Recession Is Inevitable. So Own These Assets | Luke Gromen
Wealthion - Be Financially Resilient
The Challenges of the Current Economic Situation
This chapter discusses the growing inequality, social unrest, and potential consequences of an economic downturn. It also explores the challenges and negative impacts of cutting entitlements overnight.
Macro analyst Luke Gromen returns for Part 2 of our interview with him on the unfolding sovereign debt crisis & the likelihood of recession, which he sees as "inevitable" -- largely due to higher oil prices and the collapsing commercial real estate market.
Luke also shares his outlook on which assets to consider holding in such an environment, as well as which ones to steer clear of.
Follow Luke at his website https://fftt-llc.com/
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#oilprice #recession2023 #commercialrealestate
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IMPORTANT NOTE: The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields.
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