Jesse Felder – Bad (Economic) News Is Good News (For Markets); Earnings Recap, Fed Outlook, Energy, Gold, Copper and Bitcoin Forecasts
Jesse Felder, Founder and Editor of The Felder Report joins me to discuss the state of markets balanced with the generally weaker economic data from the US and around the world.
We start with comments on how markets are disconnecting from recent economic data but that’s all carried over to investors projections on what the Fed will do with rates. We discuss the direction of inflation and key data to note. We also look into the energy sector, oil fundamentals specifically, and where price will go. Next are the metals, gold and copper outlooks for 2024. Finally I ask Jesse how Bitcoin fairs in 2024.
A key theme is looking into 2024 and how a possible recession will impact markets.