A Thief in the Night! - Why the Next Great Crash is Inevitable by 2020! EPISODE 3

In this episode, our financial guru Bruce Weide delves deep into the economics behind a potentially looming recession, and how you can dance in the rain of stagflation like a pro. 🕺💃

Here's what you'll learn:

1. **Federal Reserve Finesses:** Uncover the Federal Reserve's tactics to simmer down the economy and why a recession might be their unintended side dish.

2. **Investment Strategy Shake-Up:** Whether you're into bricks and mortar, shiny metals, or stock tickers, learn why it's time to reevaluate your investments.

3. **Cash is King, but Inflation is a Thief:** Discover ways to protect your hard-earned money against the silent predator that is inflation.

4. **Stagflation 101:** Stuck between low growth and rising prices? Get the lowdown on stagflation and what it means for your wallet. Visit the website for a free course on Stagflation.

5. **Retirement Roadmapping:** Set your GPS for golden-year nirvana with Bruce's retirement roadmap strategies tailored to ride through any economic rollercoaster.

**Fun Fact of the Episode:**

Did you know the Canadian economy has been signaling "recession" in semaphore for the last four quarters? Bruce breaks down what our neighbors up North might be facing. 🍁

Don’t forget our amazing **Call to Action**: Sprint over to straighttalkwealth.com and nab your very own free "retirement roadmap"! While you're at it, dive into our treasure trove of past podcasts, join the mailing list, and unlock the door to our free courses. 🌟

Drop in, soak up the knowledge, and let’s make sure you're set to thrive, no matter what the economy throws at us!

Stay savvy, stay smiling, and most importantly – stay ready!

Talk to Bruce by visiting https://www.straighttalkwealth.com

What is the single most valuable skill your financial advisor should possess?
It's the ability to foretell the future!

And what do investors want to know today? They're asking, "Where's the recession?"

Follow along with Bruce today, as he pulls from some of the best minds to ask if The Fed got it right or wrong on interest rates hikes. Will we have a soft landing after all, or is the other shoe about to drop?

In this episode of Straight Talk Wealth, Bruce White discusses the signs of an impending recession and the impact on your financial security. Stay ahead of the economic curve with valuable insights and strategies for safeguarding your investments.

- The importance of staying informed about the rapidly changing economic environment

- Key factors to consider for a successful retirement amidst economic shifts

- Exploring the impact of stagflation and high interest rates on the economy

- Insights into predicting future market trends and recession indicators

- Resources and training available to help navigate the current economic climate

Talk to Bruce by visiting https://www.straighttalkwealth.com

This week I came into the KVTA Ventura studios and decided to broadcast live and take calls.

I really want to know what YOU want to hear about! 

I started to get into David Stockman and the difference between how the markets and economy appear and what Mr. Stickman thinks they're really doing. BUT...the phones kept ringing and YOU ALL are much more interesting.

Well, some nice ladies called in and we heard some fascinating stories. Check out this special editions!

Talk to Bruce by visiting https://www.straighttalkwealth.com

There's a feeling out there that the investments markets have weak underpinnings, and that soon, the tides will change.

Maybe.

But do you understand why some pundits feel that way? With historically low unemployment, high prime-age workforce, and so thereby monetized consumers, what could go wrong?

Extreme global levels of debt. That's what.

Now, I'm not declaring any doomsday or recession. But if you're wondering where the fears start, they start there - with global debt levels. Because it's always the over-leveraging of debt into a bubble by investors and the banking system that causes "The Big Ones" when it comes to crashes.

Again, I'm not saying this is imminent in the near future at all. But in this episode, we start with global debt to help you understand a much more close-to-home related issue that I see so much misunderstanding and misguided asset allocation chasing toward. I'm talking about the Religion of Goldbugs.

When global debt breaks, as it did in 2008, did it cause inflation, or deflation? Is gold an inflationary asset, or a deflationary asset? If you're holding a major allocation of gold, and you don't immediately know the answer to those questions, maybe you've drank a little Kool-Aid, too?

I'll break it down for you in this episode, and actually help you have greater certainty when to own gold and when to dump it.

Episode includes articles on Global Debt from the International Monetary Fund and The Washington Post, plus excepts from my one-on-one interview with Harry S. Dent a few years ago. Plus, there's an offer to acquire a greater library of useful materials on the subject of Inflation, Deflation, and Gold.

Enjoy!

Talk to Bruce by visiting https://www.straighttalkwealth.com

After a lifetime of accumulation of savings and wealth, for retirees the entire games changes to the spending of wealth.

So how does your portfolio provide for you then? In the past retirees have leaned heavily on income producing assets, such as dividends and bonds.

Dividend payments have particular frailties. They're never guaranteed and, as shown by  the 2018 collapse of telecom dividends, (Frontier, Century Link, etc) the income can be shut off with little or no notice. And when that happens, the stock price tumbles so that investors are trapped in quicksand, where it's impossible to get the money back out that they invested and take it somewhere else.

Bonds have their own trap, also discussed in this episode.

And so, in this episode of Straight Talk Wealth Radio a surprising new approach as to how income can be generated by a portfolio, known as Longevity Credits, is revealed. It can grow income from a portfolio in ways that have zero with to with the movement of interest rates or the direction of stocks. And it can produce income, often at substantially higher levels than dividends or bonds, and that will be guaranteed for life at that level OR BETTER!

If you ever think you'll need INCOME from your retirement portfolio, be sure to listen to this episode of Straight Talk Wealth Radio, before you find yourself stuck in the old traps of dividends and bonds.

Talk to Bruce by visiting https://www.straighttalkwealth.com

If what Alan Greenspan says is true, we are heading into a whole new uncharted world of financial planning and asset allocation. In this episode hear Alan Greenspan in Sept of 2019 declare:
1.) The US GDP is driven by the US Stock Market! (The OPPOSITE of how it has ever been).
2.) Negative Interest Rates WILL COME to the U.S. It's only a matter of time!

This changes absolutely everything for retired investors and savers. It means:

• Asset Allocation is gone! The component of Safety (bonds and bond funds) are going to earn so little they will be irrelevant to a portfolio. You will have to PAY for safety.
• The only place to be will be RISK-ON! But the very reason we are heading into low interest rates is to prop up a sagging market, which now has the very power to change the health of the US Economy by it's volatile swings.
• Every retired person, no longer working, will have lackluster portfolios unless they are willing to live their retirement on the precipice of Risk.

In this episode Bruce discusses alternatives to bonds that can bring balance back to retirees portfolios when bonds and bond funds become impotent.

Talk to Bruce by visiting https://www.straighttalkwealth.com

We've never covered this topic before, but every single person age 64 1/2 should be paying close attention. Medicare rules are changing. Rates are changing. Benefits for Medicare Advantage and Medicare Supplements are changing.

This week, Bruce brings in Ventura's leading Consultant on Medicare, Jessica Jones, to discuss why your Medicare coverage is NOT something you stop paying attention to!

Talk to Bruce by visiting https://www.straighttalkwealth.com

As the US Economy achieves it's longest ever period of expansion, only one of two great stories can be told!

• Overloaded with private and public debt, and a decade of stimulus, we will soon see the greatest bubble burst in all of US History.
• The Federal Reserve has done a phenomenal job, the economy has never looked better, America is the greatest economic engine in the history of The Western World, and demographics are poised to carry us into further prosperous times!

We're not joking! Both stories are compelling! And in this episode Bruce draws on the words of David M. Stockman, credited with being the economic mind of the Reagan Revolution to slash taxes and support private enterprise, and Logan Mohtashami, an outspoken economist from Orange County, CA, blogger of Financial Truth, and frequent guest on Bloomerg and other cable financial news. And these two couldn't disagree more!

Get the "Fair and Balanced Story" because you've asked for it. But just be careful what you wish for. Because in the end, you're the one who will have to find the correct and true version.

Talk to Bruce by visiting https://www.straighttalkwealth.com

The core issue of this macro-economy, the driver of every tactical investment decision boils down to whether we have inflation or deflation ahead. That single issue affects stocks, bonds, banks, real estate and metals. No single investment choice can escape this fulcrum of balance in the economy.

In this episode Bruce discusses the ongoing pressures in each direction. How do things look under severe inflation or deflation? How should your planning change for either, and who will be the winners and losers in either scenario.

Talk to Bruce by visiting https://www.straighttalkwealth.com

The U.S. economy is currently in the midst of the longest expansion in history.

But for retiring Boomers, or those near retirement, it's not about where we've come from, but about where we're going! Boomers don't have any room left for another decade of mistakes in their saving or investing strategy.

Of course, there are only two answers - Growth or Contraction. And if you're like the average IRA or 401k owner, you're hearing both stories circulating right now, and you don't know who to believe!

In this episode of Straight Talk Wealth Radio host, Bruce Weide, reaches out to economists on both ends of the argument and helps you understand the essential differences in their current economic predictions so that you can better think for yourself, by better understanding Economics 101, and the basis of their arguments.

Episode features two opposing viewpoints about the future of the American Economy!
With Logan Mohtashami, financial writer and blogger covering the U.S. economy with a specialization in the housing market. 
https://loganmohtashami.com/

And Harry S. Dent, N.Y. Times Bestselling Author of Sale of a Lifetime - How the Great Bubble Burst Can Make You Rich.
https://economyandmarkets.com/

Talk to Bruce by visiting https://www.straighttalkwealth.com