An inflationary supply chain breakdown in China will begin to have dramatic consequences in the US around the same time as an impossible situation in the sovereign debt crises in Greece and Illinois could lead to a blow up in the financial system. Lee Adler and Russ Winter of the Wall Street Examiner and Winter Watch reveal how the scenario may unfold in part 1 of this podcast, free to all visitors (28 minutes).
They tell how and when they expect these issues to impact the market. They also cover the “news versus the reality” on this week’s economic data releases, revealing the real meaning behind the data, which the mainstream media usually misses or misinterprets.
In part 2, for Radio Free Wall Street subscribers, we continue the discussion of news versus reality and take a closer look at what this week’s Treasury auctions tell us about the health of the system, and the outlook for the markets in the weeks ahead, based on Russ’s proprietary research in Russ Winter’s Actionable, and Lee’s work covering the Fed, foreign central banks, Primary Dealers, and commercial banks in the Wall Street Examiner Professional Edition. Join us at Radio Free Wall Street.
Charts with today’s podcast-
Business Insider Emails & Alerts
Site highlights each day to your inbox.