Adam Taggart's Thoughtful Money®

Adam Taggart's Thoughtful Money®

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Adam Taggart's Thoughtful Money®
Adam Taggart's Thoughtful Money®
The Debt Ponzi, Not Inflation, Is The True Threat | Michael Lebowitz

The Debt Ponzi, Not Inflation, Is The True Threat | Michael Lebowitz

Our over-leveraged economy NEEDS lower rates to avoid blowing up

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Adam Taggart
Feb 18, 2024
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Adam Taggart's Thoughtful Money®
Adam Taggart's Thoughtful Money®
The Debt Ponzi, Not Inflation, Is The True Threat | Michael Lebowitz
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Inflation for January rose higher than expected.

Is this a one-off blip?

Or is it a sign that the remaining inflation in the system is "sticky", and going to prove harder for the Federal Reserve to get under control?

Some analysis have been warning that we may be falling into the same trap as we did in the 1970s, which saw a series of rollercoaster surges and drops in inflation until Fed Chair Paul Volker was forced to rise interest rates up to a crippling 20% to get prices under control.

Is that kind of pain possibly in our future?

To find out, we're fortunate to hear today from Michael Lebowitz, portfolio manager at Real Investment Advice. He works closely with Lance Roberts, who regular viewers see on this channel with me every Saturday.

And as inflation expectations go, so go interest rates. Michael also shares where he thinks those and bond prices are headed from here.

To hear all of Michael’s insights, click here or on the image below:

I’m so grateful to everyone who has made their way to Thoughtful Money, especially those of you who have kindly supported me by becoming a premium subscriber to this new Substack. It’s making an important difference in helping me afford the substantial startup costs of birthing this new venture.

Premium supporters will receive my “Adam’s Notes” summaries to interviews going forward (yes, they’re back!), plus periodic advance-viewing and/or exclusive content not made available to the public.

My Adam’s Notes for this discussion with Michael are available to them below.

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