The Illusion of GDP Growth: What's Really Behind the Numbers? - Ted Oakley

Jeremy Szafron, Anchor at Kitco News, interviews Ted Oakley, Managing Partner and Founder of Oxbow Advisors. In this discussion, Oakley shares his insights on the current economic landscape, highlighting the real impact of inflation on GDP growth, the divergence in economic conditions within the U.S., and the potential risks of the debt market. He also delves into investment strategies amidst market volatility, the implications of potential rate cuts, and the sustainability of current economic policies. Oakley provides a nuanced view of the global economic outlook, emphasizing the importance of strategic investment in today’s unpredictable market.
Follow Jeremy Szafron on X: @JeremySzafron ( / jeremyszafron )
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00:00 - Introduction
01:47 - Ted Oakley on GDP Forecasts
03:10 - Inflation's Impact on GDP Growth
04:37 - Divergence in U.S. Economic Conditions
06:09 - Potential Rate Cuts and Investor Strategies
07:33 - Market Volatility and Historical Trends
08:53 - Consumer Spending vs. Inflation
10:57 - Year-End Investment Strategies
12:54 - High-Yield Investments and Risk Management
17:59 - Energy Sector Investments and Long-Term Outlook
#Economy #Finance #Investing #GDP #Inflation #RateCuts #MarketVolatility #ConsumerSpending #EnergyInvestments #TedOakley #KitcoNews #JeremySzafron #InvestmentStrategies #EconomicOutlook #HighYieldInvestments #DebtMarkets #FinancialPlanning #EconomicAnalysis #StockMarket #TreasuryRates
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[@maxangeles6279]

Ted Oakley is a great guest speaker on any financial panel. Very smart guy.

[@jeffersonblackmon]

Ted Oakley, always a good interview. Ted is open and very honest.

[@E_incognito]

We need more classic southern gents in our world

[@user-lu1yo9qf9k]

A very practical, balanced leader.

[@tonylinardi3089]

Always enjoy Ted's perspective! Thank you

[@mjbucar]

Ted Oakley's insightful comments are ALWAYS appreciated and enjoyed.

[@Elsa-qy9hr]

"Remember, it's NOT what seems to be, it's what is." Perception is not everything if your Perception is skewed & most have a skewed Perception.

[@crouchhill]

I have a great respect for Ted, he has walked the walk in his life.

[@not_nostradamus683]

Missing from the GDP discussion is that the Federal deficit spending ($1.7T USD) is counted once when it is created. When the Fed deficit funds are spent by the recipients it is counted a second time. Subtract these from the official GDP numbers and GDP is flat or negative, which matches the low consumer sentiment.

[@tonybarnes1013]

Take $1.7T out of budget and you have civil war and depression

[@detectiveofmoneypolitics]

Economic investigator Frank G Melbourne Australia is still following this content cheers Frank

[@stephenbrown906]

As always Ted's right on... Especially about the status of the United States right now is far from the most powerful country in the world

[@ALANGREENSPAN420]

🚨BLACK🚨SWAN🚨SEASON🚨

[@evolassunglasses4673]

GDP is a crazy measurement when you brake down whats included.

[@deanchristie3829]

US electricity consumption is flat since 2008. US oil consumption has been up and down but is only up about 20% since 2008.

[@andrasgergely1051]

You have to pay back debt then no problem of crediting to you, buying TBs will not be problem anymore.

[@mutantryeff]

When most of the GDP is derived from government spending, we are closer to communism; when most is derived from private spending, we are closer to capitalism.

[@bellakrinkle9381]

Some prefer to call it socialism for the rich. Professor Vaknin says the US has not experienced capitalism in 400 years.

[@mutantryeff]

@@bellakrinkle9381 Socialism is just the enslavement of everyone's income through taxation to selectively benefit the politicians through donations and/or votes.

[@danw6380]

Crony capitalism is worse. Welcome to modern america.

[@tempst4]

Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 2.1BTC to a decent 11B TC in the space of a few weeks... I'm especially grateful to Aaron Gavin whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..

[@ALANGREENSPAN420]

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[@danw6380]

Money is more important than ice. Bake the children. Stay rich!

[@neilweston7605]

comsuming getting taxed.nill money to spends.hgher cost 50% inflation feela like 100% cof my shares i owns in oil.

[@Al-yu6bq]

GDP is inflation

[@mutantryeff]

If I can grow 3 watermelons instead of 2, my part of the GDP goes up as more can purchase watermelons and the price go down (deflation).

[@Al-yu6bq]

​@@mutantryeff That was economy of the medieval age, Nowadays there are doctors taking money for elderly and sick people, lawyers, sport people, politician. Most of the economy in developed countries don´t product anything. People are not richer thant 50 years ago with less GDP, GDP is in local currency

[@mutantryeff]

@@Al-yu6bq GDP is not inflation. Taxation is enslavement. Dilution of the currency is inflation.

[@B_knows_A_R_D-xh5lo]

😊😊😊😊😊😊

[@danw6380]

Tax some of the $60 Trillion the 1% is sitting on. Pay down the debt. Not that complicated.

[@haroldgilbert6707]

With products prices up 25 percent lol GDP number up duh 🙄 damn $ value down example 4 wheel drive loaded new truck 2 years ago 59,000$ now 92,000 🤦‍♂️just go to sleep it will Be fine !!!

[@OliviaMarieSmith-ei8hy]

Hallelujah!!! I’m the favorite, $60,000 every week! Now I can afford anything and also support the work of God and the church.

[@WakeMceachron]

Oh really? Tell me more! Always interested in hearing stories of successes.

[@OliviaMarieSmith-ei8hy]

After raising up to 60k trading with her, I bought a new house and car here in the US and also paid for my son’s (Oscar) surgery. Glory to God.shalom.

[@grizzlymartin1]

@16:30 ish, he needs to understand the disruption of BESS (battery elec stationary storage). CATL CEO said it best recently: “We are getting so good at battery recycling we won’t need to mine those minerals in 15 or 20 years.” It’s very unwise not to appreciate the ramifications of that, that have already begun. FYI.

[@IOSALive]

Kitco NEWS, You're awesome! Let's be friends and play together!

[@ALANGREENSPAN420]

🪙STACK🪙SILVER🪙GATHER🪙GOLD🪙