A Recking is Coming

What this episode covers

💡Get a free review with Wealthion’s trusted financial advisors at https://bit.ly/49R1cPT In part two of Open Position with Steven Feldman, Steven and the  Founder of Rosenberg Research, David Rosenberg delve into AI and extreme market imbalances. Steven worries that unlike past technological revolutions, AI is uniquely threatening because it directly replaces human cognitive labor, while David calls it "the most disruptive innovation" in history. They also discuss the economic metrics that show stock prices are irrationally priced compared to bonds. Steven suggests real assets are the only true safe haven right now and David lays out his portfolio balance while recommending  his contrarian, hard-asset heavy "Bond, Bullion, and Barbell" strategy to protect against an eventual economic and political reckoning. 💡Sign up for David’s newsletter or any of his valuable services by going to rosenbergresearch.com Chapters: 1:27 The Data that Shows AI will be “The Most Disruptive Innovation in History” and the Potential Negative Economic Fallout from it 7:24 The Data Behind David’s Push Back Common Inflation Views and How to Invest for it 10:45 David’s 3 Philosophies 11:45 The Data David Says Supports Bonds Over Equities 14:35 Steven’s Counter Argument and  Why Real Assets are the Only True Safe Haven 19:35 David’s Gold View and the Data Behind A $6k Valuation 25:41 David’s Portfolio Mix 28:30 Steven’s Gold View and Data Supporting Upside 30:25 What’s Keeping David Up at Night 35:45 "There’s Going to be a Reckoning" 38:14 What is David Solving for? Connect with us online: Website: https://www.wealthion.com X: https://www.x.com/wealthion Instagram: https://www.instagram.com/wealthionofficial/ LinkedIn: https://www.linkedin.com/company/wealthion/ #Wealthion #Wealth #Finance #Investing #PortfolioReview #InvestmentAdvice #FinancialPlanning #WealthManagement ________________________________________________________________________ IMPORTANT NOTE: The information, opinions, and insights expressed by our guests and our hosts do not necessarily reflect the views of Wealthion or the views of their respective employers. 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 and hosts, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion or their respective employers. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

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