Episode Details

I start today's show with a non-financial story: Paddling is coming back to schools. I share some wild facts around corporal punishment laws… and my own experience as a Catholic school student—including what the nuns were really like.

The markets are in turmoil after Powell's speech last week at Jackson Hole. And the volatility has sent Genia's risk-hedge strategy into "overdrive." Be sure you've got the kind of protection she recommends in place before September 21—the next Fed meeting… It will be a make-or-break moment for markets.

I also highlight the statistic that shows a harsh recession ahead… 

In this episode 

• Corporal punishment is back in schools [1:17]
• Why you shouldn't trust Jerome Powell on inflation [4:10]
• A clear sign of a recession ahead [9:23]
• Why you'll want to go all in… or sell your stocks after September 21 [14:35] 
• The root cause of the massive inflation we're facing [21:00]

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