43% Of Businesses Can’t Pay Rent: ‘We’re In Recession’ Says Economist Adam Kobeissi

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Adam Kobeissi, Founder and Editor-In-Chief of The Kobeissi Letter, discusses the challenges facing the real economy, and his outlook for stock markets.

US Small-Business Rent Delinquencies Rise to a Three-Year High (Bloomberg): https://www.bnnbloomberg.ca/us-small-....

*This video was recorded on July 1, 2024

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0:00 - Intro
1:17 - Bond market
5:05 - Fed policy
7:05 - Inflation outlook
9:27 - Labor market
15:14 - “It’s a crazy world”
16:35 - Stock markets
20:10 - Recession vs. Soft landing
23:20 - Small businesses can’t pay rent
26:14 - Banks
27:46 - Asset allocation
28:43 - U.S. dollar
30:00 - Bitcoin

#stocks #economy #investing