#188 Chris Whalen On The Difficult Economic Environment Ahead
Investment banker and author Chris Whalen, chairman of Whalen Global Advisors, who is also the author of The Institutional Risk Analyst, returns to The Julia La Roche Show for episode 188 to discuss the economy. This episode was recorded on Friday, Aug. 2. Links: Twitter/X: https://twitter.com/rcwhalen Website: https://www.rcwhalen.com/ The Institutional Risk Analyst: https://www.theinstitutionalriskanalyst.com/ Stanley Middleman book: https://www.amazon.com/Seeing-Around-Corners-Achieving-Business/dp/B0D5PTSJVC/ Timestamps: 00:00 Welcome back Chris Whalen 01:00 Big picture view and the troublesome rate of change 2:30 10-year yield 04:15 An inflection point 06:15 Risks in corporate credit and commercial real estate 09:15 A difficult economic environment ahead 12:50 Upcoming election 15:00 Why the Fed won't cut before the election 16:40 Opportunities 18:40 Fannie and Freddie 23:08 Velocity of the change 24:00 Consumers 26:16 Opportunities for Lenders 28:00 Inflation problem