Sven Henrich is the lead market strategist for NorthmanTrader, publisher of the Daily Market Brief, host of NorthmanTrader’s Straight Talk Podcast, and a highly respected technical analyst and commentator about markets & the macro economic environment. He is a frequent contributor to CNBC, CNN Business and MarketWatch.
Time codes:
00:00 Okcoin promo
00:59 iTrustCapital promo
01:39 Sven live from UK
02:25 Latest jobs report
07:40 Are we in a recession?
14:03 September Fed meeting
19:10 Will the Fed keep being aggressive?
22:38 Fed speakers' forecasts have "absolutely no meaning"
27:45 Fed pivot; strangely orderly bear market
31:56 Bitcoin 2023 promo
33:00 Fold app promo
33:42 Short term or structural bear market
37:09 Can the US go negative?
39:31 Bitcoin positioning, dollar cost averaging
45:59 Bubble blowups get rid of bad business models
49:55 Fed will always intervene, creating zombified economy
52:15 Decades of bad policy created issues, not current politics
59:20 "We want to burn the previous system down"
1:04:31 Capitalism has turned into creditism