The Prospector News

Prospector News Podcast – Chris Temple “Buckle Up 2024 is Going to be a Rough Ride”

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Prospector News Podcast – Chris Temple “Buckle Up 2024 is Going to be a Rough Ride”

 

 

 

 

Prospector News Publisher Michael Fox is Joined by the National Investor Chris Temple as we look forward to 2024. (Note we have included charts and images where appropriate) We discuss many economic topics as we try and project what is coming in 2024. Chris believes that the markets went out over their skis when it comes to the Fed’s interest rate policy. Deep Dives into the employment numbers and Inflation numbers send up many warning signals for 2024.

 

Both Chris and Michael were surprised with the resiliency of the US economy in 2023 and discuss whether the long-predicted recession is coming in 2024. The conversation continues on how the Fed is likely to react if a recession occurs when the target inflation numbers remain high. We discuss concerns that weaknesses in commercial real estate could lead to further banking issues in 2024.

 

There are lag effects in the higher interest rate policies that could also take the US consumer out of the economy as a greater portion of their earnings will go to food and shelter (and health in the US)

 

Complicating things further is the upcoming US election and the challenges related to the current choices. Geopolitics particularly war and the threat of war can also be a distraction for domestic fiscal policies.

 

To follow Chris’s thought on Economics and the World 

Posted January 23, 2024

Share this news article

MORE or "UNCATEGORIZED"


FIRST QUANTUM ANNOUNCES CLOSING OF $1,150 MILLION BOUGHT DEAL OFFERING, CLOSING OF $1,600 MILLION SENIOR SECURED SECOND LIEN NOTES OFFERING AND UPDATE ON COMPREHENSIVE REFINANCING

First Quantum Minerals Ltd. (TSX: FM) announced that it has compl... READ MORE

February 29, 2024

VIZSLA SILVER ANNOUNCES CLOSING OF $34.5 MILLION BOUGHT DEAL FINANCING

Vizsla Silver Corp. (TSX-V: VZLA) (NYSE: VZLA) (Frankfurt: 0G3)... READ MORE

February 29, 2024

New Found Makes New Discovery With 35 g/t Au Over 17m Including 1,910 g/t Au Over 0.3m at “Vegas Zone”

New Found Gold Corp.  (TSX-V: NFG, NYSE-A: NFGC) is pleased to a... READ MORE

February 29, 2024

Treasury Metals Announces Results from Drilling on Far East Target at the Goliath Gold Complex

Highlights: Continuity of near surface, Goliath-style alteration ... READ MORE

February 29, 2024

Guanajuato Silver Increases Size of Gold Loan Credit Facility to US$13.3M

Guanajuato Silver Company Ltd. (TSX–V:GSVR) (OTCQX:GSVRF) i... READ MORE

February 29, 2024

Copyright 2024 The Prospector News