The Money GPS

Markets are turned upside down and why? Well, we’re in for a very big week.

TOPICS AND TIMESTAMPS:

What’s Going On? 0:00

HIGHER HIGHS 0:57

BEST ASSETS 9:00

UPSIDE DOWN 12:20

Stock-Market Bravado Tested as Bonds Flash Fed Policy Danger - BNN Bloomberg

https://www.bnnbloomberg.ca/stock-market-bravado-tested-as-bonds-flash-fed-policy-danger-1.1694378

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This is The Money GPS and I want to welcome you in to get what you’re looking for right now.

TOPICS AND TIMESTAMPS:

Unveil 0:00

WORST CALL EVER 0:48

SLOW DOWN 6:10

FUTURE 13:10

Transcript: Mohamed El-Erian on "Face the Nation," December 12, 2021 - CBS News

https://www.cbsnews.com/news/transcript-mohamed-el-erian-face-the-nation-12-12-2021/

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China vehicle sales fall for seventh month in prolonged chip shortage | Reuters

https://www.reuters.com/markets/asia/china-vehicle-sales-fall-91-november-industry-body-2021-12-10/

VW CEO Fears Chips Will Be in Short Supply for Years to Come - Bloomberg

https://www.bloomberg.com/news/articles/2021-09-05/mercedes-boss-warns-chip-shortage-won-t-just-go-away-next-year?sref=ZVajCYcV

Don’t Discount Bond Vigilantes, Says Economist Who Named Them - Bloomberg

There is no chance of reversing inflation. It’s far too late. So what does that mean for you?

TOPICS AND TIMESTAMPS:

It’s Too Late 0:00

THE TRAP 0:54

CATCH 22 4:17

UPSIDE DOWN 13:59

Massive U.S. Debts Could ‘Trap’ Powell as Fed Fights Inflation - Bloomberg

https://www.bloomberg.com/news/articles/2021-12-11/massive-u-s-debts-could-trap-powell-as-fed-fights-inflation

Massive U.S. Debts Could ‘Trap’ Powell as Fed Fights Inflation - Bloomberg

https://www.bloomberg.com/news/articles/2021-12-11/massive-u-s-debts-could-trap-powell-as-fed-fights-inflation

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Fed, Bond Markets on Collision Path on View of Rate Cycle - Bloomberg

https://www.bloomberg.com/news/articles/2021-12-11/fed-hikes-seen-starting-with-yield-curve-flattest-in-generation?srnd=premium-canada

Lumber Soars to Six-Month High as Buyers Scurry to Find Wood - Bloomberg

https://www.bloomberg.com/news/articles/2021-12-10/lumber-soars-to-six-month-high-as-buyers-scurry-to-find-wood

The Week in Stocks: Dip Buyer Drive Best Rally in 10 Months - Bloomberg

https://www.bloomberg.com/news/articles/2021-12-10/dip-buyers-scoring-historic-win-in-stocks-that-defy-bond-warning

Central Bank Divide: Gap Widens on Tackling Inflation, Growth - Bloomberg

As everyone anticipates a Black Swan to cause a crisis, one is going on before our very eyes.

TOPICS AND TIMESTAMPS:

Black Swan (Goose)? 0:00

FED INFLATION 0:57

INSIDERS SELL 8:46

UPS AND DOWNS 11:33

Rising Inflation Keeps Pressure on Fed to Dial Back Stimulus Faster - WSJ

https://www.wsj.com/articles/rising-inflation-keeps-pressure-on-fed-to-dial-back-stimulus-faster-11639146024

The Fed - Chart: Balance Sheet of Households and Nonprofit Organizations, 1952 - 2021

https://www.federalreserve.gov/releases/z1/dataviz/z1/balance_sheet/chart/#units:usd

U.S. Inflation Hit a 39-Year High in November - WSJ

https://www.wsj.com/articles/us-inflation-consumer-price-index-november-2021-11639088867

Southern California’s Container-Ship Backlog Moves Farther Out to Sea - WSJ

https://www.wsj.com/articles/southern-californias-container-ship-backlog-moves-farther-out-to-sea-11639132381

How Democrats' social spending framework could cost $4.1 trillion

https://www.cnbc.com/video/2021/11/03/how-democrats-social-spending-framework-could-cost-4-point-1-trillion.html

Taylor Rule Utility - Federal Reserve Bank of Atlanta

https://www.atlantafed.org/cqer/research/taylor-rule

Elon Musk, Other Leaders Sell Stock at Historic Levels as Market Soars, Tax Changes Loom - WSJ

https://www.wsj.com/articles/elon-musk-other-leaders-sell-stock-at-historic-levels-as-market-soars-tax-changes-loom-11639089782

When The Smart Money Says ‘Sold To You’ – The Felder Report

https://thefelderreport.com/2021/12/08/when-the-smart-money-says-sold-to-you/

The time has arrived. China’s $62 trillion property market is now fully exposed.

TOPICS AND TIMESTAMPS:

$62 Trillion 0:00

EVERGRANDE DEFAULTS 1:04

DEBT RECKONING 4:23

MORE FOLLOW 9:33

11 real estate companies defaulted on their bonds this year.

Beyond Evergrande, China’s Property Market Faces a $5 Trillion Reckoning - WSJ

https://www.wsj.com/articles/beyond-evergrande-chinas-property-market-faces-a-5-trillion-reckoning-11633882048?mod=series_chinaevergrande

China Evergrande Has Defaulted on Its Debt, Fitch Says - The New York Times

https://www.nytimes.com/2021/12/09/business/china-evergrande-default.html

China Cuts RRR as Evergrande and Kaisa Face Deadlines - The New York Times

https://www.nytimes.com/2021/12/06/business/china-evergrande-kaisa-property.html?action=click&module=RelatedLinks&pgtype=Article

Evergrande, Kaisa cut by Fitch to default after missed payment deadlines | Reuters

https://www.reuters.com/business/chinas-kaisa-kicks-off-12-bln-debt-restructuring-after-missing-pay-date-source-2021-12-09/

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China Beige Book on Twitter: "Direct fallout won't be the problem. It's having a billion Chinese watch this play out, then expecting them to spend afterward." / Twitter

https://twitter.com/ChinaBeigeBook/status/1468768640917020674

Always remember, you will own nothing and be happy. Now smile, they’re always watching.

TOPICS AND TIMESTAMPS:

Be Happy 0:00

CHANGING TIMES 0:51

METAVERSE 7:12

MILLIONS FOR THAT? 8:45

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What’s tougher? Finding drivers or trailers? - FreightWaves

https://www.freightwaves.com/news/whats-tougher-finding-drivers-or-trailers

'It's just crazy': 12 major cities hit all-time homicide records - ABC News

https://abcnews.go.com/US/12-major-us-cities-top-annual-homicide-records/story?id=81466453

What Instant Delivery Services Could Do to Cities - Bloomberg

https://www.bloomberg.com/news/articles/2021-12-07/what-instant-delivery-services-could-do-to-cities?srnd=premium-canada

MeaTech 3D Reports Breakthrough in Cultured Steak Production - MeaTech %

https://meatech3d.com/meatech-3d-reports-breakthrough-in-cultured-steak-production/

Getting Married in the Metaverse – DNyuz

https://dnyuz.com/2021/12/08/getting-married-in-the-metaverse/

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https://www.themoviedb.org/t/p/w780/cCjzu6OZIUDWowadzexCHNBTmjH.jpg

(11) Republic Realm on Twitter: ".@JanineYorio on @CNN with @richardquest on how buying digital real estate now is like buying land in Manhattan when it was still forest and farmland. Watch clip here: https://t.co/CBnPdNNEeB" / Twitter

https://twitter.com/joinrepublic_re/status/1468280732460228612?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1468280732460228612%7Ctwgr%5E%7Ctwcon%5Es

The biggest buyer of stocks has an insatiable appetite for more, at any cost.

TOPICS AND TIMESTAMPS:

Insatiable Appetite 0:00

ECONOMIC DEBT BOOM 0:39

CRUNCH TIME 8:10

BIGGEST STOCK BUYER 9:50

AmEx (AXP) Sees Holiday Spending Soaring as Omicron Fails to Bite - Bloomberg

https://www.bloomberg.com/news/articles/2021-12-07/amex-sees-holiday-spending-soaring-as-omicron-fails-to-bite

Posthaste: Canadians embarked on a $193B mortgage binge during the pandemic. Now comes the reckoning | Financial Post

https://financialpost.com/executive/posthaste-canadians-embarked-on-a-193b-mortgage-binge-during-the-pandemic-now-comes-the-reckoning

How making $300,000 in San Francisco can still mean you're living paycheck-to-paycheck

https://www.sfgate.com/local/article/How-making-300-000-in-San-Francisco-can-still-16679396.php

Vacant piece of land less than 30 centimetres wide hits the Toronto market and it's attracting attention | CTV News

https://toronto.ctvnews.ca/vacant-piece-of-land-less-than-30-centimetres-wide-hits-the-toronto-market-and-it-s-attracting-attention-1.5694423

Gundlach Sees ‘Rough Waters’ for Market as Fed Pursues Taper - Bloomberg

https://www.bloomberg.com/news/articles/2021-12-07/gundlach-sees-rough-waters-for-markets-as-fed-pursues-taper

Crude Oil News | OilPrice.com

https://oilprice.com/Energy/Crude-Oil/

The situation in China continues to unfold and it just took a turn for the worse.

TOPICS AND TIMESTAMPS:

China’s Thorn 0:00

EVERGRANDE UNFOLDING 0:49

INFLATION’S GRIP 9:51

COAL FOR CHRISTMAS 12:38

Evergrande Moves Toward Restructuring as Debt Deadlines Loom - Bloomberg

https://www.bloomberg.com/news/articles/2021-12-05/china-braces-for-evergrande-restructuring-after-months-of-tumult?utm_source=google&utm_medium=bd&cmpId=google

Evergrande Moves Toward Restructuring as Debt Deadlines Loom - Bloomberg

https://www.bloomberg.com/news/articles/2021-12-05/china-braces-for-evergrande-restructuring-after-months-of-tumult?srnd=premium-canada

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Debt Restructuring Looms; Kaisa Bond Deadline: Evergrande Update - Bloomberg

https://www.bloomberg.com/news/articles/2021-12-06/restructuring-looms-kaisa-payment-deadline-evergrande-update

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Repeat Chinese Defaulter Sunshine 100 Misses Another Payment - Bloomberg

https://www.bloomberg.com/news/articles/2021-12-05/china-developer-sunshine-100-defaults-on-170-million-of-bonds

China-Africa Summit Should Be Wake-Up Call for West - Bloomberg

https://www.bloomberg.com/opinion/articles/2021-12-05/china-africa-summit-should-be-wake-up-call-for-west?srnd=premium-canada

TOPICS AND TIMESTAMPS:

Gerald Celente - Trends Journal 0:00

Forever debt? 0:20

UBI - Universal Basic Income 2:58

Money out of the banks? 5:28

MF Global 10:56

Is the Fed creating a crisis? 15:33

Prepare on a fixed income? 20:44

When your money can’t buy anything, what will you do?

TOPICS AND TIMESTAMPS:

Your Money 0:00

ECONOMIC CRISIS 0:59

INSIDERS SELLING 6:48

CHINA’S HOLD 12:14

Turkey’s Economic Turmoil Sends Desperation and Inflation Soaring - WSJ

https://www.wsj.com/articles/turkey-erdogan-inflation-currency-lira-protests-economy-11638477508

IMF warns of 'economic collapse' unless G20 extends debt relief

https://news.yahoo.com/imf-warns-economic-collapse-unless-161920058.html

FAO Food Price Index | World Food Situation | Food and Agriculture Organization of the United Nations

https://www.fao.org/worldfoodsituation/foodpricesindex/en/

unnamed_64.jpg (1280×784)

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California Will Curtail Water to Farms, Cities as Drought Worsens in 2022 - Bloomberg

https://www.bloomberg.com/news/articles/2021-12-01/california-to-cut-water-to-farms-and-cities-as-drought-worsens

California | U.S. Drought Monitor

https://droughtmonitor.unl.edu/CurrentMap/StateDroughtMonitor.aspx?CA

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