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Kerry Lutz's--Financial Survival Network

Kerry Lutz's--Financial Survival Network

Kerry Lutz

The Financial Survival Network is dedicated to helping you build your financial fortress so that you can survive and thrive in the new economy. You need the Financial Survival Network now more than ever.

4301 - Jerome Powell is Wearing Concrete Boots with David Stryzewski #6063
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  • 4301 - Jerome Powell is Wearing Concrete Boots with David Stryzewski #6063

    Financial expert David Stryzewski analyzes the alarming trends revealed in April’s Producer Price Index (PPI) report. The PPI has risen by 0.5%, signaling persistent and escalating inflationary pressures, a sharp contrast to the previous month's 0.1% decline. This marks the first instance since April 2022 that PPI inflation has risen for three consecutive months, showcasing a trend of sticky inflation.

    David explains that the year-over-year rise in wholesale costs, which accelerated to 2.2%, points to a future where inflation could significantly overshoot the Federal Reserve's 2% target. The big picture suggests a troubling scenario: inflation is stubbornly high, and the Federal Reserve appears to be losing its battle against it. David warns of the Federal Reserve’s potential move to cut rates to prevent a banking crisis, amidst conditions where "higher for longer" interest rate policies seem increasingly likely.

    The discussion also covers the broader impacts of these economic policies, including the significant strain on real estate and small community banks, which are vital for financing small businesses. David highlights the serious implications of rising interest rates on sectors heavily dependent on lending and the potential for recurring bank failures, as indicated by billionaire investor Barry Sternlicht.

    Tune in to understand the complexities of the current economic environment, where stagflation is not just a possibility but a growing reality, and explore the difficult choices facing policymakers in this critical juncture.

    Find David here: FedBubble.com

    Find Kerry here: FSN and here: inflation.cafe

    Wed, 15 May 2024 - 19min
  • 4300 - Golden Opportunities: Navigating Fed Rate Cuts and China's Metal Buying Spree - Phillip Streible #6062

    Kerry Lutz and Phillip Streible discussed a range of economic topics. They began by discussing the potential for Fed rate cuts, with Streible suggesting that they may be postponed until the end of the year due to inflation, political considerations, and external economic factors. Lutz expressed apprehension about the potential impact on the markets and questioned whether the Fed's actions may be inadequate in light of current economic indicators. The conversation also touched on the upcoming June meeting, inflation data, and the challenges posed by high interest rates and their impact on consumer behavior and the housing market.

    The discussion then shifted to the dynamics of the gold market, with Streible attributing its current level to pre-positioning for Fed interest rate cuts and China's substantial purchases of precious metals. Lutz expressed skepticism about experts' surprise at higher-than-expected inflation numbers and questioned their awareness of market trends. The speakers also discussed the widespread impact of rising cocoa prices and inflation on consumer expenses, emphasizing the trickle effect on input and labor costs, particularly in the food industry, leading to higher dining out expenses and the likelihood of the Fed revising its inflation target. Finally, they discussed the potential economic implications of the upcoming election, forecasting market volatility and discussing the impact of fiscal spending.

    Find Phillip here: bluelinefutures.com

    Find Kerry here: FSN and here: inflation.cafe

    Tue, 14 May 2024 - 17min
  • 4299 - Turbo Charge Your Returns with AI - Andrew Einhorn #6061

    Kerry Lutz and Andrew Einhorn of LevelFields discussed the impact of AI on investment practices, highlighting the system's ability to track and analyze events from thousands of documents per minute to provide forecasts and alerts. The conversation also covers the system's insights on Tesla and the broader perspective it provides for investors. Andrew emphasizes the importance of recognizing discrepancies in prices and earnings to identify opportunities in the market, using examples from the coal and fertilizer industries, defense contracting, and undervalued companies like Giga Cloud and Celsius. He provides an overview of the LevelFields platform, emphasizing its user-friendly approach to investing and the potential for short-term and long-term gains through different investment strategies.

    Visit their site @ https://www.levelfields.ai/

    Mon, 13 May 2024 - 16min
  • 4298 - 2024: Year of the Bank Run with John Rubino #6060

    Kerry Lutz and John Rubino delve into pressing economic issues, predicting a looming crisis driven by rising mortgage rates and increasing retail store closures. They argue the necessity for significant government intervention, similar to the pandemic-era stimulus measures, to mitigate the economic downturn. The conversation also explores the unique challenges facing retailers, especially in California, where lax laws on shoplifting complicate business operations. Additionally, they discuss the controversial "weaponization" of the criminal justice system, suggesting its impact on social order and business environment. Rubino and Lutz propose radical ideas for government restructuring, such as firing government employees in alphabetical order and maintaining only essential workers during crises. They emphasize the importance of essential services, including police, road maintenance, and waste management, referencing similar strategies from Argentina and El Salvador. Political dynamics also take center stage as they speculate on potential vice presidential candidates for Donald Trump, particularly focusing on Ron DeSantis. They consider how political issues, notably abortion, could influence upcoming elections.

    Find John's work here: Rubino.Substack.com

    Find Kerry here: FSN and here: inflation.cafe

    Fri, 10 May 2024 - 34min
  • 4297 - Coppernico Metals to Receive TSX Listing and Start Drilling Sombrero with CEO Ivan Bebek

    Kerry Lutz was joined by CEO Ivan Bebek of Coppernico Metals for a dive deep into the company's ambitious exploration project. From raising over $100 million to the strategic preparations for drilling, Ivan shares the challenges and milestones of Coppernico's journey.

    It’s been years in the making but the company has achieved the required community support and now has the necessary permits to begin aggressive drilling at the Sombrero project. As Ivan states, community support must be earned, and the company’s initiatives will carry on long after mining has finished.

    There were numerous hurdles along the way, not the least of which were the pandemic related shutdowns. But Coppernico persevered and now drilling and a coveted TSX listing will be happening soon. Ivan also introduced Tim Kingsley, VP of Exploration, highlighting the team's expertise along with the strong funding from major miners. Clearly this is a case of playing the long game, staying focused upon the ultimate goal and never giving up. Coppernico’s prospectivity is impressive and we hold shares in the company.

    Company website: https://coppernicometals.com

    Thu, 09 May 2024 - 21min
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