Interview recorded - 1st of August, 2023

On this episode of the WTFinance podcast I have the pleasure of speaking with Mish Shedlock - Investment Analyst and Writer of the great global economics blog called “MishTalk”. 


During our conversation we spoke about the political drivers of the economy, how inflation is impacting the markets, what does a FED pivot mean for assets and whether the economy is currently on the brink of an economic crisis. I hope you enjoy!

0:00 - Introduction
1:00 - What is Mish currently watching?
4:30 - Is inflation a political issue?
9:10 - Have the FED taken the correct action raising rates?
11:25 - Is inflation going to stay higher for longer?
16:20 - What does a FED pivot mean for assets?
20:28 - What data points will Mike be watching to see when markets shift?
22:45 - Is China going the way of Japan?
26:45 - Further risk of banking crises?
30:45 - What will be the competitor to the US dollar?
36:50 - One message to takeaway from our conversation?

Mish is a highly acclaimed macro-economic writer and one of the early financial pioneer bloggers. Mish has written articles every day since 2003. That’s 20 straight years of publishing at least one economic post per day allowing for “Merry Christmas” and “Happy New Year” articles.

In summer of 2006, Mish called the top of the residential housing bubble, and the bottom in March of 2009.

In 2009, Mish’s Global Economic Trend Analysis was on the cover of online Time Magazine, Best 25 Financial Blogs.

In 2010, the New York Times cited Mish along with Barry Ritholtz and Calculated Risk in its #1 Idea of the year called: Do-It-Yourself Macroeconomics. The article was about people who called the global economy better than any formally trained economists.

Mish is a believer in free markets and small government. He writes from a Libertarian and Austrian economist point of view.

Discussion posts, typically multiple times a day, include interest rates, central bank policy, gold and precious metals, jobs, global politics, and economic reports from the BLS, BEA, and Commerce Department. On the first Friday of every month, Mish goes over the monthly job statistics in much greater detail than anything in mainstream media. The same applies to the monthly CPI, PPI, and housing reports from the BLS and commerce department.

Mike Shedlock - 

Website - https://mishtalk.com/
Twitter - https://twitter.com/MishGEA?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

WTFinance -

Instagram - https://www.instagram.com/wtfinancee/
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iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas