Tag: Henry Kaufman

Exclusive Interview with Dr. Henry Kaufman about the Economy, Interest Rates, Cryptocurrency, Inflation, & the Loss of Capitalism

by Fred Fuld III

The following informative interview was provided by Dr. Henry Kaufman, former economist at the Federal Reserve Bank of New York who later became a senior partner, managing director, chief economist, and director of research at Salomon Brothers, the most profitable investment bank in the world at the time. He was a frequent guest on Wall Street Week with Louis Rukeyser.

Dr. Kaufman’s Latest Book

His latest book, The Day the Markets Roared: How a 1982 Forecast Sparked a Global Bull Market provides the reader with the background of how the author predicted and sparked one of the biggest bull markets in history, and how the past can give insight into the future. It will be released on April 6, but can be preordered now. You can find more details about the book on a previous post.

We cover a lot in this concise interview, including:

  • The Economy
  • Interest Rates
  • Cryptocurrency
  • Gold
  • Inflation
  • National Debt and Deficit
  • Credit Quality
  • The Movement of the US Away from Capitalism and towards Statism

The Dr. Kaufman Interview

Enjoy listening to the great insights and information that Dr. Kaufman provides.

To stream the interview, click:

HERE

You can also download the interview as an mp3 by right-clicking here and choosing “save as.”

Other Books by Dr. Henry Kaufman

On Money and Markets

Tectonic Shifts in Financial Markets

The Road to Financial Reformation

Interest Rates, the Markets, and the New Financial World

Enjoy the interview, enjoy his latest book, and Happy Investing!

 

All opinions are those of Dr. Henry Kaufman, and do not represent the opinions of this site or the interviewer. Neither this site, nor the interviewer, nor the interviewee are rendering tax, legal, or investment advice in this interview.

 

 

 

 

 

 

Earnings may be generated from qualifying purchases of books from Amazon Associate affiliate links on this page.

The Day the Markets Roared: How a 1982 Forecast Sparked a Global Bull Market

by Fred Fuld III

The book, The Day the Markets Roared: How a 1982 Forecast Sparked a Global Bull Market, by Dr. Henry Kaufman, provides the reader with the background of how the author predicted and sparked one of the biggest bull markets in history, and how the past can give insight into the future. The book was released this week.

If you are not familiar with Kaufman, he was a former economist at the Federal Reserve Bank of New York who later became a senior partner, managing director, chief economist, and director of research at Salomon Brothers, the most profitable investment bank in the world at the time.

The older generation should remember him as a frequent guest on Wall Street Week with Louis Rukeyser.

The book goes into great detail about the events leading up to the beginning of the 1982 bull market and what happened afterwards. The Day the Markets Roared discusses the background of how Kaufman went from bearish to bullish.

At times, he received much criticism and threats for his opinions. These included physical threats, which even involved the FBI. My favorite chapter was Chapter 6 – Critics, Threats, and Humor, where he covers the extensive criticism he received from the press and even a death threat.

Probably the most important chapter is Chapter 10 – New Realities, which is a fascinating and unique analysis of the present day economy. Kaufman goes into detail about how COVID-19 has affected businesses, individuals, and state and local governments in the United States.

He also emphasizes how overall credit quality has been affected. Did you know that today, only two business corporations have a triple-A rating versus 61 in the 1980s?

Plus, there is extensive information on the past and present moves by the Federal Reserve Board.

Kaufman has a strong track record, and he has intriguing opinions about where the American economy stands now and where it is headed.

Therefore, I highly recommend that you get  The Day the Markets Roared as it was released this week. It just might save your portfolio.

 

 

 

 

This page includes Amazon Associate links