UnderTheLens – JUNE – 05 22 24 – Election Economics by the Unelected, Indentured Triumvirate

Introduction

• The video is for educational and discussion purposes only.
• Consult a professional financial adviser before making any investment decisions.

Election Year Dynamics

• Economic reporting is being manipulated to match the election year narrative.
• Both parties use similar tactics to influence voters during election years.
• Promises made during elections are seldom delivered.

Current Economic Conditions

• Spending has increased by $1 trillion in the last 90 days.
• Retail sales are slowing, and consumers appear to be financially stretched.
• New and expanded taxation is expected after the election.

Inflation and Interest Rates

• Inflation levels are not fully under control.
• The era of falling interest rates has ended.
• The increase in interest rates has led to the greatest four-year loss in over 100 years.

Future Economic Outlook

• Spending is expected to increase further, leading to higher inflation.
• The bond market is experiencing the third greatest bear market in history.
• Rate cuts are unlikely to be sustained much beyond the election in late 2025.

Election Year Strategies

• The government aims to lower rates and inflation while maintaining a strong economy.
• Fiscal deficit spending and Fed rate cuts are expected to address a slowing economy.
• Election year spending will focus on green sustainability programs, climate change, foreign security, and other popular issues.

Key Players and Their Roles

• Janet Yellen, Secretary of the Treasury, is injecting liquidity into the economy.
• Jerome Powell, Federal Reserve Chairman, is signaling that rates will not go higher.
• Julie Su, acting Labor Secretary, is influencing labor statistics to support the election narrative.

Market Implications

• The bond market is being manipulated to achieve lower interest rates.
• Yellen’s actions are aimed at ensuring lower rates and higher prices for leveraged hedge funds.
• The labor market data is being adjusted to fit the election narrative.

Investment Considerations

• Investors should be cautious and not follow traditional approaches blindly.
• The current economic policies may lead to stagflation.
• Opportunities exist, but careful analysis and informed financial advice are crucial.

Conclusion

• The video emphasizes the importance of understanding the political and economic landscape.
• Investing requires careful analysis and a knowledgeable financial advisor.
• The speaker hopes for a successful investment year in 2024.