Andrew Hoffman – Californinflation, Here We Come

Another Monday with Andrew Hoffman… Listen in as we discuss:

• Gold gets hit as usual;
• Janet Yellen in less than a week backtracks;
• Nasdaq rescue underway;
• Record margin debt;
• Horrible hedge fund performance;
• Japan industrial production down 2.5%;
• Inflation at 5 year in Japan;
• Consumer spending down 2.5% in Japan;
• Japan PMI down and Yen getting crushed;
• China bubble continues to get crushed bank write-offs way up;
• Europe negative interest rates coming or QE to infinity;
• US just this year food 19% and gasoline up 11% but inflation under control;
• Thank you Janet Yellen;
• Californinflation!

Click Here to Listen to the Audio