In this episode we discuss the euphoria of the stocks market during earnings season, China's economic implosion and its effects on the stock and crypto markets. Joe Biden capitulates on the Democrat Infrastructure Bill. Steve Bannon held in contempt by Jan. 6th commission. Joe Biden wants to vaccinate children 5 to 11 with the COVID19 … Continue reading True Capitalist Radio Episode #563 – “Joe Biden Capitulates”
True Capitalist Radio is back by popular demand and giving 100% financial insight and straight political dope without all the trolling. Thanks to all the serious listeners for making this possible. We will be producing 2 True Capitalist Radio shows a week and will be distributed on Spotify. Moreover, new episodes will be embedded here … Continue reading True Capitalist Radio Episode #562 – Yes TCR is BACK!
The markets are currently reacting to the pending default of a Chinese real estate juggernaut called Evergrande. This company owes global creditors $300 billion is outstanding debt, and is supposed to make a $83.5 million interest payment on Sept. 23 on its March 2-22 bonds and a $42.5 million payment on Sept. 29 on its … Continue reading Ghost’s Financial Market Report – Evergrande, China & The Debt Ceiling
The prognosticator of prognosticators strikes again! Last week's Federal Reserve announcement of pushing back interest rate hikes from 2024 to 2023 has instantly put assets in freefall into the negative. The FED's actions brought instant gains into the U.S. dollar to a 2 month high. Prices of commodities also took at hit with this announcement. … Continue reading Ghost’s Financial Market Report – 1