This week, I had the chance to sit down with Addison Wiggin, a writer, publisher, and filmmaker who has been covering financial markets for over three decades now. His podcast, The Wiggin Sessions, routinely brings on industry experts from all over the world of finance to discuss and dissect the things that matter most to financial markets and our lives.
And let me tell you, it was a wide-ranging conversation, and probably one of the best ways to get a bird's eye view on just about everything that's impacting markets right now and will impact them in the near future. We reviewed the history of how we got here and the consequences of having artificially manipulated low interest rates for so long, what hidden factors led to the banking crisis and what the real role of the FDIC is in all that, the problems with commercial real estate, consumer debt, the credit downgrade... it's basically a crash course on the financial realities of the moment.
And of course, because I always want to make sure you're armed with the knowledge you need to survive and thrive in any market, we talk about the strategies and tactics you can employ to stay ahead of the proverbial game.
Just click on the image below to watch the interview (or if you prefer, get the transcript here):
As you can see from the image, one of the topics we covered is AI and how the proliferation of AI is going to change the world.
Experts have predicted everything from the loss of two-thirds of the current job market to sweeping upheavals in how literally every business on Earth works. And we're much closer than anyone knows to the release of the "artificial superintelligences" that are going to create such massive change - in fact, they could start rolling out in as little as 90 days.
In this new environment, companies like Microsoft and Nvidia will, of course, be decent investments. But the real profit potential is in companies very few people have ever heard of, but which are in industries that could skyrocket to potentially global prominence as AI adoption takes hold.
Investing in these companies now could be like investing in Microsoft before it became one of the biggest tech growth stocks on the planet.
And I've already done the research to show you exactly where to invest. Everything you need is at this link.
The post Watch This Crash Course on the State of the Markets Right Now appeared first on Total Wealth.
About the Author
Shah Gilani boasts a financial pedigree unlike any other. He ran his first hedge fund in 1982 from his seat on the floor of the Chicago Board of Options Exchange. When options on the Standard & Poor's 100 began trading on March 11, 1983, Shah worked in "the pit" as a market maker.
The work he did laid the foundation for what would later become the VIX - to this day one of the most widely used indicators worldwide. After leaving Chicago to run the futures and options division of the British banking giant Lloyd's TSB, Shah moved up to Roosevelt & Cross Inc., an old-line New York boutique firm. There he originated and ran a packaged fixed-income trading desk, and established that company's "listed" and OTC trading desks.
Shah founded a second hedge fund in 1999, which he ran until 2003.
Shah's vast network of contacts includes the biggest players on Wall Street and in international finance. These contacts give him the real story - when others only get what the investment banks want them to see.
Today, as editor of Hyperdrive Portfolio, Shah presents his legion of subscribers with massive profit opportunities that result from paradigm shifts in the way we work, play, and live.
Shah is a frequent guest on CNBC, Forbes, and MarketWatch, and you can catch him every week on Fox Business's Varney & Co.