Wealthion - Be Financially Resilient

Researcher and money manager Louis Gave returns in Part 2 of our interview with him to discuss the acceleration away from the US dollar as a trade currency by many non-West countries. America's weaponization of semiconductors against China and of the West's financial system against Russia have forced those two countries to speed up their efforts to conduct trade in currencies other than the dollar.  What will a world less dependent on the dollar look like? Does this trend open up any intersesting investment opportunities? Louis shares his thoughts on both of these questions.  https://youtu.be/IqoUP1YEeM0 Learn more about your ad choices. Visit megaphone.fm/adchoices

Many of the most important developments shaping events here in 2022 are happening outside of the US Obviously, Russia's invasion of Ukraine has upended the geo-political chessboard, as well as world trade and the energy & financial markets. China, too, is making waves that all nations feel. What decisions these two world powers make, especially in terms of what kind of relationship they choose to have with the West going forward, will have large & long lasting implications. To better understand the situation from a non-US perspective, we're fortunately to speak with Louis Gave, Founding Partner and CEO at Gavekal.  https://youtu.be/YiM1fYZq0T8 Learn more about your ad choices. Visit megaphone.fm/adchoices

The podcast explores the debate on abolishing the Federal Reserve and discusses the contrasting views of Austrian and Keynesian economics. Topics include central banking's role in government borrowing, power dynamics, entrepreneurship vs. political oppression, the Federal Reserve's effectiveness, unified currency systems, economic fluctuations, restructuring the financial system, and concluding insights on seeking financial advice.

The market is at a key juncture. So far, the major indices have put in a higher bottom and have been slowly coiling despite bad news and downgraded forecasts. That suggests the conditions for a continued rally are firming up. Yet financial advisor Lance Roberts thinks that, fundamentally, it doesn't seem likely that current stock prices have yet fully priced in the impacts of the serious recession it appears we are heading into. Markets will soon have to pick a direction Which way are they likely to break? And what factors should we be watching most closely? https://youtu.be/B_yzB-QHMWo Learn more about your ad choices. Visit megaphone.fm/adchoices

Portfolio manager Michael Lebowitz returns here in Part 2 of our interview with him to explain that a Fed pivot may not deliver the happy rescue many investors are currently anticipating. Like Bill Fleckenstein, Michael thinks if/when the Fed pivots, if inflation is not fully tamed (which looks increasingly unlikely to happen anytime soon), the bond market's confidence in the Fed will be broken. As a result, the bond vigilantes will send credit yields higher, not lower as many are currently expecting. In this discussion, Michael also shares his thoughts on which assets are best positioned to protect wealth through the continued turmoil he sees ahead. https://youtu.be/aNrxggYT2s8 Learn more about your ad choices. Visit megaphone.fm/adchoices

For decades now, nations have been taking on debt far faster than their GDP has grown. They've kept the borrowing binge alive by having their central banks conspire to push interest rates ever lower. But that process is unsustainable. It's a limited-time swindle that ends when the debt service costs become too onerous. And the massive amounts of new debt issued in the wake of the pandemic have rocketed us down much of the remaining limited amount of road the system had left until it reaches its day of reckoning, portfolio manager Michael Lebowitz cautions. Michael is part of Lance Robert's team at Real Investment Advice, one of the financial advisory firms that Wealthion officially endorses. While Lance was away last week, Michael kindly stood in for him at our live Q&A event last week -- we received so many positive comments from you viewers about the quality of his answers that I wanted to invite him on the program and give him the opportunity to share his full macro outlook. https://youtu.be/iN-s0l06TcU Learn more about your ad choices. Visit megaphone.fm/adchoices

As governments increase their debt, servicing that debt becomes a bigger and bigger problem. That's especially true if the pile of debt is growing much faster than the underlying economy, which has been the case for decades. This forces central banks to print more new currency in order to enable their governments to handle the debt service payments. But once inflation starts becoming an intractable problem & interest rates can no longer be suppressed, the system breaks. History is clear on this. So, are we close to such a seminal breaking point? Dangerously close, concludes monetary historian and macro analyst John Rubino, co-author of the book The Money Bubble along with James Turk. We're going to dig into the reason why, as well as what steps regular investors can consider taking today before that breaking point is reached to protect their wealth. https://youtu.be/IWp2-XMqSr0 Learn more about your ad choices. Visit megaphone.fm/adchoices

TIPS are issued by the US Treasury and are indexed to inflation in order to protect investors from a decline in purchasing power of their money. They have a fixed inflation rate and a principal that is adjusted according to the changes in the CPI-U This video explains how they work, their advantages & disadvantages, and how they compare to I-bonds. https://youtu.be/qFtPlqnQJ9A Learn more about your ad choices. Visit megaphone.fm/adchoices

The US dollar index hit a 20-year high of 109 this week. This is creating increasing pain for other countries, especially those with Eurodollar loans, as servicing those is becoming more expensive — at the same time that import costs are rising. Multinational companies are also feeling the squeeze, as their overseas revenue declines due to weakening demand and increasingly unfavorable exchange rates. Somewhat ironically, this is happening at the same time when US inflation, as measured by the Consumer Price Index, is spiking to a 41-year high of 9.1%. Financial advisor Lance Roberts doesn’t see much reason for the dollar strength to abate anytime soon. So what will be the most likely repercussions from this? For everything that mattered to markets this week, watch this week’s Market Recap featuring Lance Roberts. https://youtu.be/IqK_D3rRV7o Learn more about your ad choices. Visit megaphone.fm/adchoices

Hot inflation is crashing corporate profits, as consumer spending falls and the Fed's rate hikes make the cost of capital more expensive. As a result, stocks remain under pressure and bond default risks grow. Meanwhile, the economy is fast contracting into a recession. Likely a painful & prolonged one, warns Jeff Snider here in Part 2 of our interview with him. In this video, Jeff kindly shares the assets he thinks will defend wealth the best over the coming months of this bear market. https://youtu.be/D1qpW29n3Z0 Learn more about your ad choices. Visit megaphone.fm/adchoices