The Capitalist Investor

What the Heck is a Recession... White House Changes Definition, Ep. #137

July 27, 2022 Mark Tepper
The Capitalist Investor
What the Heck is a Recession... White House Changes Definition, Ep. #137
Show Notes

Do you believe in coincidences? How attached are you to textbook definitions? This week, Derek, Luke, and Tony talk about politicians and corporations buying time – or perhaps pitching lies. As we approach the second quarter GDP reading, the White House quickly adjusted the concrete definition of a recession to soften the administration’s blow, meanwhile companies are holding back a bit of the blunt truth on their earnings calls. The guys also touch a bit on the latest insider trading hint in the House of Representatives and Nancy Pelosi’s husband’s stock buying game. Episode #137 of “The Capitalist Investor,” is about calling out the nonsense unfolding from those we should all hold accountable. 

 Outline of This Episode:

 ●  [2:00] Recession; defined as… 

●  [10:50] Earning season visions 

● [16:35] Insider trading on Capitol Hill