"It's just not that easy to make money in the markets; it requires discipline." These words resonate with self-directed investors who often find themselves underperforming the indices. The new Steady Wealth Podcast website, available at www.steadywealthpodcast.com, delves into the heart of this issue (and others), addressing the reasons behind individual investor underperformance.
In the latest episode of The Steady Wealth Podcast, host Serge Berger dives into the topic of the economic recession.
Frustration is growing among investors due to the lack of a noticeable economic downturn, especially in the equity market.
Serge focuses primarily on the United States economy but also touches on Europe and China due to their interconnectedness.
He discusses the performance of the S&P 500 and NASDAQ 100, noting significant gains year-to-date.
Serge presents two different camps of thought: the bullish camp, which believes the market won't go much lower due to extreme negativity and a strong consumer, and the bearish camp, which looks at interest rates and the potential impact on economic growth.
He discusses the timing of a recession and highlights problems in regional banking and commercial real estate.
Serge concludes by stating that an economic recession is imminent and advises investors to prepare for a potential downturn.
