Episode Details
Back to EpisodesHow sex workers are benefiting from inflation
Description
The World Economic Forum is meeting in Davos, Switzerland this week… giving us an up-close look at the so-called "global elites." Daniel and I discuss why these world leaders are hypocrites. We also highlight the industry that benefits the most from this meeting: high-end sex workers… and how inflation is hitting escort prices.
Markets are rising after the latest Producer Price Index data came in lower than expected. I hate to pour cold water on this rally… but a little-known indicator says we're due for a pullback.
The latest results from Interactive Brokers Group (IBKR) show how rising interest rates are benefiting certain corners of the financial sector. I share which brokerage stock I'm most bullish on… why investors should avoid the banking sector for now… and a word of warning about how the stock market will struggle when the Fed starts cutting rates.
In this episode
- The Davos meeting is great for prostitution [0:30]
- Why investors should expect a market pullback soon [6:15]
- Buy this sector while interest rates are rising [19:20]
- Things will get ugly when the Fed starts cutting rates [30:16]
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