Thoughtful Money with Adam Taggart

Despite the Federal Reserve's efforts to tame inflation by cooling the economy with its aggressive "higher for longer" interest rates and Quantitative Tightening, the US has managed to avoid recession. Consumer spending has held up, largely due to the "strong" jobs market. But is that likely to remain the case going forward? And if not, if unemployment starts to rise significantly, what should we...

In today's discussion we look at the all-important energy market. Remember, without energy, there is no economy. As we look to the future, where are global energy trends headed? Which ones are we likely to turn to more to power the world of tomorrow? And where are the best opportunities for investors likely to lie? To discuss in depth, we're fortunate to sit down with the green chicken himself, th...

Stocks remain overbought at current levels and volatility remains low. Portfolio manager Lance Roberts expects markets to tread sideways until next week's CPI data and latest Fed guidance are in. If they show the economy is indeed slowing down faster than expected and/or inflation is moderating, stocks will likely pop as rate cut hopes will be put back on the table. But if not, will markets drop?...

According to Truflation, the US dollar has lost nearly 25% of its purchasing power since January of 2020. Many everyday Americans struggling to pay their monthly bills may argue that's an understatement. What the US dollar does, vs real things as well as vs other national currencies, has very real implications -- economically, financially & geopolitically -- for everyone watching this video, regar...

As we enter the midpoint of 2024, confidence in the economy and the financial markets is a lot higher than it was at this time a year ago. Stock in particular, have had a phenomenal run over the past 7 months. So it's little surprise that the bulls expect the party to continue on through the rest of the year. Will it? To find out, we turn to the experience and wisdom of financial advisor Ted Oakle...

Between February 2022 and August 2023, in order to combat hot inflation, the Federal Reserve rocketed its discount rate from near 0% to 5.25% -- the most aggressive interest rate schedule in living memory. Since then, the Fed has kept the rate at 5.25% -- the 'higher for longer' era But despite this, even when paired with Quantitative Tightening, economic growth remains robust, inflation is lower...

The S&P 500 has recently had a near-term sell signal triggered, during a week where many Tech stocks -- including Nvidia -- sold off harder than the general markets. This shouldn't be a cause for major concern. But it explains why the market is down from it all-time high 10 days ago, and may likely have farther to fall until the overbought conditions are fully worked off. The latest slowing CPE in...

If you' re planning on possibly purchasing or selling a car in the near future, or just curious about how the latest action in the auto market are impacting your current car's value, you'll want to listen up to today's guest. We're fortunate to be joined today by auto expert and car dealership owner Yossi Levi, who will give us his latest boots-on-the-ground reporting on the key trends driving sup...

In markets as in life, sentiment drives decision making. And until sentiment shifts, the status quo will maintain. Even when at extreme conditions. Today's guest has made the study of sentiment his life's work. Which is particularly timely given that consumer confidence continues to plunge, with the recent April Consumer Confidence numbers coming in far below the consensus estimate. This is import...

Stocks markets have had a massive run since November of last year and all the major indices -- the S&P 500, the Dow and the NASDAQ - have hit all-time highs this week. US GDP growth for the current quarter is currently predicted to be 3.6%, global economic growth as measured by PMIs has turned positive for the first time in 2 years, the official unemployment rate remains below 4%, the most importa...

It's been a week to remember for stocks... After the S&P, the Dow and the NASDAQ each hitting all-time highs earlier this week, Nvidia blew past expectations on both revenue and earnings, eclipsing $2.5 trillion in market value. The bulls are feeling large & in charge as a result, though stocks may take breather soon -- as signaled by Thursday's bloodbath in the markets despite Nvidia's big beat....

Today's guest is best known for publishing the world's most respected annual analysis of the precious metals market, known as the In Gold We Trust Report. It covers what's driving supply & demand, the performance of the metals vs the companies that mine them, and what the outlook for prices is. This year's report, subtitled The New Gold Playbook, was just issued last week -- al...

After a blowout Q1, stocks swooned in April, raising concerns the bull rally had ended. Nope. The bulls returned in May and as of this recording, the S&P, the Dow and the NASDAQ are all trading at all-time-highs. Wall Street is confident, the financial media is downright gleeful, and the market momentum has a lot of tailwinds behind it right now. But...there are headwinds, too. Which will win...

While the official unemployment rate remains at a low 3.9%, there is an epidemic in the US and other Western countries of men -- and now increasingly women -- without work. These are millions of otherwise able-bodied working age adults who have given up on finding work, often driven to do so out of frustration and despair. It's gotten to the point where 1 in 6 prime working age men has no paid...

Three week's ago, the S&P had fallen below 5,000 and Wall Street was worried the party in stocks might be over. Nope. Stocks rebounded and, as of today, the S&P, Dow, and (almost) NASDAQ sit at all-time highs. Technically, it looks like the bull trend is set to continue says portfolio manager Lance Roberts, especially with $1 trillion of announced buybacks set to flow into markets thro...

When today's guest appeared for the first time on this channel a few months ago, a start was born. Those who hadn't yet heard of Danielle Park were impressed by both her command of the macro data and her unflinching courage to call things as she sees them. She highlighted a number of concerns about the trajectory of the economy and markets back then -- and today we check back in with her t...

Many of the recent housing analysts I've talked with, like in last week's excellent interview with mortgage expert Melody Wright, see tougher times ahead for the real estate market. So for further context, I thought it would be helpful to get a true "boots on the ground" view from one of America's more successful property investors. What is he seeing across the thousands of p...

It feels like a tale of two economies right now. If you ask an economist, chances are you'll hear that the US is doing great, growing faster than its G7 peers, with low unemployment and a stock market back near all-time highs. But if you ask the average man on the street, you'll likely hear a very different story. One of hardship, where wages aren't keeping up with the massive spike in...

The Dow just had its best week of 2024. And the S&P remains on a tear higher from its mid-April lows. As a result, looking at short-term conditions, stocks have quickly returned to overbought conditions, says portfolio manager Lance Roberts. It's likely they'll have a cooling off period over the coming week or two. Expect a retest of the 50 daily moving average. If that holds, that&#39...

A few days ago, an article appeared in the Financial Times revealing that "Last month, the government-sponsored mortgage finance agency Freddie Mac filed a proposal with its regulator, the Federal Housing Finance Agency, to enter into the secondary mortgage market, otherwise known as home equity loans" The article's author, Meredith Whitney, claims that if approved, this "could...

Today's guest expert just released a warning that the official jobs data reported by the government are "overstated by historical proportions" And when the downward revisions get released, it will shock both the Federal Reserve and the financial markets. For the details on this, we turn to the man who wrote the report, highly-respected economist & award-winning researcher David R...

Stubbornly sticky inflation looks to be turning the Federal Reserve's campaign of Higher For Longer interest rates into "Higher For Even Longer" Today's guest warns that "Markets are unprepared for price growth that is becoming entrenched". Nor do they appear prepared for bond yields to remain at today's rates, let alone march higher from here. Remember, it was only...

Since today's guest was last on this program back in December, the world has continued to fracture geopolitically. Where is that trend taking us? And what will the impact be on global prosperity? The majority of folks who watch this Thoughtful Money channel are primarily from the US, Canada, Europe and Australia. So to provide a perspective from a non-Western point of view, I'm pleased to...

Stock prices are compressing in a wedge pattern suggesting the market is going to make a breakout soon. But in which direction? We'll soon know for sure, but portfolio manager Lance Roberts' models triggered a buy signal today. So he thinks the odds favor the bulls. Why discuss why in today's Market Recap, as well react to this week's Fed guidance, the new payroll data, the impact...

Yesterday, May 1 2024, the Federal Reserve issued its latest policy statement, followed by a press conference by Fed Chair Jerome Powell. The Fed held its policy interest rate steady at 5.25%, as expected. Somewhat surprising to Wall Street was the Fed's announcement that it will reduce the scope of its Quantitative Tightening program starting in June. US Treasury roll-off will be reduced to $...