The Fast Lane To Multiply Your Net Worth (Keynote)
Capitalism.com with Ryan Daniel Moran
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Are We in a Recession?
There are three trends to any business cycle: boom, consolidation and bust. Can anyone guess what cycle we're in right now? This is not a trick question. We've actually been in bust for some time. There's no recession coming. We're in it. Always in every downturn, the most speculative assets go first. Tech stocks are down 70 to 80 percent. Then you have more conservative assets, like dividend paying stock. And then you have the most conservative, which is real estate, which is just starting to come down. That means that we will have talent, very talented people entering the marketplace again. It's how do I pounce when everybody else is bouncing? How do
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