Winning at Life with Gregory Ricks

The Daily Wrap: 09.03.19


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00:36 - Gregory explains why a yield-curve inversion is not the harbinger of doom it used to be. In the past, it has preceded recessions, but it never had this level of distortions from the Federal Reserve rate rigging coupled with the historic premiere of negative-rate bonds means this market is not playing in the same arena as years past.

04:19 - Is the economy slowing down? Gregory is skeptical of the media outlets constantly claiming a recession is around the corner. The economy has different cycles, and while some sectors are in a down cycle, there's enough positive cycles to keep the overall economy growing.

08:54 - Gregory and James kick around the idea of a 100 year bond.

12:37 - Thinking of retiring early? Hear some warnings from an early-retiree.

17:59 - Updates on the new tariffs going into effect around the US-China trade wars.

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Winning at Life with Gregory RicksBy Winning at Life with Gregory Ricks