Stephanie Pomboy, Founder of MacroMavens, joins Jeremy Szafron on Kitco News to expose the "mischief at 0%" that she says is finally breaking the U.S. economy. With the government failing to produce an October unemployment rate due to the shutdown, Pomboy argues the Federal Reserve is "flying blind" into a potential policy error.
Pomboy breaks down why the "soft landing" narrative is crumbling, citing new data that 1 in 5 Russell 3000 companies are effectively zombies unable to service their debt. She analyzes the breaking news of UBS reportedly negotiating a move to the U.S. to escape Swiss regulations and reacts to Jeffrey Gundlach’s warning that the $1.7 trillion private credit market is "garbage lending."
From the 9.7% spike in consumer utility delinquencies to the end of the "primacy of paper over rock," Pomboy outlines a roadmap for the next six months—including her contrarian "no-brainer" trade to play the AI boom without buying expensive tech stocks.
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IN THIS INTERVIEW:
-The "Zombie" Crisis: Pomboy warns we are on pace for the fastest corporate bankruptcy cycle since 2015.
-Private Credit "Garbage": Why valuations in the $1.7T shadow banking sector could go from "100 to zero" overnight.
-The "Phantom" Data: How the BLS "Birth/Death Model" is overstating growth while real businesses fail.
-The AI Pivot: Why buying Energy stocks is the "levered bet" on AI that investors are missing.
CHAPTERS:
00:00 Introduction and Economic Overview
01:53 UBS Relocation and Capital Flows
03:37 The Dollar and Emerging Markets
08:12 Corporate Credit Concerns
15:19 Gold and Retail Investor Behavior
22:56 Tariffs and Economic Misconceptions
23:48 Consumer Impact of Tariffs
25:32 Interest Rates and Treasury Strategies
27:32 Corporate Bankruptcies and Economic Concerns
28:25 Utility Balances and Consumer Spending
30:48 Student Loan Debt and Economic Stimulus
36:30 AI Investment and Economic Implications
37:35 Gold and Hard Assets
42:38 Final Thoughts and Viewer Engagement
#StephaniePomboy #KitcoNews #Gold #PrivateCredit #EconomicCollapse #JeremySzafron #Recession2025 #UBS #Fed #MacroMavens #Bankruptcy #Silver
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