Wealthion - Be Financially Resilient

Few experts I interview generate as much controversy as today’s guest. He is a contrarian by nature, and so is most comfortable when his forecasts differ extremely from the consensus view. And despite today’s grim macro outlook of spiking inflation, rising cost of debt, a struggling consumer, inverted yield curves predicting recession – he is doubling down on his forecast that the SP500 will leap higher by 40-50% over the coming 3-6 months. See the YouTube Video for the charts and graphics: https://youtu.be/njFhmvUNcZM Learn more about your ad choices. Visit megaphone.fm/adchoices

Today we speak with the most well-connected economic networker I know, John Mauldin. John has published his own macroeconomic analysis for decades in his widely-read Thoughts From the Frontline newsletter, which in the process of doing his research for, brings him into contact with the people at the very top who run our financial and political systems – I’m talking about CEOs of the largest companies, managers of the largest institutional funds, Secretaries of State, Federal Reserve economists and the world’s top think tanks. I love talking with John because he’s a walking, talking Cliff Notes guide to what all these top experts are thinking right now. And given the fast-rising uncertainty of today’s world, being able to tap the collective wisdom of that brain trust is especially valuable. See the YouTube Video for the charts and graphics: https://youtu.be/h5GSjiAwb6g Learn more about your ad choices. Visit megaphone.fm/adchoices

Consumer spending powers the economy, making up 68% of GDP here in the US. And, like it or not, much of that consumer spending is funded by debt -- credit cards, mortgages, auto loans, etc. But rising interest rates are now starting to make the cost of that debt more expensive. That trend, combined with increases in the cost of living caused by today's spiking inflation, is pinching folks' ability to borrow and spend. See the YouTube Video for the charts and graphics: https://youtu.be/QQTSs3c1uC8 Learn more about your ad choices. Visit megaphone.fm/adchoices

This week Lance and Adam discuss whether the Fed has much runway or not to hike interest rates much further. Lance is of the mindset that it doesn't have much room -- that something important in the financial system will start to buckle once the Fed funds rate gets near 1% (it's currently at 0.25%). When that happens, Lance sees the Fed reversing course and returning back to Quantitative Easing in attempt to rescue things. Lance and Adam also enjoy a rant near the end of the discussion about Elon Musk's recent attempted purchase of Twitter and how it's revealing a lot of hypocrisy in how media and Wall Street operate in order to protect their current privilege. See the YouTube Video for the charts and graphics: https://youtu.be/ahMSmwYTakc Learn more about your ad choices. Visit megaphone.fm/adchoices

Yesterday we posted Part 1 of our recent interview with money manager Michael Pento. In it, he explains why he expects the worst bear market of our lifetime to unfold over the coming year. How then should we be preparing our portfolios? That's exactly what Michael details out here in Part 2 of our interview with him. But he cautions that there's little time left before the market turmoil begins in earnest. See the YouTube Video for the charts and graphics: https://youtu.be/kDYP1NvVzOQ Learn more about your ad choices. Visit megaphone.fm/adchoices

Money manager Michael Pento returns to our program with a big warning — the prediction he made last year is coming true: He forecasted that, beginning in Q2 2022, we will start hurdling towards a recession as well as one heck of a bear market correction. And he believes that script is now set to play out before our eyes. See the YouTube Video for the charts and graphics: https://youtu.be/gIWh9MKZRWAg Learn more about your ad choices. Visit megaphone.fm/adchoices

Back in January, we interviewed Stephen McBride, chief analyst for RiskHedge, about the emerging Phase 2 crypto ecosystem. What are Phase 2 cryptos? Forget for a moment Bitcoin, Ethereum and other tokens that claim to serve as a superior currency or store of value. See the YouTube Video for the charts and graphics: https://youtu.be/be342LX9zWg Learn more about your ad choices. Visit megaphone.fm/adchoices

Building off of their analysis in Part 1 of this interview, David Rosenberg and Stephanie Pomboy continue explaining why a recession looms dead ahead, one likely to be accompanied by serious downward corrections in stocks, bonds (except long-dated US Treasurys), real estate and many other assets. See the YouTube Video for the charts and graphics: https://youtu.be/sHOQvB-YGjs Learn more about your ad choices. Visit megaphone.fm/adchoices

Lance Roberts of RIA Advisors joins Adam Taggart to summarize the notable developments in the financial markets over the past week. See the YouTube Video for the charts and graphics: https://youtu.be/-rR4QdXFxzs Learn more about your ad choices. Visit megaphone.fm/adchoices

Stephanie Pomboy steps in to guest host this interview with economist David Rosenberg - one of Wall Street’s most-awarded analysts over the past 30 years. In it, they discuss the darkening storm clouds of slowing economic growth, rising interest rates, inflated asset prices and brewing market volatility. See the YouTube Video for the charts and graphics: https://youtu.be/Ei6VJOwKTuE Learn more about your ad choices. Visit megaphone.fm/adchoices