Stocks To Drop IN HALF Once Hard Landing Arrives? | Mike “Mish” Shedlock


There are a lot of mixed messages out there right now.

The economy is strong, yet inflation-adjusted retail sales aren’t growing.

The jobs market is strong, yet more and more of corporate America is announcing layoffs.

The housing market is robust, yet we’ve just hit a record level of unaffordability.

Which is more correct? Do better or worse days lie ahead?

To help us clear out the smoke & get a true picture of what’s going on, we welcome macro analyst Mike “Mish” Shedlock back to the program.

Turmoil Ahead As We Enter The New Era Of ‘Scarcity’ | Charles Hugh Smith


As the old saying goes: “It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.”

It’s easy for investors to fall into the traps laid by their belief systems. Whether to the bullish or bearish side, we all have our own biases that can warp the way we perceive reality.

Which is why forcing ourselves to take a systemic view of the economy, markets & society can be so helpful. By understanding the way our systems work and projecting current developments through to their most logical outcomes, we can

sidestep most of our biases as we develop our predictions and conclusions.

Today’s guest expert, author and macro observer Charles Hugh Smith has made a career of this kind of systemic thinking.

We’ll talk with him about where today’s really big trends are taking us. What kind of economy and standard of living should we expect in the unfolding future?

‘Economic Pain’ Lies Ahead In 2023 Once Hard Landing Becomes Too Obvious To Ignore | Thomas Thornton


After a punishing year in 2022, the markets have had a great start to 2023.

The S&P is currently up 8% for the year, and the Nasdaq has had its best start in 20 years, up 15% YTD.

Is this the ‘all clear’? Is the bottom in and a better year for markets ahead?

Or is this a classic bull trap? One that sucks everyone back in before the bear returns to maul everyone?

In uncertain times like these, it’s wise to tap the counsel of those with decades of long-term success in the markets. So today we’ll ask these

questions of Thomas Thorton, former portfolio manager, senior trader, technical analyst, and now founder of Hedgefund Telemetry.

By the way, Thomas’ trade model was up 53% last year — a feat few others can boast.