(Recorded on 04/23/24) In this live webcast, trading coach Jerry Robinson shares his signature commentary on the latest price action in Bitcoin in the wake of its highly anticipated fourth halving event. Later, Jerry shares several short-term trading ideas....
Segment 1: America's "Titanic" Economy Is Not Unsinkable
Segment begins at 00:58Is America’s “Titanic” economy unsinkable? Depends on who you ask. On today’s broadcast, economist/trading coach Jerry Robinson separates Washington’s hype from the grim reality of the fragile U.S. economy.
- Washington’s deficit for October was up an astounding 34% YOY
- America’s “Titanic” reality: debt growth exceeds (uncensored) economic growth
- Perplexing: U.S. stock market hits new all-time highs (at the same time that the Fed cuts interest rates??)
- Did you know… every U.S. Dollar =Â a Federal Reserve note (plus interest)?
- The day is coming when the U.S. will pay more for interest on its national debt than it does for its military
- Hello, fiscal conservatives, are you there? (crickets)
- Actionable steps to secure your lifeboat in America’s “Titanic” economy
- Want to become a lean mean trend trading machine? Reserve your seat now!
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Segment 2: The Final Word w/ Jerry Robinson
Segment begins at 44:26Jerry closes out today’s show with a reminder that a day of reckoning is inevitable for the immensely debt-laden U.S. economy.