Highly-respected investor Kyle Bass returns for Part 2 of our interview with him. Here, Kyle warns of a coming era of stagflation & encourages investors to own assets that defend their purchasing power. He likes cash in the short term. And once the market corrects further, he likes US companies, hard assets & MNC's that avoid China. https://youtu.be/5lDNnaJnhfk Learn more about your ad choices. Visit megaphone.fm/adchoices...
Aug 26, 2022•55 min
2022 has been a difficult one so far for investors to successfully navigate. The US economy looks to be entering recession. Europe is in even worse shape. China is struggling, too, while tensions with Taiwan mount dangerously. This year has also had one of the worst 1st halves of the year for both stocks & bonds in history. And with economic growth contracting, inflation remaining at 40 year highs, and the Fed continuing to increase the cost of capital through rate hikes -- financial asset p...
Aug 25, 2022•49 min
The housing market is tipping into correction before our eyes. Home sales are dropping nearly 50% in certain markets. Listings inventory is ballooning. Price reductions are spiking. Perhaps this is all as should be expected when mortgage rates double in the span of a single year. But this is only just the beginning warns housing analyst Nick Gerli. He expects the price corrections to get much deeper as we head into 2023. https://youtu.be/UdgmR6qgmow Learn more about your ad choices. Visit megaph...
Aug 25, 2022•46 min
Is it really possible that the world's major fiat currencies could be replaced soon, perhaps by a hard-asset backed solution? Today's guest expert, Alasdair Macleod believes so, having the made the case on this channel a few months ago. We check in with Alasdair here to see how developments since his last appearance are affecting his outlook, as well as to hear his latest predictions for the price action for gold & silver. https://youtu.be/qP108NVGTmI Learn more about your ad choices. Visit ...
Aug 23, 2022•1 hr 18 min
The technical chart data looks really bullish here, observes financial advisor Lance Roberts . But none of the fundamentals do, he also warns. Bullish technicals. Bearish fundamentals. Which matters more? Lance and I tackle that key question, plus go on an epic rant about how excessive speculation is destroying Millennial and Gen Z investors. For everything that mattered in the markets this week, watch this week's Market Recap featuring Lance Roberts. https://youtu.be/nyPKHOGtqCs Learn more abou...
Aug 20, 2022•1 hr 35 min
European fund manager Diego Parrilla returns for Part 2 of our interview with him in which he explains why inflation, rising interest rates, arriving recession, energy crises and other macro headwinds are going to make the investing climate much more volatile and hostile from here. https://youtu.be/L565v8MZ_vg Learn more about your ad choices. Visit megaphone.fm/adchoices
Aug 19, 2022•1 hr 6 min
Inflation and slowing economic growth is affecting all corners of the globe these days, but perhaps nowhere as much as Europe -- which is also dealing with a massive energy crisis. We spend a lot of time focusing on the US economy on this program, 1) because the majority of this channel's viewers reside in the US and 2) it has the world's largest economy and, for better or worse, what happens in America drives much of the action the rest of the world reacts to. But today we're going to get a Eur...
Aug 18, 2022•51 min
Stephanie Pomboy reacts to today's latest data on retail sales, Fed rate hike outlook, jobs, credit conditions & inflation. In her words, it's difficult to see anything other than stagflation reigning for the rest of the year. Let us know in the Comments section below if you like this kind of real-time reaction from Stephanie to the news of the day. If you do, we'll do these shorter sessions with her more often. And don't forget to register for Wealthion's upcoming online conference on Sep 2...
Aug 18, 2022•27 min
Next month, join Lacy Hunt, Lyn Alden, Matt Taibbi, Grant Williams, Stephanie Pomboy, Brent Johnson, Nick Gerli, Doomberg, Rick Rule, Mike Maloney, Jeff Clark, Lance Roberts and the team from New Harbor Financial at Wealthion's online Fall Conference. https://youtu.be/dsVGZvNvfRw Learn more about your ad choices. Visit megaphone.fm/adchoices
Aug 17, 2022•9 min
The markets have now punched above an important resistance level & the bulls are suddenly talking about stocks zooming back to record highs. Is that even possible? There's a battle royal being waged right now between the bulls & bears. Fundamentals are grim and getting worse. But technicals look rosy. Which will win out? Financial advisor Lance Roberts and I tackle that tough topic, as well as many others, in this week's Market Recap For everything that mattered to markets this week, wat...
Aug 13, 2022•1 hr 26 min
Money manager Michael Pento returns for Part 2 of this interview to share how he is currently positioning his firm's portfolio for the 40% market correction he sees coming ahead. Cash, US dollar, long-dated US Treasury bonds & shorts are what Michael calls "The 4 Horsemen" -- the key assets you want to hold during a market crash. He's also has positions in gold and utilities at this moment, too. https://youtu.be/M2IRqmHcMBg Learn more about your ad choices. Visit megaphone.fm/adchoices...
Aug 13, 2022•1 hr 11 min
Money manager Michael Pento distrusts the current rally in stocks. He thinks it's a classic short-lived rally within a secular bear market. That, combined with the Fed interest rate hike campaign to tame inflation, which he expects to drive the economy into recession, is going to result in a 40% decline in stocks by Spring 2023. https://youtu.be/tKFDT50UVic Learn more about your ad choices. Visit megaphone.fm/adchoices...
Aug 11, 2022•1 hr 1 min
Macro analyst Jesse Felder returns for Part 2 of our interview with him in which he explains the math behind why the markets would need to decline by at least 50% to be considered anywhere close to "fairly valued" He then shares the assets he likes best for the challenging road he sees ahead over the coming year. https://youtu.be/abqDpTjyc44 Learn more about your ad choices. Visit megaphone.fm/adchoices...
Aug 10, 2022•29 min
The market is in danger, warns macro analyst Jesse Felder. The rise of inflation and the reversal of globalization is a HUGE paradigm shift that the market doesn’t appropriately appreciate it yet. The Fed’s hands are tied while inflation remains a challenge, and it likely will be for a long time because the new principal trends in play (on-shoring, tightening labor force) are inflationary. Taming inflation is going to be a protracted, painful process – and likely won’t go back to the disinflatio...
Aug 09, 2022•33 min
Every month we have our recommended financial advisors take your questions live. This month's live Q&A session was recorded a few hours ago. If you missed it, not to worry -- the full replay video is right here . Lots of great questions this month. We concluded on the big one: Is the bear market over, or will stocks & bonds reverse and start falling again? For that plus a boatload of other timely answers to your timely questions, watch the replay video of our latest Live Money Q&A. L...
Aug 08, 2022•1 hr 16 min
In this week's recap, Lance Roberts and Adam discuss everything that mattered to markets this week. https://youtu.be/BEBJNzh-r88 Learn more about your ad choices. Visit megaphone.fm/adchoices
Aug 06, 2022•1 hr 34 min
Brent Johnson, portfolio manager at Santiago Capital, returns for Part 2 of our interview with him to lay out the 4 assets he favors most given the strong US dollar. Cash, gold, productive land & blue-chip US equities are the assets he would "go to war with" -- though in the near term, he recommends waiting for the current bear market to bottom out before loading up on equities. https://youtu.be/Lv9nGQpiJbE Learn more about your ad choices. Visit megaphone.fm/adchoices...
Aug 05, 2022•55 min
2022 has seen the worst inflation in 4 decades, stubbornly persistent supply chain shortages, a contracting economy that may already be in recession & one of the worst first halves of the year for financial markets. And yet the US dollar is the strongest it has been in 20 years. That seems counterintuitive, unless you look through the lens of the Dollar Milkshake Theory. When you do, you understand an awful lot of what has been driving the action this year. To understand where the dollar is ...
Aug 04, 2022•52 min
Hedge fund expert Thomas Thornton returns in Part 2 of our interview with him to explain why the markets could well move sideways in a limited trading range for the next few years. https://youtu.be/ZIIjPrUKWTM Learn more about your ad choices. Visit megaphone.fm/adchoices
Aug 03, 2022•33 min
It remains a whipsaw year for investors, as both stocks and bonds are now up materially from their late June lows. Is this the 'all clear'? Will prices rise further over the remainder of the year? Or is this a classic bear market rally? One that lulls the bulls back in before returning to maul everyone? In uncertain times like these, it's wise to tap the counsel of those with decades of long-term success in the markets. So today we'll ask these questions of Thomas Thorton, former portfolio manag...
Aug 02, 2022•45 min
In this week's recap, Lance and Adam discuss everything that mattered to markets this week. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jul 30, 2022•1 hr 18 min
Researcher and money manager Louis Gave returns in Part 2 of our interview with him to discuss the acceleration away from the US dollar as a trade currency by many non-West countries. America's weaponization of semiconductors against China and of the West's financial system against Russia have forced those two countries to speed up their efforts to conduct trade in currencies other than the dollar. What will a world less dependent on the dollar look like? Does this trend open up any intersesting...
Jul 29, 2022•58 min
Many of the most important developments shaping events here in 2022 are happening outside of the US Obviously, Russia's invasion of Ukraine has upended the geo-political chessboard, as well as world trade and the energy & financial markets. China, too, is making waves that all nations feel. What decisions these two world powers make, especially in terms of what kind of relationship they choose to have with the West going forward, will have large & long lasting implications. To better und...
Jul 28, 2022•48 min
As the Fed is poised to crash the economy in order to stop the inflation it arguably caused, we ask one simple question: Do we really need a central bank or can the free market work things out? https://youtu.be/ZPcp4M9i5LM Learn more about your ad choices. Visit megaphone.fm/adchoices
Jul 26, 2022•1 hr 33 min
The market is at a key juncture. So far, the major indices have put in a higher bottom and have been slowly coiling despite bad news and downgraded forecasts. That suggests the conditions for a continued rally are firming up. Yet financial advisor Lance Roberts thinks that, fundamentally, it doesn't seem likely that current stock prices have yet fully priced in the impacts of the serious recession it appears we are heading into. Markets will soon have to pick a direction Which way are they likel...
Jul 23, 2022•1 hr 22 min
Portfolio manager Michael Lebowitz returns here in Part 2 of our interview with him to explain that a Fed pivot may not deliver the happy rescue many investors are currently anticipating. Like Bill Fleckenstein, Michael thinks if/when the Fed pivots, if inflation is not fully tamed (which looks increasingly unlikely to happen anytime soon), the bond market's confidence in the Fed will be broken. As a result, the bond vigilantes will send credit yields higher, not lower as many are currently expe...
Jul 22, 2022•1 hr 3 min
For decades now, nations have been taking on debt far faster than their GDP has grown. They've kept the borrowing binge alive by having their central banks conspire to push interest rates ever lower. But that process is unsustainable. It's a limited-time swindle that ends when the debt service costs become too onerous. And the massive amounts of new debt issued in the wake of the pandemic have rocketed us down much of the remaining limited amount of road the system had left until it reaches its ...
Jul 21, 2022•50 min
As governments increase their debt, servicing that debt becomes a bigger and bigger problem. That's especially true if the pile of debt is growing much faster than the underlying economy, which has been the case for decades. This forces central banks to print more new currency in order to enable their governments to handle the debt service payments. But once inflation starts becoming an intractable problem & interest rates can no longer be suppressed, the system breaks. History is clear on t...
Jul 20, 2022•1 hr 8 min
TIPS are issued by the US Treasury and are indexed to inflation in order to protect investors from a decline in purchasing power of their money. They have a fixed inflation rate and a principal that is adjusted according to the changes in the CPI-U This video explains how they work, their advantages & disadvantages, and how they compare to I-bonds. https://youtu.be/qFtPlqnQJ9A Learn more about your ad choices. Visit megaphone.fm/adchoices...
Jul 19, 2022•17 min
The US dollar index hit a 20-year high of 109 this week. This is creating increasing pain for other countries, especially those with Eurodollar loans, as servicing those is becoming more expensive — at the same time that import costs are rising. Multinational companies are also feeling the squeeze, as their overseas revenue declines due to weakening demand and increasingly unfavorable exchange rates. Somewhat ironically, this is happening at the same time when US inflation, as measured by the Co...
Jul 16, 2022•1 hr 37 min
