Don’t Underestimate This Bear Market: Lower Prices Likely Ahead | Michael Lebowitz

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.

Jeff Snider: Recession Will Worsen The Bear Market & The Fed Is Powerless To Stop It

Here at the mid-point of 2022, investors are assessing the terrible first half of the year and wondering what the second half will bring.

And as we peer ahead right now, the stormclouds outnumber the sunbeams.

Measured inflation remains hot. And recession and stagflation are on everyone’s lips — it seems a foregone conclusion to many at this point.

The Fed remains committed to raising the cost of capital. And Q2 earnings calls are about

to begin: will companies announce downwards revisions to their forecasts, thereby sending stocks even lower?

To address these important topics, we’re fortunate to be joined by monetary expert and economic researcher Jeffrey Snider, now of Eurodollar University. He’s at the top of the list of experts the Wealthion audience has been asking me to bring on the program and I’m thrilled he’s finally been able to join us.

The Big Money Is Made In Bear Markets As Deep Values Arise | David Hay

Capital manager David Hay of Evergreen Gavekal returns for Part 2 of our interview with him to discuss the odds for stagflation, recession and to share which assets he most favors right now given his macro outlook.