The markets are locked in a battle of dangerous extremes vs high complacency. Yes, there are many reasons to be concerned about today's record high valuations. But those concerns haven't mattered yet. And there's no guarantee they will on any relevant time frame to today's investors. And so the party in stocks continues on...for now. In today's interview, macro analyst Grant Williams discusses how we've reached this point: we debauched the value of money. And in doing so, we re-focused the goal of every company towards boosting the stock price, and away from creating sustainable value. How long can this continue before the markets reprice, downwards, to valuations that can be sustained by fundamentals? This is THE existential question facing investors today, Grant posits. Your financial well-bring will be determined by the choice you make here. For one of the more important discussions you'll hear on investing this year, watch this interview with the great Grant Williams. WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com --- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support

Well, the Fed has now cut its benchmark interest rate 75 basis points, and yet mortgage rates have RISEN -- back up near 7% for the average 30-year fixed mortgage. This has NOT been good news for the housing market, which has been frozen transaction-wise at record levels of unaffordability for the majority of aspiring purchasers. It's been often asked on this program: How long can the housing market remain broken like this? Well, we may be finding out the answer to that. In a growing number of metros, inventory is rising (substantially in many cases), prices are coming down, and long-standing real estate barons are starting to break their cardinal rule to "never sell". Is this growing trickle of motivated sellers we're now seeing as more and more regional housing markets start to thaw likely to soon become a flood? For answers, we're fortunate to hear today from mortgage expert and housing analyst Melody Wright. WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com --- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support

When today's guest was last on this program back in May, he predicted we'd see continued momentum geopolitically away from globalization and towards mercantilism and protectionism. That has proven to be the case worldwide, and particularly so for the US, where Donald Trump has just regained the Presidency with a clear mandate to pursue an "America First' agenda. How is this wave of nationalism around the world likely to impact the global economy? What are the biggest opportunities it may open up for investors? And what are its biggest risks? To discuss, we're fortunate to be able to spend the next hour with Michael Every, Global Strategist at Rabobank, who joins us from Thailand. WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com --- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support

In this week's Weekly Market Recap portfolio manager Lance Roberts and I talk about the round-trip the stock market has made since the Election. Is the rally likely to resume? Or was the exuberance short-lived? We also talk bonds, the recent inflation numbers, Lance's recent trades, and the wisdom of conducting year-end planning on your portfolio before 2025 arrives. For that and more, watch this week's Market Recap. WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #trumpeconomy #stockmarketrally #inflation --- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support

Well, the election is over and we have a clear victor. What kind of economy is President-elect Trump inheriting? And what impact on it are his policies likely to have? And what does this mean for investors? Where do the opportunities, as well as the risks, lie? To discuss, we're fortunate to be joined again by Michael Green, portfolio manager & chief strategist at Simplify Asset Management. WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #capitalflows #bullmarket #trumpeconomy --- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support

The markets continue to surge to all-time record highs, driven in no small part by expectations of a massive productivity boom enabled by artificial intelligence, otherwise known as AI Corporate America and Wall Street are clearly shrugging off the warnings that science fiction gave us about AI taking command of the world's technology to eradicate humans. But...there are some skeptics, like today's guest expert, who do think AI is a serious threat to the global financial order and to national security. A threat that cause chaos to ripple through the world's systems at lightning speed. In this new book MoneyGPT: AI & The Threat To The Global Economy, Wall Street veteran and former advisor to the Department of Defense James Rickards lays out the specific risks of AI we need to remain vigilant to, and the steps we can take to make the Age of AI safer for both our national interests as well as those of our species as a whole. WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #ai #artificialintelligence #marketcrash --- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support

Today's guest expert wrote in her latest newsletter: "This month, animal spirits surged on bets that artificial intelligence and central bank rate cuts can solve the problem of spreading insolvency." She is highly dubious that they can. And if indeed they cannot, what then lies ahead for the economy, for the markets, and for investors? To find out we'll hear it straight from her directly. We have the good fortune to welcome Danielle Park back to the program. Danielle is president and portfolio manager for Venable Park Investment Counsel, Inc, where she manages millions for some of Canada’s wealthiest families. She's also proprietor of the daily financial website JugglingDynamite.com WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #bearmarket #marketcorrection #stocksinvesting --- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support

Stocks and bonds both surged higher once the election was called for President-elect Trump this week. Technically and capital flow-wise, there are a number of reasons to expect stocks to keep running higher to year end and into 2025, though that won't happen without some pullbacks along the ways, counsels portfolio manager Lance Roberts. This week also saw the Federal Reserve cut its policy rate by a further 0.25%, with Fed Chair projecting confidence that a soft landing is in the cards. All this raises an interesting question: If bull markets "climb a wall of worry", are we running out of worry? Lance and I discuss that, the breakout in stocks, the future of bonds yields, what Trumps proposed policies will mean for the economy, and Lance's firm's latest trades in this week's Market Recap. SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #bullmarket #trumpelection #interestrates --- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support

What impact (if any) will the Trump victory have on Federal Reserve policy? Portfolio manager & Fed-watcher Axel Merk shares his immediate take-aways from this week's FOMC release and press conference with Fed Chair Jerome Powell. He'll also take live Q&A from viewers. --- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support

To better understand the current economic environment we find ourselves in, it helps to better understand how we ended up here. And few have as detailed an understanding as today's guest, who has been a true insider in both Washington DC and Wall Street for his extremely long & accomplished career. We're fortunate today to speak with former Congressman, economic policymaker & financier, David Stockman. He warns that "everything is overpriced" that it will be "damn near impossible" to continue the current high levels of deficit spending without restoking inflation. It would not surprise him to see a 30-50% downwards correction in financial asset prices begin next year. WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #federalreserve #debtcrisis #deficit --- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support

When Sven Henrich of NorthmanTrader.com was last on this program in July, he shared that he had just closed out all his longs and moved to cash. That moved paid off, as the S&P fell over 300 points in the following few weeks. Stocks rebounded after the sell-off and have powered higher up to today, now back near all-time highs. So what does his Technical Analysis tell us to expect next? Especially with volatility elevated, both in stocks as measured by the VIX and in bonds as measured by the MOVE index. To find out, we'll now hear from the man himself. WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #technicalanalysis #bullmarket #volatility --- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support