WORRIED ABOUT THE MARKETS? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Wealthion’s endorsed financial advisors at

Macro analyst Luke Gromen returns for Part 2 of our interview with him on the unfolding sovereign debt crisis & the likelihood of recession, which he sees as “inevitable” — largely due to higher oil prices and the collapsing commercial real estate market.

Luke also shares his outlook on which assets to consider holding in such an environment, as well as which ones to steer clear of.

Follow Luke at his website

And on Twitter @LukeGromen and on YouTube @LukeGromenFFTTLLC

TIMESTAMPS
0:00 Recessions and recessions inevitable.
5:56 Does the argentinaification of the economy include social uprising?
14:55 The importance of oil and real estate.
22:04 The extent to which the housing market will crash.
29:04 Thoughts on a new BRICS currency priced in gold.
_________________________
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:

Subscribe to our YouTube channel

Follow us on Twitter

Follow us on Facebook

#oilprice #recession2023 #commercialrealestate
____________________________________
IMPORTANT NOTE: The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields.

While we value and appreciate the insights shared by our esteemed guests, they are to be viewed as personal opinions and not as official investment advice or recommendations from Wealthion. These opinions should not replace your own due diligence or the advice of a professional financial advisor.

We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so.

The world of finance and investment is intricate and diverse. It’s our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust….(read more)

BREAKING: Recession News

LEARN MORE ABOUT: Bank Failures

REVEALED: Best Investment During Inflation

HOW TO INVEST IN GOLD: Gold IRA Investing

Recession Is Inevitable. So Own These Assets.

In today’s uncertain economic landscape, it seems increasingly likely that a recession is on the horizon. This is a notion shared by financial expert Luke Gromen, who suggests that preparing for an economic downturn is crucial. But what exactly does this preparation entail? Gromen suggests focusing on certain assets that have historically shown resilience during times of recession.

One of Gromen’s recommendations is gold. The precious metal has long been considered a safe-haven asset in times of economic instability. As a tangible asset, gold tends to hold its value and even appreciate during periods of market turmoil. Its limited supply and universal appeal make it attractive to investors seeking stability and wealth preservation.

Another asset that Gromen touts is real estate. While the housing market can be volatile, owning property can be a valuable long-term investment. During a recession, property values may decline, but historically they have rebounded and grown again post-recession. Furthermore, real estate can provide a steady source of rental income, adding another layer of stability to one’s portfolio.

Gromen also advises diversifying one’s investment portfolio by including government bonds. U.S. Treasury bonds, in particular, are often regarded as a safe investment during times of economic downturn. Government bonds are backed by the full faith and credit of the government, which gives them a high level of security. They provide a fixed income stream and serve as a buffer against volatility in the stock market.

In addition to these traditional assets, Gromen suggests exploring alternative investments such as cryptocurrencies. While relatively new and highly volatile, cryptocurrencies like Bitcoin have shown potential as a hedge against economic uncertainty. Their decentralized nature and limited supply make them appealing to investors looking to diversify their holdings beyond traditional financial instruments.

Gromen emphasizes the importance of taking a long-term view when considering investments before a recession hits. Timing the market perfectly is nearly impossible, so it is crucial to make informed decisions and hold onto assets that have a history of weathering economic storms.

Investing in recession-proof assets is not a guarantee of success, nor does it eliminate all risk. However, by diversifying one’s portfolio and owning assets that have proven resilience in past recessions, individuals can better position themselves to weather the financial storm that may lie ahead.

As always, it is important to consult with a financial advisor before making any major investment decisions. Everyone’s situation is unique, and a professional can help tailor a plan that aligns with specific financial goals and risk tolerance.

In conclusion, recession is an inevitable part of the economic cycle. By owning assets like gold, real estate, government bonds, and potentially even cryptocurrencies, individuals can position themselves in a way that may offer some protection during an economic downturn. While no investment strategy is foolproof, diversification and preparing for the future can provide peace of mind and potentially preserve wealth even in challenging times.