Stock markets are totally high (E1284)
In this episode of the Keiser Report, Max and Stacy discuss the manic gyrations in stock markets as investors get high on their own supply. They also discuss the yield curve failing to invert, and the ‘free’ investing app raking in millions from selling their millennial customers’ data. In the second half, Max interviews Mish Shedlock of MishTalk.com about US jobless claims hitting their lowest numbers since 1969, consumer confidence hitting its highest in decades, and household net worth climbing by over $2 trillion in the second quarter alone. Will these great economic data – at least on paper – have any impact on midterms?
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