Wall Street’s Watchdog Speaks - Chris Markowski #5618

<p><strong>Summary:</strong><br /> Chris Markowski—AKA Wall Street’s Watchdog—has some criticism for the Fed, and comes on the show to talk about what they’re doing wrong at the moment. A lot of the conventional wisdom that is being taught about the Fed needs to be re-evaluated; there are a myriad of solutions for the current economic problems that go beyond our conventional perception of the Fed’s role/power. Nonetheless, there is a lot to be taken advantage of right now from an investing standpoint, and Chris names some assets and ventures to keep your eye on.</p> <p><strong>Highlights:</strong><br /> -Inflation is not transitory. Additionally, the Fed had raised rates slightly last year or cut back on bond buying, the situation could be different<br /> -Markets got crunched this year<br /> -The concept that the Fed is going to be able to solve this is just one part of the solution—things can be fixed in a myriad of ways<br /> -We don’t have enough resources for things like alternative energy<br /> -A lot of this inflation is self inflicted<br /> -Many recessions in the past haven’t been named recessions until later, but we’re currently seeing slowed economic activity on numerous fronts<br /> -As an investor, there’s a lot you can take advantage of<br /> -Chris gets nervous when markets are rapidly going up<br /> -It’s all about quality and companies that pay you to own them<br /> -Uranium and lithium need to be part of your portfolio<br /> -Many commodities across the board are starting to come down</p> <p><strong>Useful Links:</strong><br /> <a href="https://www.financialsurvivalnetwork.com" target="_blank" rel="noopener">Financial Survival Network</a><br /> <a href="https://watchdogonwallstreet.com/" target="_blank" rel= "noopener">Watchdog on Wall Street</a></p>