Debt Spiral Induced Market Crash Incoming? with Peter Grandich

Рет қаралды 8,917

Күн бұрын

Interview recorded - 14th of May, 2024
On this episode of the WTFinance podcast I have the pleasure of welcoming back Peter Grandich - Founder of Peter Grandich & Company.
During our conversation we spoke about strong markets leading to a crash, the risk of a debt collapse, what happens if no deficits, BRICS, why unemployment data isn’t the full truth, gold and more. I hope you enjoy!
1:04- Introduction
3:08 - Strong market for coming months before crash
4:53 - Risk of a debt collapse?
6:23 - How long has run been going?
9:53 - Wall Street Titans coming out against Biden
12:11 - What happens if no deficits?
16:50 - Who consumes China’s manufacturing?
19:11 - Can the change be prevented in US?
22:05 - Strong employment helping economy
24:30 - Assets to perform?
29:05 - Who is buying gold?
31:40 - One message to takeaway from conversation?
Peter Grandich entered Wall Street in the mid-1980s with neither formal education nor training, and within three years was appointed Head of Investment Strategy for a leading New York Stock Exchange-member firm. He would go on to hold positions as Chief Market Strategist, Portfolio Manager for four hedge funds and a mutual fund that bore his name. His abilities have resulted in hundreds of media interviews, including Good Morning America, Fox News, CNBC, Wall Street Journal, Barron’s, Financial Post, Globe and Mail, US News & World Report, New York Times, Business Week, MarketWatch, Business News Network and dozens more. He has spoken at investment conferences around the globe, edited numerous investment newsletters and was one of the more sought-after financial commentators.
His autobiography, Confessions of a Wall Street Whiz Kid, was first published in the fall of 2011. The second edition was released in 2014, while the third edition, Confessions of a Former Wall Street Whiz Kid, was issued in October 2015. The fourth edition of the book was later released in April 2019, and the fifth edition was issued in May 2021.
The fifth edition of the book is currently available on Amazon.com, but you can also read the book for free online. Read the book online.
Grandich was the editor and publisher of The Grandich Letter from 1984 to 2014. He was also Senior Commentator for Moneytalks.net from 2013 to 2015.
In 2013, Grandich founded the Athletes & Business Alliance (ABA), a private organization of professional athletes and business executives who exchange ideas and build relationships with an emphasis on capitalizing on the talents of all involved. A symbiotic organization, ABA is a network of accomplished individuals in an environment where one can develop personal associations with a structured and supportive system of giving and receiving business. The ABA boasts a select membership of diverse senior-level executives, high net worth business owners, and both active and retired pro athletes. By invitation only, high-level corporate and business decision-makers and prominent athletes intermingle. To achieve success, businesses must utilize effective marketing tools, secure new customers to generate repeat business and provide superior customer service that engenders loyalty. The ABA provides an environment to do this and more.
Peter Grandich currently resides in New Jersey with his wife, Mary, and they have one daughter, Tara.
Peter Grandich -
Website - petergrandich....
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KZbin - @Peter-Grandich
Blog - petergrandich....
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Пікірлер: 39

@BlueWaterSTAX 4 ай бұрын

Almost at 20k subscribers. Congratulations Anthony. Awesome channel

@rickyr678 4 ай бұрын

Thank YOU. You are genuine and good person. And you let the guests talk. So refreshing. Love your channel. Peter is fantastic too.

@peterdaly9283 4 ай бұрын

Good show, Peter's a great wealth of knowledge.

@kennewhouse5840 4 ай бұрын

Great Job!

@bkfabs 4 ай бұрын

I really enjoy Peter Grandich. Very knowledgeable and always gives common sense advice.

@jed1392 4 ай бұрын

Thanks Anthony.

@petergozinya6122 4 ай бұрын

Thank you Anthony

@jethro_Jr 4 ай бұрын

brilliant.

@joeysocks5718 4 ай бұрын

Great interview! "Debt is a terrible tool" - AGREE 100%

@ZoomedOut2020 4 ай бұрын

Love ya Peter..!!! God Bless

@benjaminmale601 4 ай бұрын

Pete is the best.

@jackgoldman1 4 ай бұрын

What to do? Education. Skills. Self sufficiency. Self employment. Storage of food, fuel, gold, silver, garden, food storage. The US public debt has. not declined since 1835 at $35,000, not 35 TRILLION. The debt is up ONE BILLION X. We are on a debt bubble binge. Never be paid. Will be a reset. Protect yourself. Good luck to us all.

@kelvinmatthews5542 3 ай бұрын

Doing a great job mate.

@GB-ep6hu 4 ай бұрын

In a major escalation of the US-NATO war with Russia in Ukraine, US Chairman of the Joint Chiefs of Staff Charles Q. Brown told the New York Times Thursday that the NATO military alliance will “eventually” send significant numbers of active-duty NATO troops to Ukraine, which the newspaper said meant the deployment was “inevitable.” Chairman of the Joint Chiefs of Staff Gen. Charles Q. Brown Jr. In asserting that NATO sending troops is “inevitable,” the Times means the decision has already been made, and all that is being awaited is the determination on how best to announce the escalation to the public.

@eugene1059 4 ай бұрын

Good channel

@Law-of-love 4 ай бұрын

Nieve Peter still living in pre-2009 genuine market pricing world - bless him. 🙏

@goldismoney5899 4 ай бұрын

I subscribed today after your mid-video "thank you". I didn't realize that I hadn't already.

@NV-uv3yz 4 ай бұрын

Recently, I tried to help a few guys at work and went through their monthly expenses. We easily found $700-$1,000 dollars per month. Once the guy seen this he said I could afford a new car... I laughed and jokingly said you've missed the point and told him to get out of my office.