Is the U.S. in the heat of a recession right now? A recent jump in bankruptcies resembles that of the Great Financial Crisis, Danielle DiMartino Booth, CEO and Chief Strategist for QI Research, tells Jeremy Szafron, Kitco News anchor, on the sidelines of the New Orleans Investment Conference. Booth discusses a range of topics, including the state of the U.S. economy, revisions in job market data, government versus private sector employment, and the impact of political shifts on economic policies. She also shares her latest take on recession timelines, the role of Elon Musk in government efficiency, and the challenges facing the Federal Reserve.
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00:00 Introduction: Economic Data Overview
03:55 Recession and Economic Outlook
04:33 Corporate Layoffs and Attrition
05:28 Musk’s Government Efficiency Initiative
07:58 Bankruptcies and Personal Debt
09:57 Federal Reserve and Interest Rates
18:33 Bitcoin, Gold, and Investment Strategies
#Fed #gold #recession #economy
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