Edward Dowd

In this insightful discussion, Edward Dowd, a former managing director at BlackRock and founder of Phinance Technologies, shares his predictions on the economy. He warns that the 2025 recession is already taking root, largely due to a fragile housing market. Dowd highlights how mass immigration has skewed economic indicators and discusses the impending fall in inflation. He also offers a contrarian view on bonds as a strong investment choice and addresses the fading AI boom, while raising concerns about gold's new role in finance and the risks surrounding crypto.