Here's The Latest Outlook From Lacy Hunt, Stephanie Pomboy, Michael Pento + A Dozen Other Experts
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- čas přidán 22. 05. 2024
- BUY THE REPLAY of the full Thoughtful Money conference here at thoughtfulmoney.com/conference
Well, the first-ever Thoughtful Money conference was held online this past weekend and I’m delighted to say the event was a real success.
That was due primarily to the amazing line-up of speakers who presented and took live audience Q&A throughout the insight-packed 9 hour day.
Lacy Hunt delivered the keynote, followed by Stephanie Pomboy, Michael Pento, Ted Oakley, Michael Lebowitz, Danielle DiMartino Booth, Tom McClellan, Brent Johnson, Melody Wright, Rick Rule, Matt Piepenburg and Mark Moss.
For those of you who didn’t attend, I thought you’d enjoy hearing some of the conference highlights.
#recession #hardlanding #marketcorrection
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Adam just to let you know I stopped watching Welthion Because you left. So I subscribed to Your New Program Always 👍👍👍👍👍
Adam, love your content but you need to talk about Bitcoin. Bitcoin is far superior to any other investment. Invite Swan's CIO to your show. You guys need to discuss the "Nakamoto" portfolio. This model proves that adding Bitcoin to traditional portfolios will increase the Sharpe ratio and increase returns. Rapha Zagury is the guy who put this model together. He works for Swan.
@@HaveANiceDay108 Bitcoin is at the exact same price it was at in April 2021. Three years with no gains. The NASDAQ is up 30% in the same period. So how is that performance "far superior"?
The Fed created the problem with zero interest rates for 20 years. Why save when you receive zero yield on your savings? Your group gives a very accurate summary imo. Excellent.
Lessee if we have this straight.
So you're saying the government's criminal fiscal abuse of tax payer money,..
Trump adding nearly $8 trillion to the debt in 4 years,.... senile ole joe continuing to unnecessarily deficit spend 50% more in 2021, 22, 23, 24,.. (adding $2 or 3 trillion to the debt each year),... years after the pandemic is over,.. than was spent the year before it started,..
AND WE'RE NOT EVEN IN A RECESSION,...
has nothing to do with it????
That the Fed who can only react to the criminal fiscal abuse with the few monetary policy tools it has,... is completely and solely to blame?????
Do we have this about right???
I like this format of shorter, salient clips from guests. I love longer form interviews but this is a nice change of pace from Adam
Great culmination of my favorites. Mostly delivering information that many don't want to hear but need to hear. Thank You
How come none of these "experts" saw the fiscal support coming?
Because it wasn't telegraphed doofus. How come you didn't?
These experts will eventually be right. Just don't invest based on what they say. You'll lose.
Enjoy your vacation well deserved
Adam,
Thanks for all the information you provided. I'm in Canada and to be honest I started scaling out of the market in February. Now I feel squeeze, like once when I was a child, I'm at the top of the tree with little branches and a little trunck, it's now getting scary.
I'm now 90% cash @ 5% waiting for sh$t to hit the fan...
I believe in capital preservation first and foremost, as I'm now in my 50's...
I appreciate what you provide...
Thank you,
James 🇨🇦
Best approach. Wait for the gems to fall into your lap.
Thanks so much for the excellent update, Adam. Please have a good break and focus on your family, worry less about updating us 👍
An excellent capsulization of each analysts opinion. A+
Great to receive these excerpts. I really enjoy ( and benefit from) listening to Ted Oakley, Mike Leibowitz and Stephanie. They are three of my all time favorite guests at TM
great conversation! All I'll say is; I curse the day that I was told how any of this should affect the stock market. All of us in this camp have missed one of the most powerful 5 month rallies in market history! Beyond frustrating to say the least!
Thanks always Adam brother. I’m in Greece right now. Everything’s open here no stealing going on like in the San Francisco Bay area. I’ll tell you that much and everything’s very reasonable like I said.
An EXCELLENT SYNOPSIS of excellent speakers. Thank youT
I love this summary video, compilation of all guests.
Enjoy the well deserved downtime Adam, thank you for the work you do.
Thank you for the efforts invested in this nicely constructed summery. Appreciate the salient points concisely delivered. Very much like this shortened, to the point, podcast model.
Great compilation!
Thank you for sharing these snippets!
Thank you for this compilation!
Thank you, Adam! Enjoy your time with your family!
It was a wonderful conference!
THANK YOU ADAM, GREAT SUMMARY.
Thank you Adam for all you do to keep us focused in on the trends and important technical analysis. I am grateful. I self direct my own investments and it really helps. Unfortunately far too many people have short time horizons and the expectation that someone can consistently predict the short term future is absurd. I feel very safe and secure and have been following these experts for a long time. You are doing a great service to many people who are all trying to understand it all. If I decide to hand my portfolio over to someone I would call you folks first.
Fantastic…I hope you enjoy your well-deserved vacation.
Adam thanx for the summary as I can’t attend or watch hour long videos. Great stuff & enjoy your vacation!
Wow, Adam, you are the King. . .
Excellent ... kudos Adam, loved the concise and salient info from some of the best economic minds out there
Thanks guys!!
Adam, being a “I got the gist of it ” (successful) investor. This Video is perfect.
Quality content and insights as usual, thank you all!
Thank you so much Adam for sharing this with us.
Should have attended the conference as summary content looks very good
Dow 18 ounces of gold in 1929, 18 ounces of gold in 2017 - 2024. The more things change the more they stay the same.
Great show.
DDM this hairstyle suits you the best among all the different ones you have tried. You look awesome in this 👍
The Doomsday Committee
haha seriously. I've been preparing myself mentally for a correction but was not expecting to hear this level of bearishness.
YUP,. All this Negativity,.. WOW,.. I THINK, I'll,..
HOLD my Stock and Bond,.. CEF's and ETF's and KEEP drawing,.. DIVIDENDS !
These People, HAVE MISSED, this AWESOME,.. Bull Rally !
THIS Bull's,.. probably gonna RUN up to,.. the Election !
Rate Drop's,.. ARE still,.. to COME !
Am still with Jim Bianca's No Landing
Thank you so much, Adam, for providing these insights for all of us.
great stuff. I especially enjoyed Mike Pento's comments as well as Stephanie's. I expect a poor market on the horizon
Make sure to add Peter Schiff, Harry Dent and other all time doomers to your next video. Timing markets is impossible.
Michael Pento must be generating some serious alpha because it's Christmas at his house year round.
Have a great vacation, Adam.
Enjoy your vacation Adam
I heard you say "vacation". Now, what that look like Ms Daisy??? 😂😂😂
I agree with the hard landing scenario but what surprised me is that the political responses to a hard landing could come in the form of higher trade barriers and the general Western push of decoupling from China which I its own way is a blueprint of the 1929-1936 Great Depression. 😮
All good news I'd expect.
Can we hold off a few days on the crash I need to collect my first quarter dividends in a few days before I retreat 🤓
I'd imagine the crash won't be before the election
@@Jalleur14325you would think the current presidential choices alone would cause a crash. 😢
I'll be collecting, at Least, 6 MORE Months of, Dividends,.. BEFORE I,.."Sell" !
Very Few People, can EVER call,. a "Black Swan",.. Event !
Having missed the run up in 2023 early 2024 completely the same experts are back for another bite at the apple. Maybe later this year...or maybe 2025 for sure, failing that.. then for 2030 for sure!
I expect a drop in the market so the ensuing rally looks impressive up to the selection in November. Then WATCH OUT!
Have a nice vacation
There is always a lag effect
Brent Johnson is pretty good. I don't pay attention to the rest.
Bitcoin idiocy is astonishing.
Sooo...Michael Pento still has his Christmas tree up??
Can I recommend trying to get Gary Stevenson, British economist, on the show?
If you are a serious investor, ie not a gambler, stay away from any conference that has bitcoin pumpers.
Honestly, just dollar cost average in and ignore the white noise.
-SOFT LANDING- -HARD LANDING- .........CRASH LANDING ?
YUP,.. "Some Day" ,.. maybe !
I'm real,.. "scared",.. LOL !
No landing
Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊
Who?
Me?
Expert doesn't mean correct!
Somebody explain what the end game is for the World Economic Forum. We are moving in the wrong direction as a country. One crisis after another.
These are all great guests. I suggest you ask these friends to coax an interview out of Schiff or Gundlach for your channel.
Do you really need to hear Schiff to know what he's going to say?
@@Erikpdx Your question/ argument applies to every single guest ever. Do you really not know what Hunt, Pento, or Pomboy are going to say?
@@jacquesreilly1850 what are their timelines and what are they putting their money in now (besides some gold) - no, it's not always the same. Schiff only has one playback for all of eternity
@@Erikpdx I apologize for triggering you. I didn't know you so vehemently hated Peter Schiff. Please post any other persons or topics that get under your skin.
@@jacquesreilly1850 no problem. I was just shocked at how desperate you were to be fed the same garbage over and over.
Any thoughts on the “spliced” live Fed meeting with Powell?
Brent J is about the only one on this list I would listen to..
Thank you very much for this highlight video!
Adam, your stable of experts is quite impressive and admirably strong on their unflagging macro economic convictions...2 years and counting!
OUR current US Macro Financial Economy Condition is 3 Standard Deviations unprecedented with OUR Central Bank technically INSOLVENT on every metric. This is the only financial mathematical fact...it is Ground Zero Inflation default/devalue or Deflation NPV fair value/discount?
So NOBODY can forecast when the Explosive Shift of the seismic US Supply/Demand chart will SHIFT and in what direction?
Personally I am anti-Yellen contrarian betting on the Return of Capitalism, the end of Fiscal Deficit Monetary Dominance and the 15 year Financial Monkeys of the current 55+ Investment class will become REAL LOSERS and all their bananas will be taken away!
Enjoy a Milkshake or 2 on a well deserved break/vacation!
Whats with the xmas tree in the background?
It is good to listen to market analysts and economic experts but, only for educational purposes. Warren Buffett/Charlie Munger are the men that have been doing the money over the years. And they recommend not to listen to any gurú for investment purposes or charge. I totally agree. I enjoy a lot the videos always but I do not want to fail as Newton trying to be euphoric while the crowd is excited. Now I am patient and following my plan... I will try myself to keep some dry powder for the time when the crowd is with their heads down. I left all excitement about investing 10 years ago in the closet, and I am a boring person now... Without feelings about markets up or down... I do not care... But happy.
Yellen did say they expect the economy to slow.
Hey I’ve got a great idea, let’s short NVDA! 😱
I am starting to wear my underwear on both sides to pay my rent.
Brett Johnson pumping the dollar 😅
*relative to other currencies. He's looking at the dollar as the reserve world currency, not against inflation
Love it video under an hour !
If u apply real inflation numbers n adjust the GDP deflator, US economy already has been in recession for last 3 years.
Let me guess...bearish
Buy gold and long bonds
where is the one guy predicting s&p 2100 and the other one predicking s&p 250? i need to know if I should cover my s&p short at s&p 2100 or 250?
Bitcoin vs Tulip mania At least when it crashes you have a tulip
4th, 19 March 2024
"Bitcoin gets to $43 million in the next 60-80 years" How can anyone even remotely take this seriously.....
And after 80 years. Cup of coffee will cost 100 milion. 😂😂😂
Well let's see, it was worth nothing 15 years ago, but for the sake of argument we will say it was worth 1 cent, and today it is worth 72,000, so that means it increased its value 7.2 million times in 15 years....
It is really unfortunate a guy like this gets invited to an investment conference. Makes me wonder what direction Thoughtful Money is going? Is it going to be just another Wealthion?
@@rodiculous9464 Bitcoin has gone down to 62.000 dollars it's just speculation No value in it 😊
All Bears? That means the market will keep ripping!
Bitcoin to 43M . Dreams have no limit to their price. Tangibles are grounded in their worth by the utility they provide.
As a retired man you need an income plan but also a longer term growth plan
But then .. he only invited people who agree with him. :)
Michael (Pento), its time to take the XMAS tree down.
It seems to me the only person in this group who recognizes the global liquidity entering US investments is Brent Johnson. The rest are only looking at US economic indicators and saying “It’s over valued”, “ It’s gonna crash.” I think Adam should take a look and show how long some of these people have been calling for a crash. I especially like the ones who cite markets from 1929 or the 1970s. As if anything is remotely similar to those times now.
All of these so called experts have been so wrong.but not one of them even mentions how bad their calls have been.
Of course not and they’ll never tell you what their returns have been.
42 pct of Gdp is due to government spending this is unsustainable
I don’t like either Dems or Republicans, but I have a feeling if we had a republican president, more true financial news would be out there
Sorry, the last Republican president is a liar. Yeah we need more liars.
3:10 I respectfully disagree with comparison of historic total MC / GDP. People’s taste change. Back then only the top tier knew about the stock mkt. Today, kids play it.
When the bank crisis happens, the fed will keep printing, this will be the answer to all problems. The fed will NEVER let anything fail. The stock market will never fall. Bring in illegals to boost the economy, cheap labor and SS money. and of course votes
Avengers assemble.
Rick Rule looks like he's in a break room at the local prison 😂
Bitcoin crowding out dollar investments. Classic sign of greshams law in reverse. It isnt bad money chasing out good. Its bad money speculatively outperforming in badmoney terms. Goodmoney price action is subdued for now.
Good point
I feel like you put together an Avengers-style group. All the superheroes of finance. Thanks for bringing the March Madness of financial minds together for a comprehensive round up of all things finance-related.
The superheroes of losing money.
X- is finished sign, sput- well we all know watt that is just make the sound with your mouth you’ll get the picture!
Before you take any advice from this channel, go back and watch Adam's videos from the past two years. He advised getting into bonds for the worst bond market in decades. He advised getting out of stocks before the 70% AI rally. Pretty much gave the worst portfolio advice possible
This is not true -- I very intentionally do NOT give advice. Rather, I interview experts and help the audience understand their outlooks as clearly as possible
@@adam.taggart In the description of your channel you explicitly say the purpose of your channel is to "provide actionable advice". Your words - not mine. I'm calling you out. The "experts" you have cherry picked for the past year have completely misread the economy and market reaction by 180 degrees
Your greatest challenge on a go forward is finding new voices. I had to chuckle a little bit at this core group of people that's respectfully just a retread of the same old same old people that are on the stump. I don't know what it is about them that they're able to command the stage all the timebut you know we need to move forward with something new and refreshing or at least a different voices
Honest opinion from a substack paying subscriber. The costs to put on the conference have to be almost entirely fixed. You'd make more money at a $99 subscriber price for a one day conference over the current pricing schedule.
People PAY for this garbage? Man…PT Barnum was right!
Yep 👍 another expert …🔦 Who's Really Behind The Great Reset (Not WEF) w/Ivor Cummins 🔦
-15 minute mark will help with the visual PPT
- Ivor was woken up really in March 2020
Do some of these bear experts just intentionally ignore all the charts that are starting to break out on yearly charts? Just more fuel for the bull market we've been in. Talk about cherry picking charts in seas of contradicting ones.
if you own stock or a house.......sell now and run for the hills....we are done
Love you guys and still watch your videos regularly. However, a tremendous run up has occurred the entire time you guys have been calling for just the opposite. Sooner or later (years?) everyone is right. I have actually agreed with your point of view the whole time, but then again I'm not an "expert".