Global Macro Update

It started in the UK, but it's only a matter of time before it spreads to the US and beyond: a pension fund crisis of gigantic proportions. Ben Hunt from Epsilon Theory and show host Ed D'Agostino discuss how, due to the Fed's reluctance to raise interest rates after the 2008 Financial Crisis, pension fund managers—lured by Wall Street's promises of outsized returns—took a gamble and lost. Now the chickens are coming home to roost, in a spectacular way. For more details on this topic, read Ben Hunt's fascinating essay, "A Brief History of the Past 10,000 Years of Monetary Policy and Why Last Week Was a Big Deal." Don't miss this week's episode of Global Macro Update—listen now!

It's a seller's market now, but housing is about to reverse course, says real estate and mortgage expert Barry Habib, CEO of MBS Highway. Barry and show host Ed D'Agostino discuss why mortgage rates are about to drop, creating great buying opportunities... why the Fed won't purchase any more mortgage-backed securities... how a specific type of real estate investment can give you a 320%+ return in less than a decade... need-to-know financing strategies for first-time homebuyers... and more. Learn more about Barry Habib and his work at https://mbshighway.com. Don't miss this week's episode of Global Macro Update—listen now!

Before you invest in a stock, check how happy the employees, customers, and suppliers of that company are, says Jon Clifton, CEO of polling company Gallup and author of the WSJ best-seller, Blind Spot: The Global Rise of Unhappiness and How Leaders Missed It. He and show host Ed D'Agostino discuss why global unhappiness is on the rise... which two emotional factors increase your risk of death by up to 50%... and how non-traditional indicators can have a major impact on a business's bottom line. You can get Jon Clifton's excellent book grounded in Gallup's global research here: https://www.amazon.com/Blind-Spot-Global-Unhappiness-Leaders/dp/1595622454/ Don't miss this week's episode of Global Macro Update—listen now!