Thoughtful Money with Adam Taggart

Latest Episodes:

Chris Whalen: The Economy's At A Tipping Point Jul 04, 2024

Show notes

Today's guest wrote the book "Inflated: How Money & Debt Built The American Dream" In it, he wrote: "The first rule of any fiat system is no fiscal deficit" Well, the US -- and virtually every other G7 country -- is breaking that rule six ways to Sunday given the unprecedented record levels of deficit spending currently underway. Does that mean we're headed for trouble? To find out, we'll ask the author himself, Chris Whalen, Chairman of Whalen Global Advisors LLC and expert on the banking, mortgage finance and fintech sectors. WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #inflation #debt #bankingsystem

Common Ways To Protect Your Portfolio Using Option Hedges | New Harbor Financial Jul 02, 2024

Show notes

With so many recent interview guests on this channel expressing concern about the near-record levels of overvaluation AND narrow trading breadth in stocks, about slowing economic growth, a weakening consumer and rising recession risk, many of you viewers have been asking for a instructional video on how to protect your portfolios from market downside risk -- a process otherwise known as hedging. Well, your ask is our command. So in this video, the senior partners at New Harbor Financial, one of the financial advisory firms endorsed by Thoughtful Money, will walk us through the fundamentals of hedging using options. John Llodra and Mike Preston, along with their team at New Harbor, employ these options hedging strategies on a daily basis to protect the half a billion in client capital their firm manages. NOTE: This video is not personal financial advice! Before trading options on your own, Thoughtful Money HIGHLY recommends first gaining experience using them under the guidance of a professional financial advisor well-experienced with the techniques mentioned in this video. WORRIED ABOUT RISK? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #hedging #hedgingstrategy #options

Home Prices Are Falling In More & More Markets Now | Nick Gerli Jun 30, 2024

Show notes

I find myself frequently repeating the advice that in today's highly bifurcated economy, it's critical to understand the difference between the mean and the median in order to get a true picture of what's going on. And the housing market is no different. On the mean, or average, level, US home prices are at a record high. But in a growing number of markets, a number of them red-hot until recently, prices are down by double-digit percentages. And inventory is spiking. To make sense of the growing divergences and find out where prices are most likely headed from here, we're fortunate to welcome back to the program housing analyst Nick Gerli, founder of reventure Consulting and creator of the new reventure app. WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #housingmarket #homeprices #housingcrash

"Beneath The Surface The Market Looks Terrible" | Lance Roberts & Adam Taggart Jun 29, 2024

Show notes

Today's stock market is like an iceberg, says portfolio manager Lance Roberts. We can see the surface, which looks fine. The Magnificent 7 stocks -- really now the Mag 5 -- are collectively growing market cap and profits, propping up the overall index. But if you look below the surface, at the bottom 90% of the iceberg, "things look terrible" warns Lance. We discuss why, as well any impact this week's presidential debate is likely to have on markets, For everything that mattered to markets, watch this week's Market Recap. WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #presidentialdebate #magnificent7 #investing

John Hussman: It Sounds Nuts, But Stocks Could Crash 50-70% Jun 27, 2024

Show notes

There's an old saying on Wall Street that "no one rings a bell at the market top" This is why so many surprised investors got so badly burned when the DotCom and 2008 stock bubbles burst. But those who noticed the extreme market conditions beforehand, whose analysis of history convinced them that defense was more prudent than fear of missing out, these few avoided most of the losses -- and some even gained mightily from those crashes, having been positioned wisely in advance. Today's guest is one of those who smartly navigated the past 2 great market corrections. He now thinks we stand at the precipice of a 3rd -- and he's ringing a bell for anyone who will listen. To hear why and what he advises we do about it, we have the great fortune to speak today with Dr John Hussman, founder of Hussman funds, economist, health scientist and philanthropist. He also plays a mean guitar. John gives interviews very rarely. So it's a true privilege for Thoughtful Money that he's willing to give us the next hour of his time. WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com Follow John at https://www.hussmanfunds.com or on X/Twitter at @hussmanjp You can read John's recent Market Comment (and see all the charts) at https://www.hussmanfunds.com/comment/mc240623/ #marketcrash #stockbubble #investing

Too-High Cost Of Living Is Destroying Consumer Confidence | Joanne Hsu Jun 25, 2024

Show notes

If you listen to the politicians and the headlines, you'll hear a lot of talk about the "strong consumer" who is keeping the economy happily chugging along. But when we hear from actual consumers themselves, we hear a very different story. The majority of households are struggling under the surge in their cost of living post-COVID. Many express despair that the American dream is now beyond their reach. For a detailed dive into this critical topic, we're fortunate today to speak with Joanne Hsu, director of the widely-followed University of Michigan's consumer sentiment survey. The UMich data indeed shows that a growing majority of Americans are giving up hope they'll ever be able to afford a middle class lifestyle. WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #consumersentiment #consumerconfidence #costofliving

Rick Rule: "We're In A Real Sweet Spot" For Investors Jun 23, 2024

Show notes

The purchasing power of the world's major fiat currencies has taken a beating since the pandemic. Just in the US, due to the spike in inflation, Truflation now estimates that the dollar has lost over a quarter of its purchasing power since January 2020. Due to this higher inflation, as well as continued expectations for higher secular inflation over the coming years as globalization declines, nations reshore supply chains and increasingly compete for global commodities, some of which are due for supply shortages -- it's no surprise that more investors are looking increasing towards owning hard assets as a hedge. So what are the most important trends and opportunities in hard assets right now? To find out, we have the good fortune to talk with Rick Rule, perhaps the most seasoned & respected natural resources investor alive today. Register for Rick's upcoming Symposium on July 7-11, 2024 at https://thoughtfulmoney.com/rule WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #commodities #goldprice #inflation

We're Due For A Correction | Lance Roberts & Adam Taggart Jun 22, 2024

Show notes

With stocks still firmly in overbought territory and the uncertainty of the US presidential election nearing, portfolio manager Lance Roberts warns "We're due for a correction" He expects a 5-10% pullback in the near term. And perhaps a slightly larger drop leading up to November as Wall Street de-risks ahead of voting. Lance and Adam review the latest chart technicals, whether Japan’s Norinchukin Bank and it's announced liquidation of its US Treasury portfolio poses a risk to bond market, the dangers of private investing, and the worrying extent to just how far the S&P 500 is trading above historical valuation averages. For everything that mattered to markets, watch this week's Market Recap. WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #stockmarketcorrection #Norinchukin #marketcorrection

Unavoidable Crisis: We Have Too Much Debt That We Can't Afford To Repay | Matt Piepenburg Jun 20, 2024

Show notes

When asked last month if the US economy was heading into stagflation, Fed Chair Jerome Powell said he didn't see the "stag" nor the "flation" in the data he looks at. Well, US Q2 GDP growth estimates as forecasted by the Atlanta Fed's GDP Now service are plunging. And Q1's weak reported GDP growth rate of 1.6% was revised further downwards to a paltry 1.3% That's some "stag" right there. And CPI remains quite sticky at 3.3%, solidly higher than it was 9 months ago. So that's some "flation" To learn how to protect the purchasing power of your wealth in an increasingly stagflationary environment, we're fortunate to be joined today by Matt Piepenburg of Von Greyerz Gold. WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #debt #goldprice #currency

Is The A.I.-Pocalypse Near For Tech Stocks? | Fred Hickey Jun 18, 2024

Show notes

So far this year, the top 10 stocks in the S&P 500 have accounted for more than 76% of the index's gain. This is the 2nd most concentrated reading for the S&P in the past 20 years. The highest percentage was 79%, achieved in 2007, right before the Global Financial Crisis. Are we in a new AI-powered Tech renaissance that will continuing powering the markets higher for years to come? Or are we risking a major market breakdown, putting all our hopes in a handful of companies that can't keep growing at the meteoric rates that Wall Street is expecting? For answers, we're fortunate today to speak with Fred Hickey, editor of the highly respected newsletter The High Tech Strategist, which Fred has been publishing since 1987. Fred is extremely worried about the lack of demonstrable return-on-investment from the hundreds of $billions currently being spent on generative A.I. In his estimation, the tremendous valuations currently being awarded to A.I.-related stocks is on par with the infamous Dutch tulip and South Sea manias. He predicts the current situation will end as painfully as those asset bubbles did. WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #nvdia #aapl #artificialintelligence

Our TOPPODCAST Picks

Follow Us

Stay Connected

Thoughtful Money with Adam Taggart

Related Podcasts

Links

Stay Connected