Wealthion's Adam Taggart interviews macro-economic analyst Stephanie Pomboy

A few posts ago I said Danielle DiMartino Booth was one of my two favorite macro economic analysts.  The other one, and the first of the two I discovered, about six months ago, is Stephanie Pomboy.  She lays out her view of the macro picture in this two part interview.  You can find out more about Stephanie at her website, Macro Mavens.

Disclaimer

As I've written many times, across several blogs, There were two ultra-long term theories that led me to believe, back in about 2016-17, that we were in for a major, long, economic downturn, beginning around 2020.  Those two theories/concepts were The Third Wave by Alvin Toffler, and the Law of Social Cycle, by P.R. Sarkar, from India.  There were also some mid term cycles that, along with those two above, that all seemed to be converging towards major inflection points in the early 2020's.  When a whole bunch of completely different trends and cycles all point to inflection points about the same time, there's a really good chance something really big will happen.  That was my Big Picture take on things back in 2018-2019, looking towards 2020 and beyond.  

So, back in 2019, I expected some really crazy economic times ahead, and those assorted ideas about long term cycles gave me a 70,000 foot view of the coming recession (depression?), and gave me an idea what to look for.  But how the whole recession would play out depended on The Fed and many other factors.  I definitely did not expect the pandemic to spark the initial crash, and totally did not expect The Fed to flood the U.S. with six trillion newly created dollars.  Now we have a 3 1/2 year track record of The Fed doing really unexpected things.  

In any case, since late 2019, I've looked for really smart people who understood parts of the economic picture, to get their take on what's actually happening in the economic world, and how things are most likely to play out over the next year or two.  Stephanie Pomboy kicks butt in figuring out the macro picture, coming from the corporate angle.  If you want a good idea of what's happening economically in the world right now, and how things are likely to play out in future months, watch this video.  

Here's part two of the interview, which is about another half hour.

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