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High Interest Rates To Cause "More Pain" For Stocks & Bonds | Jonathan Wellum, Rocklinc Aug 15, 2023

Show notes

Here in mid-year 2023, the stock market is taking a pause after a surprise rally in stocks & bonds that practically no one saw coming back in January.

Will the market strength continue during the second half of the year?

Or may we have other surprises in store?

To discuss, we welcome financial advisor Jonathan Wellum back to the program. He's founder and CEO of Rocklinc Investment Partners, Wealthion's first endorsed financial advisory partner in Canada.

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At Wealthion, we show you how to protect and build your wealth by learning from the world’s top experts on finance and money. Each week we add new videos that provide you with access to the foremost specialists in investing, economics, the stock market, real estate and personal finance.

We offer exceptional interviews and explainer videos that dive deep into the trends driving today's markets, the economy, and your own net worth. We give you strategies for financial security, practical answers to questions like “how to grow my investments?”, and effective solutions for wealth building tailored to 'regular' investors just like you.

There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?

Let us help you prepare your portfolio just in case the future brings one or more of the following: inflation, deflation, a bull market, a bear market, a market correction, a stock market crash, a real estate bubble, a real estate crash, an economic boom, a recession, a depression, or another global financial crisis.

Put the wisdom from the money & markets experts we feature on Wealthion into action by scheduling a free consultation with Wealthion’s endorsed financial advisors, who will work with you to determine the right next steps for you to take in building your wealth.

SCHEDULE YOUR FREE WEALTH CONSULTATION with Wealthion's endorsed financial advisors here: ⁠⁠⁠⁠⁠⁠⁠https://www.wealthion.com/⁠⁠⁠⁠⁠⁠⁠

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#interestrates2023 #marketcorrection #stocks2023

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IMPORTANT NOTE: The information and opinions offered in this video by Wealthion or its interview guests are for educational purposes ONLY and should NOT be construed as personal financial advice. We strongly recommend that any potential decisions and actions you may take in your investment portfolio be conducted under the guidance and supervision of a quality professional financial advisor in good standing with the securities industry. When it comes to investing, past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments involve risk and may result in partial or total loss.

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Oliver Anthony's "Rich Men North Of Richmond" Is The War Cry The Working Class Has Been Waiting For Aug 13, 2023

Show notes

Welcome to Wealthion. I'm Wealthion founder Adam Taggart, here with something outside our normal routine.

I’m going to react to a new song that has exploded virally over the past few days & explain why it may be an important milestone indicating where the economy – and society – are heading.

The song is by Oliver Anthony, who was an unknown singer/songwriter up until just a few days ago. He wrote and performed his songs in the backwoods of his rural Virginia homestead, recording them with his iPhone and uploading them to his YouTube channel where they received only dozens of views.

That is, until he released his latest song, Rich Men North of Richmond. Three days afterwards, the song had over 5 million views on YouTube and is currently sitting at #1 on iTunes.

Why?

How did a completely unknown artist with no record label suddenly have the most popular song in the country?

I’ll play the song for you in just a second and you’ll quickly understand. Not only are Oilver’s soulful vocals and the music itself captivating, the lyrics give voice to the angst, frustration and anger of America’s working class.

The song is both a lamentation & and accusation, pointing a rageful finger at our ruling elite – holding them accountable for the accelerating decline in living standards for the majority of Americans.

The lyrics are extremely poetic. And brutal.

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Weekly Market Recap: Market Pullback Progressing As Expected (So Far) | Lance Roberts & Adam Taggart Aug 12, 2023

Show notes

Stocks & bonds continued to decline this week, with both stocks and bonds lower, and daily rallies failing into the close.

Portfolio manager Lance Roberts & Wealthion's host Adam Taggart discuss those developments in this week's Market Recap, along with:

1. Is a 3-10% pullback in stocks now underway? 2. What are we learning about the health of corporate American now that more earnings are coming in? 3. What will be the impact of the Fitch downgrade to the US's credit rating? 4. With bond yields rising, is the long bond/TLT trade in danger? 5. How big a hit would it be to the major indices if AAPL started to really stumble? 6. What are the key aspects to look for in a good financial advisor? 7. Lance's trades for the week

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SCHEDULE YOUR FREE WEALTH CONSULTATION with Wealthion's endorsed financial advisors here: ⁠⁠⁠⁠⁠⁠⁠https://www.wealthion.com/⁠⁠⁠⁠⁠⁠⁠

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Follow Adam on Twitter: ⁠⁠⁠⁠⁠⁠⁠https://twitter.com/menlobear⁠⁠⁠⁠⁠⁠⁠

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Debt, Deficit & Dollar Troubles Are Multiplying | Adam Taggart & New Harbor Aug 11, 2023

Show notes

Spiking debt, sky-high deficits and threats to the US dollar are proliferating. Wealthion host Adam Taggart talks with the lead financial advisors at New Harbor Financial about what's likely to come next.

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SCHEDULE YOUR FREE WEALTH CONSULTATION with Wealthion's endorsed financial advisors here: ⁠⁠⁠⁠⁠⁠⁠https://www.wealthion.com/⁠⁠⁠⁠⁠⁠⁠

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#debtcrisis #deficit2023 #usdollar

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Have We Truly Dodged A Recession This Year? | Adam Taggart Aug 10, 2023

Show notes

I'm Wealthion founder Adam Taggart, here with a brief explainer video for you on the topic of stealth liquidity.

This topic is important because it helps explain why 2023 is unfolding, to the confusion of many analysts, to be the "Year Of The Recession That Wasn’t"

Heading into this year from the unrelenting beating for stocks and bonds that was 2022, the vast majority of economic forecasters predicted a recession was near-certain to arrive in the first quarter or two.

The Fed had turned off the monetary stimulus spigots and was now pursuing interest rate hikes and Quantitative Tightening with an aggression rarely seen before in history.

The fast rising cost of capital, plus elevated input costs and higher wages from raging inflation, were squeezing corporate profits. Layoffs surged. Corporate bankruptcies started spiking to levels not seen since 2010.

And then the banking system started stumbling – seeing more US bank failures as measured by market cap than in the Global Financial Crisis – forcing banks to tighten lending standards.

And on top of that, the US government faced a debt ceiling showdown, which required the US Treasury to drain its general account to keep government operations funded until a deal was struck – which would then suck over a $trillion in capital out of the economy as new Treasury bonds got sold to refill the TGA’s coffers.

And on top of that, the Feds higher interest rates caused a surge in interest expense on the federal debt, now passing over $1 trillion for the fiscal year.

All of these factors made a compelling, practically overwhelming case for reduced systemic liquidity in 2023. For well over a decade, the markets and the economy had become dependent on the Federal Reserve’s trillions of dollars worth of QE & rock-bottom interest rates. And then during the pandemic, a series of new fiscal stimulus packages and forbearance programs added to the addiction. Without those, the thinking went, the economy would contract in 2023, companies would lay off workers in larger numbers, and the financial and housing markets would correct materially.

But something funny happened on the road to this widely-expected recession. The recession forgot to show up.

Why? In this video, we think we might just have the answer.

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Gretchen Morgenson: Our Economy Is Being Plundered By Wall Street Elites Aug 09, 2023

Show notes

We talk frequently on this channel of the dangerous and worsening wealth gap between the rich and the rest of society.

If as a regular individual investor you feel the playing field of today's financial system is unfairly tilted away from your interests and towards those of the already-wealthy, today's expert would say you're absolutely right.

To delve into this topic more deeply, we sit down with Pulitizer-prize winning & NYTimes best-selling investigative journalist Gretchen Morgenson. Gretchen is renown for her groundbreaking reporting on the financial markets, with a particular focus on the way in which they are too often abused by Wall Street power players.

Today, we'll discuss the key takeaways from her new book "These Are the Plunderers: How Private Equity Runs―and Wrecks―America" which was recently published and is already a Wall Street Journal bestseller.

Gretchen, along with her co-author Joshua Rosner, expose the world of private equity as "insidious", claiming that a small cohort of elite financiers -- and their government enablers -- use excessive debt and dubious practices to undermine our nation’s economy for their own enrichment.

To learn how, we hear from Gretchen herself.

You can follow Gretchen's work at nbcnews.com

#investing #moneymistakes #moneymanagement

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Jim Rickards: Western Economies About To Slam Into A BRICS Wall? Aug 08, 2023

Show notes

Macro analyst Stephanie Pomboy returns as a guest host on Wealthion to interview currency expert James Rickards about the highly-anticipated announcement of a new commodity-backed trading currency by the BRICS countries (Brazil, Russia, India, China, South Africa + a number of other resource-producing countries)

Collectively, these countries has as much or more land, population, GDP, nuclear weapons and other key strategic resources as America and its Western allies.

What repercussions are most likely to ensue from a new competing currency issued by the BRICs to compete with the US dollar's status as the world reserve currency?

To find out, Stephanie sits down with Jim for an insight-packed hour.

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SCHEDULE YOUR FREE WEALTH CONSULTATION with Wealthion's endorsed financial advisors here: ⁠⁠⁠⁠⁠⁠⁠https://www.wealthion.com/⁠⁠⁠⁠⁠⁠⁠

Subscribe to our YouTube channel: ⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/channel/UCKMeK-HGHfUFFArZ91rzv5A?sub_confirmation=1⁠⁠⁠⁠⁠⁠⁠

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#brics #bricssummit #dollar

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Weekly Market Recap: Is This The Start Of A 3-10% Market Pullback? Aug 05, 2023

Show notes

Stocks & bonds both declined this week as more earnings announcements came in and Fitch made a surprise downgrade of America's credit rating.

Portfolio manager Lance Roberts & Wealthion's host Adam Taggart discuss those developments in this week's Market Recap, along with: 1. Is a 3-10% pullback in stocks now underway? 2. What are we learning about the health of corporate American now that more earnings are coming in? 3. What will be the impact of the Fitch downgrade to the US's credit rating? 4. With bond yields rising, is the long bond/TLT trade in danger? 5. How big a hit would it be to the major indices if AAPL started to really stumble? 6. What are the key aspects to look for in a good financial advisor? 7. Lance's trades for the week

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SCHEDULE YOUR FREE WEALTH CONSULTATION with Wealthion's endorsed financial advisors here: ⁠⁠⁠⁠⁠⁠⁠https://www.wealthion.com/⁠⁠⁠⁠⁠⁠⁠

Subscribe to our YouTube channel: ⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/channel/UCKMeK-HGHfUFFArZ91rzv5A?sub_confirmation=1⁠⁠⁠⁠⁠⁠⁠

Follow Adam on Twitter: ⁠⁠⁠⁠⁠⁠⁠https://twitter.com/menlobear⁠⁠⁠⁠⁠⁠⁠

#marketcorrection #applestock #financialadvisor

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Neil Howe: A 'Very Challenging' Time For Preserving Wealth Lies Ahead Aug 04, 2023

Show notes

Respected demographer and New York Times best-selling author Neil Howe returns for Part 2 of our interview with him discussing the key themes of his new book "The Fourth Turning Is Here", in which he forecasts a future of economic recession, inflation, volatility and instability in the financial markets.

Here in Part 2, Neil focuses on what to expect from the new saeculum that will emerge from the turmoil of the current Fourth Turning we're living through right now. What reforms, social norms and economic models will the new future be built on?

SCHEDULE YOUR FREE WEALTH CONSULTATION with Wealthion's endorsed financial advisors here: ⁠⁠⁠⁠⁠⁠⁠https://www.wealthion.com/⁠⁠⁠⁠⁠⁠⁠

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#fourthturning #crisisinvesting #marketcrash

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Neil Howe: Crisis Looms Now That The Fourth Turning Is Here Aug 03, 2023

Show notes

It's said that history unfolds in cycles.

That civilizations and societies boom, bust and rise anew to repeat the pattern -- a pattern that is surprisingly predictable in both its timing and trajectory.

Today's guest expert is demographer Neil Howe, co-author of the book The Fourth Turning, a seminal work in which he and his fellow researcher William Strauss laid out the evidence for these "seasons" of societal change that they referred to as "turnings".

When that book first came out in 1997, Howe & Strauss warned that the next societal "winter" -- the next "4th turning" to use their label -- would begin early on in the new millennium.

In his brand new sequel, "The Fourth Turning Is Here", Howe reveals that we are now indeed deep within a Fourth Turning that started roughly in 2008, commensurate with the Global Financial Crisis.

Our current society has entered the "bust" part of its cycle -- where the status quo falls apart -- often chaotically.

What should we expect from this period of disruption? Are there steps we can take to improve our odds of persevering?

And perhaps more importantly, how can we position ourselves to play a constructive role -- and possibly thrive -- as this Fourth Turning concludes, to be replaced -- as history suggests -- by a new & hopefully better, order.

SCHEDULE YOUR FREE WEALTH CONSULTATION with Wealthion's endorsed financial advisors here: ⁠⁠⁠⁠⁠⁠⁠https://www.wealthion.com/⁠⁠⁠⁠⁠⁠⁠

Subscribe to our YouTube channel: ⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/channel/UCKMeK-HGHfUFFArZ91rzv5A?sub_confirmation=1⁠⁠⁠⁠⁠⁠⁠

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#fourthturning #4thturning #economiccrisis

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