Sven Henrich is the lead market strategist for NorthmanTrader, publisher of the Daily Market Brief, host of NorthmanTrader’s Straight Talk Podcast, and a highly respected technical analyst and commentator about markets & the macro economic environment. He is a frequent contributor to CNBC, CNN Business and MarketWatch.
Time codes:
00:00 Okcoin promo 00:59 iTrustCapital promo 01:39 Sven live from UK 02:25 Latest jobs report 07:40 Are we in a recession? 14:03 September Fed meeting 19:10 Will the Fed keep being aggressive? 22:38 Fed speakers' forecasts have "absolutely no meaning" 27:45 Fed pivot; strangely orderly bear market 31:56 Bitcoin 2023 promo 33:00 Fold app promo 33:42 Short term or structural bear market 37:09 Can the US go negative? 39:31 Bitcoin positioning, dollar cost averaging 45:59 Bubble blowups get rid of bad business models 49:55 Fed will always intervene, creating zombified economy 52:15 Decades of bad policy created issues, not current politics 59:20 "We want to burn the previous system down" 1:04:31 Capitalism has turned into creditism