In this regular Radio Free Wall Street podcast for subscribers with Lee Adler and Russ Winter, they debate the potential for deterioration in the US fiscal situation. Lee talks about how to interpret Federal withholding tax data, why the initial release of the jobs number is misleading and why the August number will be revised up sharply. They then have an explosive discussion of how the Fed and Treasury have rigged the markets, how poorly the Primary Dealers have done in timing the bond market, and what that means for their profits and the market going forward.
This is the most explosive, emotional podcast Winter and Adler have ever done as they debate where the market is headed and why. You must not miss this.
This is a subscriber only podcast, subscribers may click here to listen.
If you are not a subscriber, click here to listen to the August 19 podcast – Crash Omens Everywhere.
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