According to today's headlines, it's looking increasingly likely that the economy may dodge a recession. The calls for a "soft landing" are turning into ones of "no landing at all". The same headlines tell us the markets are in great shape and will be powered higher from here by a new AI-driven profitability boom. But according to today's guest, highly-respected economist & award-winning researcher David Rosenberg, founder & president of Rosenberg Research, the headlines are selling a fa...
May 31, 2023•1 hr 1 min
Coal miners were famous for bringing canaries down into the mines with them, as the birds served as an early warning system for poisonous gases. If the canary suddenly died, that was an important signal for the miners to drop everything and rush back to the surface. Today's guest expert, macro analyst John Rubino, has shared with us in the past the early warning indicator he watches closely to alert him when a recession is likely about to hit. And that indicator has suddenly started flashing a b...
May 30, 2023•1 hr 14 min
Portfolio manager Lance Roberts & Wealthion founder Adam Taggart recap the major developments of the week, including: late breaking news of a possible debt ceiling deal AI bubble rages on. Better to play it or sit out? new data showing inflation is stickier than hoped for (especially in services) why the time for moving into longer-dated Treasury Bonds is likely upon us the trades Lance's firm made this week ************************************************* At Wealthion, we show you how to p...
May 27, 2023•1 hr 41 min
Macro expert and money manager Michael Pento returns for part two of our interview with him in which he suggests that the S&P 500 could drop by 30-40% to around 3,000 points if market forces were allowed to operate naturally. This drop would correspond to a severe recession or deflationary period. He expresses concern about the permanent monetization of debt, which could significantly impact inflation and growth rates. Michael also emphasizes that his model provides early warning signs of wh...
May 27, 2023•1 hr 12 min
Are you scratching your head at the disconnect between the macro data and current market prices? Are you flummoxed how stocks can be performing so well so far this year when so many economic indicators are at recessionary levels? Is determining how to allocate your portfolio in the midst of these contradictions making your head hurt? If you answered 'yes' to any of these you'll be glad to hear that money manager Michael Pento. is returning to the program today. Always one to bring clarity to the...
May 25, 2023•1 hr 2 min
There is no shortage of opinions out there about where the economy is headed right now. You'll find equally vocal advocates for a hard landing vs a soft landing. And a growing number saying there will be "no landing at all" and a new bull market lies ahead. When there are so many voices at odds with one another, it's useful to look closely at the data and take measure of what simply "is". What are the economic conditions, right now, telling us? To do just that, we welcome Wolf Richter back to th...
May 24, 2023•1 hr 8 min
The systems that run our economy are only as good as the people running them. With hot inflation, the recent debt ceiling standoff, bank failures & scandals like FTX -- it's understandable to wonder if we couldn't find better leaders than the ones we current have in place Which is shy we're very fortunate to have Bethany McLean join us on the program today. A Slate columnist and contributing editor for Vanity Fair, Bethany worked for thirteen years as editor-at-large at Fortune, where she an...
May 23, 2023•1 hr 7 min
This Live Q&A session included discussions with Michael Lebowitz from Real Investment Advice, Jonathan Wellum from Rocklink Financial, and John Llodra and Mike Preston from New Harbor Financial. The group discussed various aspects of the current financial market, including perspectives from both the US and Canada. The panelists talked about the impact of political theatrics on financial markets. They noted that while the US is unlikely to default, the current political climate might lead to ...
May 22, 2023•1 hr 6 min
Portfolio manager Lance Roberts & Wealthion founder Adam Taggart recap the major developments of the week, including: - the surge in A.I. share prices - is a new stock bubble in the making? - the latest debt ceiling developments - rising bond yields - the trades Lance's firm made this week ************************************************* At Wealthion, we show you how to protect and build your wealth by learning from the world’s top experts on finance and money. Each week we add new videos t...
May 20, 2023•1 hr 38 min
Legendary investor and real estate mogul Sam Zell passed away yesterday. He was a plain-spoken voice of reason and experience, unafraid to speak truth to a market often unwilling to hear it. A lifelong real estate investor, Zell had been selling off many of his properties over the past years as he couldn't justify the high prices the markets were willing to pay. In today's video, we listen closely to the counsel he offered in one of his final interviews. Wise words from a wise elder the world is...
May 19, 2023•1 hr 8 min
The investing landscape has changed dramatically over the past year with the removal of record monetary and fiscal stimulus and the subsequent surge in inflation and interest rates. How are the expert investors navigating this new environment? As the expected returns for many asset classes suddenly look quite different from what they've been over the previous decade, where are the pitfalls to be aware of? And where are the new opportunities emerging? To discuss, we're fortunate to be joined toda...
May 18, 2023•1 hr 8 min
For most people, tax season is behind us now -- phew! But that doesn't mean we can push taxes to the back burner until next year. Far from it! In fact, today's guest, Tom Wheelwright, CPA, Entrepreneur, Best Selling Author, Rich Dad Advisor® & International Authority on Tax, is here to remind us that RIGHT NOW is the time when your accountant can help you the most in terms of minimizing the taxes you'll need to pay in this current 2023 tax year. There are a number of potential steps you can ...
May 18, 2023•1 hr 5 min
If you' re planning on possibly purchasing or selling a car in the near future, or just curious about how the latest gyrations in the auto market are impacting your current car's value, you'll want to listen up to today's guest. Automotive YouTuber Lucky Lopez returns to the program to give us his latest boots-on-the-ground reporting on the key trends driving supply, pricing & lending in the car market right now. ************************************************* At Wealthion, we show you how...
May 16, 2023•56 min
Without prompting, the majority of experts recently appearing on this channel have agreed that gold is looking well-positioned to move higher in price, potentially substantially higher, this year. And that's on top of gold's strong start to the year. It's up nearly 11% since early January and is currently not far from its all-time high. So it's time to take an intentionally close look at the gold market and its prospects. To provide that for us, we're fortunate to speak today with Joe Cavatoni, ...
May 15, 2023•1 hr 18 min
Portfolio manager Lance Roberts & Wealthion founder Adam Taggart recap the major developments of the week, including: the April CPI/inflation number, which fell slightly to 4.9% the recent surprise jump in initial jobless claims the looming showdown over the debt ceiling & its potential repurcussions the bullish AND bearish cases for the markets the trades Lance's firm made this week ************************************************* At Wealthion, we show you how to protect and build your...
May 13, 2023•1 hr 37 min
Even the titans of investing are worried these days. Legendary investor Warren Buffet declared America's 'incredible period' of growth is over at the recent Berkshire Hathaway annual meeting. And Stanley Druckenmiller forecasts a 20%+ decline in earnings in the near term while sounding the alarm over entitlement spending as America's deficits and demographics continue to worsen. What do these cautionary messages from the greatest wealth-builders in the world mean for today's investors? We explor...
May 12, 2023•58 min
The S&P is up 7% for the year so far. A welcome relief after 2022's dismal performance. So is the market in a new bull uptrend? Or are we simply experiencing a bear market rally off the October lows, one will fail at some point and drag the markets back down later this year? To help us assess, we're fortunate to welcome market technician & portfolio manager Katie Stockton, Founder and Managing Partner of Fairlead Strategies to the program. Follow Katie at https://www.fairleadstrategies.c...
May 11, 2023•55 min
The financial markets enjoyed a banquet of steady stimulus in the decade following the Great Recession, and unsurprisingly rose to unprecedented heights by the end of 2021. But that support was yanked away as inflation became a problem. As a result, 2022 saw painful losses in both stocks and bonds. So far in 2023, the market has been fighting to get back its mojo, with mixed results. We've spoken with a lot of macro analysts lately on this channel..today we speak with a top technical analyst to ...
May 10, 2023•1 hr 8 min
Macro analyst Stephanie Pomboy returns to discuss her latest market outlook as well as assess just how painful the coming recession she predicts may be. In the second half of the discussion, live Q&A will be taken from the audience. We talk about Fed policy, bank lending tightening (SLOOS), the recent payrolls report, the crazy volatility in T-bills lately, credit spreads, gold, and more. Follow Stephanie at https://macromavens.com/ Or on Twitter at @spomboy *********************************...
May 09, 2023•50 min
Portfolio manager Lance Roberts and Wealthion host Adam Taggart discuss the significant elements of Wednesday's announcements by the Federal Reserve and by Jerome Powell at his subsequent press conference. They all discuss the cross-currents of bearish and bullish indicators -- making this one of the most challenging investing eras in living memory. ************************************************* At Wealthion, we show you how to protect and build your wealth by learning from the world’s top ex...
May 06, 2023•1 hr 39 min
Banking system experts Joseph Wang & John Maxfield explain the latest on what's happening in the banking system & what's most likely to happen next. Live audience Q&A will be taken in the second half of the discussion. ************************************************* At Wealthion, we show you how to protect and build your wealth by learning from the world’s top experts on finance and money. Each week we add new videos that provide you with access to the foremost specialists in inves...
May 05, 2023•1 hr 10 min
Here in Part 2 of our interview with Michael Howell of Crossborder Capital, Michael explains which assets he thinks will perform well now that the Liquidity Cycle has turned positive. Tech, discretionary stocks, gold & commodities top his list. ************************************************* At Wealthion, we show you how to protect and build your wealth by learning from the world’s top experts on finance and money. Each week we add new videos that provide you with access to the foremost sp...
May 04, 2023•58 min
The capital markets became accustomed to an ever-rise tide of the liquidity over the decade of rolling stimulus programs that followed the 2008 Global Financial Crisis. But after reaching its apex during the COVID rescue era, that liquidity suddenly dropped in 2022, and market prices fell accordingly. Here in 2023, many analysts are warning of a further 'liquidity crunch', as central banks continue to hike rates and reduce their balance sheets, while banks lending standards pucker up in response...
May 03, 2023•57 min
If we care about the future of the economy, then we have to pay close attention to the policies that shape it. We are currently living in an age of extreme -- and in certain cases, unprecedented -- levels of monetary and fiscal policy. Is that wise? Or should market forces be allowed to play out more & free us from the constant intervention of the central planners? To explore this, we welcome economist Dr Arthur Laffer. Dr Laffer was the first to hold the title of Chief Economist at the Offi...
May 02, 2023•1 hr 13 min
Portfolio manager Lance Roberts and Wealthion host Adam Taggart discuss the persisting sell signals Lance's models are showing & whether this week's rally in Tech stocks like Microsoft, Meta, Google, Amazon and Apple will soon reverse them. They also discuss the latest inflation, GDP and jobs data & debate whether a recession is indeed baked in or not. ************************************************* At Wealthion, we show you how to protect and build your wealth by learning from the wor...
Apr 29, 2023•1 hr 41 min
Macro & market analyst Darius Dale returns for Part 2 of our interview with him, in which he forecasts how the recession he predicts in Q4 will impact the stock and bond markets. In short, he expects a new low in equities while bonds, at least sovereign bonds like US Treasurys, should rise in price. ************************************************* At Wealthion, we show you how to protect and build your wealth by learning from the world’s top experts on finance and money. Each week we add ne...
Apr 28, 2023•1 hr 6 min
Multiple models predict that the economy will enter recession by Q4 2023 or possibly as late as Q1 2024. Why? Credit is the lifeblood of the modern economy. Without it, nothing happens. And right now, it appears to be contracting. That's likely to result in serious challenges to both economic growth and market prices. Just how serious? To find out, we're fortunate to be joined today by macro and market analyst Darius Dale, founder & CEO of 42 Macro. ACCESS DARIUS' FULL CHART PRESENTATION for...
Apr 27, 2023•1 hr 14 min
Amy Nixon steps into the guest host chair in this interview and sits down with housing analyst Nick Gerli to discuss the latest with the US housing market. The discussion focuses in particular on the rising surge in foreclosures, and how they may be the trigger that accelerates home price declines from here. Follow Nick at his YouTube channel at https://www.youtube.com/reventureconsulting Or on Twitter @nickgerli1 And download his app at https://www.reventure.app/ *******************************...
Apr 26, 2023•1 hr 3 min
On this channel, we spend most of our time focusing on the macroeconomic picture. But the economy doesn't exist in a vacuum. It's influenced and impacted by innumerable forces, with perhaps the strongest being geopolitics -- how nations set monetary, financial and trade policy & how they apply and revise these policies when cooperating and competing with one another. Lately the geopolitical landscape has become more fractured -- the redrawing of global trade in the wake of the war in the Ukr...
Apr 25, 2023•1 hr 6 min
Portfolio manager Lance Roberts and Wealthion host Adam Taggart discuss the recent sell signals Lance's models are showing, the recent massive plunge in the 1-Mo Treasury yields, the latest ISM/Philly Fed/NY Empire manufacturing data, the key data from Adam's recent interview with Michael Kantrowitz, Lance's recent trades -- and everything else that mattered to markets this week. ************************************************* At Wealthion, we show you how to protect and build your wealth by l...
Apr 22, 2023•1 hr 41 min
