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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