Investment banker and author Chris Whalen, chairman of Whalen Global Advisors, who is also the author of The Institutional Risk Analyst, returns to the show for episode 195 to discuss the current state of the economy.

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Links:    

Twitter/X: https://twitter.com/rcwhalen    

Website: https://www.rcwhalen.com/    

The Institutional Risk Analyst: https://www.theinstitutionalriskanalyst.com/   

Stanley Middleman book: https://www.amazon.com/Seeing-Around-Corners-Achieving-Business/dp/B0D5PTSJVC/  

Chapters

00:00 Intro and welcome back Chris Whalen

01:04 Big picture view — is there a recession or not?

02:24 Labor market

03:44 Home prices

07:53 Recession  

10:40 Rate policy

12:54 Fed is afraid to really fight inflation

14:00 Liquidity explained

17:00 Americans are looking to be bailed out

21:30 Intervention

23:05 Fed

24:50 Deficit

28:40 Election

32:36 Parting thoughts