Mark is back! And we are Rocking & Rolling this week talking about mid-term elections right around the corner. What are the odds of a red sweep in November? How will mid-terms impact the stock market and your investments? On top of all of that, Kanye West announced his acquisition of the social media app “Parler”. How will that turn out as an investment and for society? And of course, this week’s cancelled segment is important for your taste buds.

●  [02:59] Mid-Term Elections & Impact on Markets

●  [13:50] Kanye West Acquires Parler

●  [19:07] Cancelled! Snow Crab Legs

Jamie Dimon is now ringing the recession bell suggesting that the economy will be in a recession within 9 months. This comes the same day that President Biden suggests that we have nothing to worry about in regards to the economy and if we do have a recession, it will very light and very small. What will actually happen? How deep will a recession be? All of this is discussed on top of news that some rail unions rejected the government package that gave a 24% raise to rail-road workers. What kind of precedent does this set? What's happening over in Europe with pension funds? On the cancelled list this week, the Kansas City Chiefs are at the top of the list. All of this is discussed and more on this weeks "The Capitalist Investor" podcast.

●  [02:14] Jamie Dimon Calls for a Recession in 6-9 Months

●  [21:51] Rail Unions Rejects Government Deal

●  [27:12] Bank of England - Gives Pension Funds 3-Days to Re-Balance

The past couple of months have been pretty crazy.. at first, we rallied almost 15% from the June lows, only to break through and create a new low. We ended up making the 52-week low on September 30th. The past couple of days have seen a 5% historical rally between just two days. Those kinds of rally’s usually happen during times of uncertainty if you look to the past. Is this just another bear market rally that will crash and burn? Or is this the beginning of something new and potentially a sustainable rally? Elon Musk is closing in on the Twitter deal at the full price of $54.20. All of this and more during this week’s “The Capitalist Investor”.

●  [01:41] Just Another Bear Market Bounce? Or Something More?

●  [12:22] Elon Musk Closing in on Twitter Deal

●  [17:53] Cancelled – Atlanta Braves

MARK TEPPER IS BACK!!

[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.

[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.   

[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.

Connect With Mark Tepper

• Twitter: @MarkTepperSWP
•  Follow Mark on LinkedIn
• Send Mark a message here

Connect with Derek Gabrielsen

• Twitter: @DerekGabrielsen
• Follow Derek on LinkedIn
• Send Derek a message here

Connect with Tony Zabiegala

• Twitter: @TonyZabiegala
• Follow Tony on LinkedIn
• Send Tony a message here

Send your questions and comments to us at [email protected]

#Fed #Apple #recession #inflation #jobsmarket #MarkTepper #marketcrash #unemployment #shareholderyield #initialjoblessclaims

Credit Card debt is rising at the biggest quarterly increases in history. How long can debt continue to fuel the economy and when will the American consumer finally pull back their spending habits? The big question is whether demand will come down naturally or in limbo with the Federal Reserve hiking interest rates. With inflation rising, it’s not just hurting consumers, it’s also hurting businesses with their input prices rising. What does that mean for the economy & stock market? All of this & more is discussed in this week’s “The Capitalist Investor” podcast episode.

●  [04:18] Dangerous Credit Card Debt

●  [14:17] Ford Expecting Another $1B in Costs Because of Inflation

●  [22:46] Cancelled – Employees & Electric Carts

It’s important to think about the past sometimes before you can think about the future. And the past couple of years, fiscal policy and monetary policy has been nothing but accommodating. But when you’re overly accommodating, that usually comes with repercussions down the road. And we are dealing with one of those repercussions now through inflation. While President Biden took a victory lap this week by cherry picking numbers, the majority of Americans are still getting crushed through ramped inflation which came in much higher than expected. The market dropped almost 5% because of mismanaged expectations all while we are approaching $31 Trillion of debt here in the United States. What does this mean for the overall economy & stock market? Will the recent rail-road strikes have an impact on the economy? All of this is covered in this week's "The Capitalist Investor" episode.

Outline of This Episode:

●  [2:23] Stock Market Mismanaged Expectations

●  [15:01] National Debt Approaching $31T

●  [21:56] Cancelled – Railroad Strike Causes Concern

The market has a lot of reasons that it could go lower. Does that actually mean that it will re-test the lows that we saw in June? If so, what is that going to look like and how quickly will that happen? One of the major topics in today's world is the energy crisis & stagflation environment we are seeing over in Europe. Is the energy crisis going to impact America? What about other geo-political events that could influence the direction of the American economy & the stock market? In this week's episode of The Capitalist Investor, we also take a look at Jason Aldean getting cancelled, since someone or something seems to be getting cancelled every week!

●  [0:54] Stock Market Going to Re-Test Lows?

●  [06:05] Energy Crisis in Europe - Coming to America?

●  [12:46] Jason Aldean - Cancelled

For a very long time, good news seems to be bad news & bad news seems to good news. The market has been irrational digesting traditional econmic information. Over the past week, the market has become a lot more rational in it's thinking. What do we mean by that? On top of that, we haven't seen Joe Biden for a few weeks while he had COVID. After his rally, there were a couple key takeaways that Americans did not miss, and the crowd seemed not to miss either. What did Joe Biden say that threanted essentially half of America? Last week we covered student loans, and after a week of digesting this news, a lot of people are asking how much it's going to cost and how we are going to pay for it. The answer from the Biden Administration is, "No matter how much it costs, it is paid for." They don't even know how much it will cost in the end. All of this is covered in this week's "The Capitalist Investor" episode.

Outline of This Episode:

●  [2:29] Stock Market Becoming More Rational

●  [09:27] Biden Rally - Epic Fail

●  [17:11] Studen Loan Handouts Are "Paid For"

Every week the guys come in prepared and ready with their takes on the latest news, politics and trends – but this time around it’s all about returning to their roots and talking about the markets. In Episode #141 of “The Capitalist Investor,” Luke and Tony dive into the Fed’s Jackson Hole trip and what will happen if Powell decides to be hawkish or dovish. The guys also analyze behavioral finance trends taking place in their everyday lives and debate Biden’s latest student loan debt policy. This episode’s focus may be on returning to the root, but the guys are prepared to pivot, pause, hear each other’s takes, and yours. 

Outline of This Episode:

●  [1:20] The course for Jackson Hole 

●  [2:30] A hawkish Powell or… 

●  [6:55] A dovish Powell

●  [9:35] Behind the scenes of behavioral finance 

●  [12:15] Canceled this week: student loans 

It’s called the Inflation Reduction Act but as we expected, it’s name hasn’t held up. Shortly before passing the legislation, electric vehicle companies announced they would be increasing their costs – stripping the act’s intention and the $7500 EV tax break it included. On this week’s episode of “The Capitalist Investor,” Derek, Tony, and Luke talk about the nightmares that come when one rushes a process and cuts corners: EV agendas, tax breaks, and government spending. Episode #140 also includes a new special segment to reflect the state of today’s society, “You’re Outta Here.” 

 Outline of This Episode:

 ●  [2:20] Supply chain nightmares came true 

●  [5:20] Unfolding the EV tax credit 

●  [7:40] Reenvisioning the tax system  

●  [12:50] Introducing “You’re Outta Here”