Economic Chaos: Stephanie Pomboy Explains Why Cash and Gold Are the Smartest Moves Right Now

In an exclusive interview with Kitco News' Jeremy Szafron, Stephanie Pomboy, the founder of MacroMavens, delivers a hard-hitting analysis of the U.S. economy. As July’s retail sales surge masks deeper problems, Pomboy exposes the dangerous reliance on consumer debt and unsustainable spending fueled by credit. She issues a stark warning about the Federal Reserve's potential rate cuts and the escalating threat of a severe economic downturn. With a conservative approach anchored in cash and gold, Pomboy emphasizes the looming risks for both Main Street and Wall Street. Don’t miss her sharp critique of the "moral hazard" threatening the American economy.

Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow)
Follow Stephanie Pomboy on X: @spomboy (https://twitter.com/spomboy)

00:00 - Introduction & Overview of July’s Economic Data
01:24 - Retail Sales Breakdown: What's Driving the Surge?
03:11 - Consumer Debt Crisis: Is Spending Sustainable?
05:28 - Unemployment Claims & Labor Market Realities
07:49 - Corporate Earnings vs. Economic Reality
09:39 - Regional Economic Concerns vs. National Trends
13:14 - Risks of Rising Consumer Defaults and Economic Downturn
18:45 - Defensive Investment Strategy: Cash and Gold

#Economy #MarketAnalysis #Investment #Gold #StockMarket #Finance #EconomicOutlook #FederalReserve #Inflation #ConsumerSpending #Unemployment #RetailSales #CreditCardDebt #InterestRates #InvestmentStrategy #Recession #FinancialNews #GoldInvestment #USEconomy #MacroEconomics #EconomicTrends #MarketUpdate #FinancialAdvice #StephaniePomboy #KitcoNews #JeremySzafron #MoneyManagement #WealthManagement #EconomicForecast #DefensiveInvesting #GoldMarket #FinancialMarkets
__________________________________________________________________
Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news.

SUBSCRIBE to our channel to stay up to date on the latest market and industry news.

For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets - visit us at https://www.kitco.com

To get market updates on the go, download the Kitco Gold Live! APP - https://applications.kitco.com

Stay connected:

Twitter - https://twitter.com/kitconewsnow
Instagram - https://www.instagram.com/kitconews
Facebook - https://www.facebook.com/KitcoNews
LinkedIn - https://www.linkedin.com/company/kitconews
StockTwits - https://stocktwits.com/kitconews

Live gold price and chart: https://www.kitco.com/gold-price-today-usa/
Live silver price and chart: https://www.kitco.com/Silver-price-today-USA/
Live crypto market data: https://www.kitco.com/price/crypto/

Learn more about Kitco News: https://www.kitco.com/news/about/

For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: www.kitco.com/advertising

Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.