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August 2, 2022 | Housing Leading The Economy into Recession

Danielle Park

Portfolio Manager and President of Venable Park Investment Counsel (www.venablepark.com) Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog: www.jugglingdynamite.com

Eric Basmajian explains what the 2022 housing downturn means for the coming recession. Here is a direct video link.

He further reviews the significance of other economic indicators in this audio segment.

In Episode 263 of Hidden Forces, Demetri Kofinas speaks with Eric Basmajian. Eric is an economic cycle analyst and the Founder of EPB Macro Research, an economics-based research firm focusing on inflection points in economic growth and the impact on asset prices.

The chart below from Cornerstone Research depicts Eric’s point about macro forces being far more impactful on stock prices than individual company news. Shifting sector weights to keep holding stocks heading into a recession is like shifting deckchairs on the Titanic. Yet, long-always remains the modus 0perandi of the fee-focused financial sector.

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August 2nd, 2022

Posted In: Juggling Dynamite

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