39. Debt downgrade sends a warning as bond bloodbath unfolds

  Welcome back to Milkshakes, Markets, Madness. Additional weekly content, including a Monday “Peek at the Week” and a Midweek Update, are available exclusively on the YouTube Channel. If you are new to the show please read the LEARN MORE section which follows the show description and chapter timestamps further below. On our website there is an embedded video above and an audio player at the bottom of the page DESTINY WITH DEBT Investors are holding their breath as the stock market took a step back this week amidst an absolute bloodbath in bonds. Meanwhile, in a surprise move Fitch downgraded the U.S. credit rating. However, despite the U.S. Treasury announcing another $1.3 Trillion of new debt issuance before year’s end, remember it is a relative game – the U.S. doesn’t go down without every other nation going down with it. The questions still remains, not if but when, however the global debt bubble’s final date with destiny seems to be approaching quickly. Learn more on the latest Milkshakes, Markets, Madness Show. https://youtu.be/E-b14UM_dGg ————————————– SEASON 01, EPISODE 34 ————————————– 00:00 – Title screen 00:03 – Disclaimer 00:05 – Video intro (25 seconds) 00:31 – Started from the bottom 02:04 – Shoutout to the real ones 02:59 – Yellow YOLO 04:17 – Bond bloodbath and the return of volatility 05:57 – Fed feeling good 08:52 – Relative game 10:07 – Hold your horses 11:33 – Bank Crisis 2.0 14:48 – Liquidity 17:30 – Stock pullback 19:07 – On the horizon 21:26 – Bonds vs U.S. Dollar (MMM at Jackson Hole) 23:38 – Coupon vs. Yield 25:48 – U.S. credit downgrade 31:45 – Debt forgiveness (Milken Conference story) 33:32 – Will U.S. rates go negative 35:32 – Salutations 36:46 – Final thoughts (Volatility) 37:11 – Outro 37:25 – Disclaimer ——————— LEARN MORE ——————— Every week, Brent Johnson and Jon Kutsmeda invite you to share a laugh at their favorite Twitter tantrums, and the madness of financial markets. If you are tired of drawn out, jargon filled, boring financial podcasts, then tune in for Milkshakes, Markets, & Madness to enjoy the lighter side and off-topic discussions that include sports, politics, memes, travel, and whatever fun they find during the week. For anyone who is unfamiliar with our hosts, or new to the Dollar Milkshake Theory, please visit the About Us section of this website for additional links that help explain it all. —————————— JOIN THE MADNESS —————————— Share your thoughts with a comment on the