Wealthion - Be Financially Resilient

As inflation, rising cost of capital and recession pressures squeeze revenue & earnings expectations for corporations, the Q2 earnings calls about to start over the next few weeks may be the next trigger to send stocks falling.   Financial advisor Lance Roberts & host Adam Taggart discuss the likely implications and timing of this, as well as how if/when the Federal Reserve "pivot" occurs, it may have disappointing results for the many investors eagerly awaiting as resumption of the bull market. Learn more about your ad choices. Visit megaphone.fm/adchoices

Capital manager David Hay of Evergreen Gavekal returns for Part 2 of our interview with him to discuss the odds for stagflation, recession and to share which assets he most favors right now given his macro outlook. https://youtu.be/bwtXk30waB8 Learn more about your ad choices. Visit megaphone.fm/adchoices

As we head into the heat of summer, the US economy finds itself in the doldrums.   GDP growth for the year has been negative both in Q1 and Q2 -- which means we're now officially in a "technical recession".   Inflation remains at a 41-year high. The financial markets continue to suffer one of their worst years so far in history. And now the housing and jobs markets are also cooling fast.   What can we expect from the second half of the year?   For perspective, we turn to David Hay, co-founder & co-Chief Investment Officer of Evergreen Gavekal, a financial advisory firm managing $3.5 billion of investor capital.   As its steward, he can't simply rely on an "opinion"; has to steer this capital safely through what's coming next.  So his conviction needs to be as high as possible. https://youtu.be/UWOWB5Vgqww Learn more about your ad choices. Visit megaphone.fm/adchoices

Series I Savings Bonds, also known as I-bonds, are offered by the US Treasury as a way to protect the purchasing power of your money from being eroded by inflation. This is protection many investors want badly right now, as inflation has roared back to life over the past year and a half. After decades most spent under 2%, as of the time of this recording, the official Consumer Price Index, or CPI, is currently at a 41-year high of 8.6% annualized: The way that I-bonds defend against this is they earn a monthly interest rate that’s usually higher than the CPI. So their return beats or comes quite close to the officially-reported inflation rate. In this video, we explain what I-bonds are, how they work, what their benefits are & how to buy them. https://youtu.be/efDIvlbgwDo Learn more about your ad choices. Visit megaphone.fm/adchoices

Higher inputs costs and demand destruction from inflation (and the Federal Reserve's interest rate hikes) are resulting in margin compression for companies, pinching their profits.    As a result, companies are revising downwards their future earnings expectations.   So as Q2 earnings calls start happening over the next two weeks, expect a tsunami of these revisions to force Wall Street analysts to downgrade their target prices for many stocks.   Will these be the next big shoe to drop that will force stock prices down even further?  It sure looks so.   Financial advisor Lance Roberts and host Adam Taggart also tackle Fed policy, recession risk, and America's massive retirement problem in this wide-ranging Weekly Market Update. Learn more about your ad choices. Visit megaphone.fm/adchoices

Economist Steve Hanke returns here in Part 2 of our interview with him to explain what impact a Fed pivot back to easing would have on inflation. He also shares his thoughts on how he thinks stocks, bonds, gold and other assets should fare over the coming year given his macroeconomic outlook.  See the YouTube Video for the charts and graphics: https://youtu.be/o2keL8Z8Y7M Learn more about your ad choices. Visit megaphone.fm/adchoices

Inflation remains at a 41-year high and continues to severely pinch households when paying for food, gas and nearly everything else.  How much longer will it plague us? And might it get even worse from here? To find out, we welcome Steve Hanke back to the program. Steve is professor of applied economics at the Johns Hopkins University in Baltimore, Maryland -- and the last time he appeared on this program, he correctly predicted that America's Consumer Price Index, or CPI, would hit 9% -- which it just did this past month.  See the YouTube Video for the charts and graphics: https://youtu.be/N2DftIzEOOc Learn more about your ad choices. Visit megaphone.fm/adchoices

Six years ago, I wrote an article titled 'Grasshopper Nation', warning about how poorly prepared Americans are for retirement. Sadly, the data has only gotten worse since then. I’ll deliver the punchline here first, and then get into the underlying data: Right now, as the largest generational cohort in history has reached retirement age, tens of millions of Baby Boomers in America have insufficient savings to retire or otherwise fund their living costs during their twilight years. This is a massive economic and humanitarian crisis in the making, with no credible plans from the government currently on the table to address it. See the YouTube Video for the charts and graphics: https://youtu.be/DTWyqWHQSho Learn more about your ad choices. Visit megaphone.fm/adchoices

With inflation driving the costs of living higher, real wages falling behind and financial assets having one of their worst years ever so far, it's a tough time to build wealth right now. And it's likely to get even worse, says today's guest, Robert Kiysosaki, author of Rich Dad, Poor Dad, the #1 best selling personal finance book in history. See the YouTube Video for the charts and graphics: https://youtu.be/QjyocU5Ekns Learn more about your ad choices. Visit megaphone.fm/adchoices

In this week's Market Recap, Lance Roberts discusses the bounce this week in stocks and why investors would be wise to use it as a chance to sell and build cash. Lance estimates the bear market is still in play and that a firm bottom has likely not been reached yet. He and Adam Taggart go on to discuss the odds for and timing of a policy pivot by the Federal Reserve, recession risk, bone-headed proposals to contain gas price inflation -- and then end with a discussion of the most important asset to invest in : your health. See the YouTube Video for the charts and graphics: https://youtu.be/ol-9dUp-t4g Learn more about your ad choices. Visit megaphone.fm/adchoices