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#241 Chris Whalen: No Recession This Year, Fed 'Playing Chicken' With Trump, No 'Big Selloff' Expected Without External Event
Chris Whalen, chairman of Whalen Global Advisors and author of The Institutional Risk Analyst blog, returns to The Julia La Roche Show for episode 240 to discuss markets and the state of the economy.
Sponsor: This episode is brought to you by Monetary Metals. https://monetary-metals.com/julia
Whalen explains why market euphoria has faded under Trump's "shock and awe" strategy. Banks face a $3 trillion mortgage securities problem yielding under 3% against 3% funding costs. He notes the FDIC has stopped reporting troubled bank asset totals after 35 years, suggesting numerous insolvent…
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