Wealthion - kn csv

In this episode of Wealthion, James Connor of  Bloor Street Capital sits down with Henrik Zeberg, founder of The Zeberg Report, for a deep dive into his startling predictions for the 2024 economy. Zeberg forecasts a recession potentially worse than the Great Depression of 1929​​. He discusses the end of the money-printing era and the severe societal and economic implications of an impending deflationary period, followed by stagflation. Zeberg’s analysis touches upon the current state of the housing market, consumer sentiment, unemployment rates, and the Federal Reserve’s potential actions​​. He predicts a significant deflationary bust, the worst since 1929, affecting various markets including gold, Bitcoin, oil, and the broader stock market​​.

GDP growth for the past two quarters has been positive — but gross domestic income has been negative over the same period.

Our endorsed financial advisors at New Harbor Financial explain in this video how the bull rally in stocks has kicked into a higher gear recently. On the plus side, capital is now flowing into small cap stocks, so the market action is broadening. But now the number of stocks showing overbought readings is multiplying fast. And signs of potentially reckless speculation — like the volume of call options being traded — are suddenly everywhere.

Coal miners were famous for bringing canaries down into the mines with them, as the birds served as an early warning system for poisonous gases.

Macro expert and money manager Michael Pento returns for part two of our interview with him in which he suggests that the S&P 500 could drop by 30-40% to around 3,000 points if market forces were allowed to operate naturally. This drop would correspond to a severe recession or deflationary period.

Well, things are getting interesting fast, to put it mildly.

Market analyst and technical analysis expert Tom McClellan returns for Part 2 of our interview with him in which he explains why he expects the markets to hit a new bottom by October, rebound going into next year, and then experience a full crash by the second half of 2024.

It now hard to deny that the housing bubble 2.0 popped in 2022 as mortgage rates more than doubled.

At the close of the worst years for stocks & bonds combined on record, markets are trying to engineer a year-end rally to convince investors the bear market is over.