The Capitalist Investor - Episode 146

Mark Tepper is Back!!!

Fed Fighting Inflation

[12:35] The Fed put is no longer in play and the Fed will have to fight inflation by causing a lengthy recession in order to get inflation under control. This will lead to job loss and market decline. The biggest fear is that on the fiscal policy side if Democrats remain in office, there will be universal basic income which will be inflationary and penalize those who have done everything right.

Everyone Gets Participation Trophy

[14:55] People just want participation trophies at work.  It is a very elitist mentality for corporate employees at GM who refuse to come to work only 3 days a week, while the factory workers obviously still have to come in and build your product.

Broken Mentality at Work

[31:37] The job market is expected to worsen, with the Fed predicting a rise in unemployment to 4.4%. This could mean 1.7 million Americans losing their jobs. Productivity is also down, with people jumping shifts and making fewer widgets. The job market will reset when people are fired and have to find work at lower pay.

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Keep Listening to The Capitalist Investor:
Episode 15:
Spending Strategies in a Bear Market, Ep #15
Episode 31:
Handicapping the 2020 Election, Ep #31
Episode 47:
11 Investments in Your Home That Pay Off, Ep #47
Episode 63:
Jeff Bezos and Amazon: Past, Present, and Future Ep #63
Episode 79:
7 Ways Biden Plans to Tax American Families (Part II), Ep #79
Episode 95:
5 Beaten Down Stocks to Buy on the Dip, Ep #95
Episode 111:
Special Episode – Talking Energy with Daniel Turner, Ep. #111
Episode 127:
Retail Earnings Tank & What The Heck is Greenflation? Ep. #127