Is The Market Top Here? Henrik Zeberg Explains

Henrik Zeberg, head of macro at Swiss Block, makes the case that the US economy is already deteriorating beneath the surface while the stock market runs to new highs. Credit card delinquencies are now above their peak levels from 2008 and 2009. Surveys show consumers fear losing their jobs more than falling seriously ill. Labor markets are softening and home prices are beginning to fall in certain states. The labor market is 70% of GDP through private consumption. And consumers are already feeling it. Helpful links: tastylive: https://www.tastylive.com/ Get Tom's pre-market analysis every morning: tastylive.com/newsletters FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 Follow tastylive on X: https://x.com/tastyliveshow CHAPTERS: 00:00 The economy is deteriorating beneath the surface 02:00 Labor market as the true recession signal 03:00 Credit card delinquencies above 2008 peak 04:00 Consumer fears and home price declines 05:30 AI euphoria vs real economy fundamentals 07:00 Why the market can still run higher short term 09:00 The 2000 parallel: 45% run in 6 final weeks 11:00 What indicators to watch before taking chips off the table #recession #stockmarket #macroeconomics #trading #interestrates #inflationreality tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we’ll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. (“tastylive”) and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims (including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.