正在调查最近针对房地产贷款技术供应商 AMC 的银行网络攻击事件，摩根大通、花旗和摩根士丹利是其客户 [4] - 各公司于 11 月 12 日得知了此次漏洞，目前已得到控制 [5] Mergers & Acquisitions - Anglo-American 拒绝了 BHP 的最新收购要约，倾向于竞争对手的收购，这将创建一个价值近 600 亿美元的铜业巨头 [5] Retail Industry - Kohl's 将任命其临时 CEO Michael Bender 为永久 CEO [6] Entertainment Industry - 环球影业的《魔法坏女巫》首周末国内票房收入估计为 1.5 亿美元 [6] - 《魔法坏女巫》成为今年首周末票房第二高的电影，仅次于《我的世界》电影 [7]