Futures Edge Show: Finance Unfiltered with Jim Iuorio and Bob Iaccino

There is real conundrum about what’s going on in the labor market. Market Mavens COO Stephanie Pombody (@spomboy) explains that until the Fed stops hiking rates, there is going to be a rocky patch that impacts not only companies, but consumers as well. She digs in more to the impact of fed rate hikes on the corporate sector, earnings, the quality of corporate debt out there today and consumer spending. She also shares her take on gold, crypto and oil. 

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Produced by Haynow Media

Every rate hike is going to hit differently. For some reason, this rate hike didn't really hit at all, and the question is why. A quick look at the the rapidity of the rise in rates, and, most importantly, how long they had been at the low level, will help explain it. Path Trading Partner’s Co-founder & Chief Technical Officer Mike Arnold notes the aggressive longs in the markets and potential pullbacks. He dives into crude oil and gold as we head into traditionally the worst performing month of the year, September.

What’s going on with the stock market right now? Mike Singleton, Senior Analyst & Principal at Invictus Research, looks at the economic fundamentals all signaling a recession is coming. He dives into housing and rental inflation, the labor market, manufacturing cycle and more, which are painting a darkening picture that the U.S. economy may yet succumb to another downturn before the year is out.

With more market volatility, investors often turn to alternative investments to diversify their portfolios, including gold, silver, bitcoin and platinum. Now you can add diamonds to that list, too. Veteran market strategist Amelia Bourdeau is now managing director of market strategy at Diamond Standard, the producer of an exchange traded, regulated diamond commodity that can be transacted as a blockchain token that gives investors access to diamonds. She explains why the company is bullish on diamonds as an estimated $1.2 trillion asset class and how the diamond commodity provides diversification, potential inflation protection, and a new store of wealth for institutional and individual investors. She also weighs in on current market cycle.

Learn more about Diamond Standard:

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Is Universal Basic Income (UBI) more appropriate today than decades ago? Author Scott Santens literally wrote the book advocating for UBI, “Let There Be Money.” He has been researching the concept since 2013 and his work shaped the thinking of former U.S. presidential candidate Andrew Yang. He argues how the decoupling of wages from productivity has driven inequality as the total national productivity have flowed to fewer and fewer people. He considers all the factors: Where does the money come from for basic income? Wouldn't it cost more than the entire federal budget to provide everyone basic income? Should it really go to everyone, or would it be better to target it to those who need it the most? Will it give the government too much power?

Mike Solana, vice president at The Founders Fund and founder and editor-in-chief of Pirate Wires, a media company focused on the intersection of technology, politics, and culture, sifts through the economics of topics like invasive species, lab grown meat, climate change, nuclear energy, media and more. His raw perspective on the impact of science on society might permit you to assess risk differently.

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More from Futures Edge hosts: @bob_iaccino @jimiuorio

There are three possible outcomes to trade: a win, a loss, and a break even. Path Trading Partner’s Co-founder & Chief Technical Officer, Mike Arnold, looks at how equities might adjust to a potential recession, analyzing specific longer-term chart levels in equities, natural gas, gold and crude oil.  

Jeffrey Tucker, founder and president of the Brownstone Institute, a libertarian-leaning think tank founded to respond to government social and economic policies, as well as Senior Writer for The Epoch Times, unpacks the word corporatism and the merger of government with business in which government is cooperating more with the private industry - lucrative companies and financial institutions - and less with small business. He addresses issues today like the EV market, big pharma, the Fed and COVID response. 

Cameron Dawson, Chief Investment Officer at New Edge Wealth joins us this week and her cognitively complex mind just goes off. Watch this episode BECAUSE it's Cameron. You'll understand that statement after you watch it.

This week, we were lucky enough to chat with Andrea Lamari,