Ricky Rebecca: I think that was a perfect way to end the episode. But before I let you go, where can the listeners learn more about you and read all of the work that you do? Well, one thing I want to highlight is that it's free. So it's kind of hard to say that we're overcharging at that price. And so yeah, that's a good way to follow us. You can order our book coming up here on book, baby pretty soon. It's not up there quite yet but the audio book is available when giving all your listeners a 33% discount. That's an awesome a w so nd. Right now I have the audio
Rebecca chats with David Hay. Together, they engage in conversation regarding David's market outlook for 2023, the reasons behind his belief in an earnings recession, and various other topics.
David Hay is a longtime investment advisor, where he is currently the Chief Investment Officer at Evergreen Capital. He is also a financial author and recently wrote the book titled: Bubble 3.0: History’s Biggest Financial Bubble.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
04:51 - Why David believes we will have an earnings recession and markets have yet to price this in.
09:55 - How the tremendous amount of government debt that needs to be issued and rolled over could mean interest rates go up in a recession.
13:41 - Why David believes we could see inflation come back.
17:45 - What impact China’s reopening could have on the US economy and the Fed’s goal of achieving a “soft landing”.
23:47 - David’s outlook on energy and why thinks we could see a third year of outperformance.
Help us reach new listeners by leaving us arating and reviewon Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!