Painful Reckoning Ahead Due To "Really Really Dumb" Monetary Policy | David Hay

Video Description

WORRIED ABOUT THE MARKETS? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Wealthion's endorsed financial advisors at https://www.wealthion.com GDP growth for the past two quarters has been positive -- but gross domestic income has been negative over the same period. The multitude of macro data is screaming recession, yet earnings estimates are on the rise, unemployment remains low and the stock market is booming. 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. I love talking with experts like David because as a steward of so much in AUMl, 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. TIMESTAMPS 0:00 Intro and David’s current assessment of the global economy. 5:14 Rolling recessions. 10:28 The Federal deficit and the Federal debt. 16:53 Fed’s fast rate hike lag effect on the economy. 19:38 How will the estate tax stimulate the economy? 24:12 How the current state of the economy is impacting credit spreads. 28:49 Ai could be a great driver of a renewed economic surge. 33:33 How can the economy handle higher interest rates? 37:50 How big is the market for ai? 42:46 The opportunity that is emerging in energy. 44:51 A ticking time bomb in commercial real estate. 48:45 Corporate bonds and uranium. 52:17 Identify companies that are developing the next generation of nuclear technology. 58:38 The immediate resistance to nuclear power. 1:02:26 David’s thoughts on wind and solar. _____________________ 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/ Subscribe to our YouTube channel: https://bit.ly/SubscribeWealthion Follow us on Twitter: https://bit.ly/WealthionTwitter Follow us on Facebook https://www.facebook.com/Wealthion-109680281218040 #recession2023 #recessionstockmarket #stockmarketcrash2023 ____________________________________ 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.