Matthew Piepenburg: Depression Level Economy For The...
Tom welcomes back Matthew Piepenburg of Matterhorn Asset Management. They discusses various empirical indicators that suggest the US and the world are facing a recession. Matthew points to the yield curve, the Conference Board of Leading Indicators, the M2 money supply, the Fitch downgrade of the US Treasury, and the layoffs of major companies as evidence of an economic downturn. He also highlights the increase in bankruptcies, credit card delinquencies, and car loan repos, and refers to the "Oliver
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