Wealthion - Be Financially Resilient

Could rising Treasury yields trigger the next major market downturn?

In this exclusive interview, Jesse Felder, founder of The Felder Report, explains why he believes the 10-Year Treasury yield is the most important chart in the world—and why it could derail the AI boom, pressure stocks, and expose deeper problems in the global economy.

Felder argues that investors are underestimating the risks building in the bond market, warns a slow-motion debt crisis is already underway, and explains why soaring government debt, persistent inflation, and higher interest rates could reshape markets for years to come.

He also shares why Warren Buffett's massive Treasury position makes sense today, why momentum investing may be breaking down, where he sees value emerging, and why energy, oil, and commodities could outperform in the years ahead.

In this interview:

* Why Treasury yields matter more than ever
* The biggest risk facing the AI boom
* Why Jesse believes a debt crisis has already begun
* The Federal Reserve's inflation challenge
* What rising bond yields mean for stocks
* Warren Buffett's defensive strategy
* Gold, oil, and commodity investing
* Value investing vs. momentum investing
* What every investor should be watching next

💡 If you're looking for deeper market intelligence, not just more market noise, join the Wealthion community at Wealthion.com. You'll get exclusive insights from Jesse Felder and many of our leading experts, along with deeper analysis and conversations available only to our members.

Chapters:
00:00 Jesse Felder's Biggest Market Warning
00:18 Join the Wealthion Community
00:45 Why Treasury Yields Matter More Than Stocks
02:38 The 10-Year Treasury & a Slow-Motion Debt Crisis
05:34 Is the Fed Losing Control of Inflation?
10:07 Japan, Government Debt & Bond Vigilantes
13:45 Why Treasury Yields Keep Rising
16:42 Could Higher Bond Yields Crash Stocks?
19:10 Gold's Next Move & Future Fed Rate Hikes
22:23 Where Should Investors Hide? (Warren Buffett's Strategy)
24:58 Is the AI Bubble Finally Bursting?
30:49 "The Beginning of the End" for AI Stocks?
34:56 Why Oil & Energy Could Be the Best Investment
38:49 Biggest Risks for Markets This Fall
39:17 AI Earnings, OpenAI & the Circular Financing Problem
42:40 Final Warning: Watch Treasury Yields

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#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.
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Have U.S. markets quietly split into two completely different markets?

In this conversation with Maggie Lake, Jim Bianco, President of Bianco Research, argues that's exactly what's happening.

According to Bianco, just 41 AI-related companies now account for nearly half of the S&P 500, while the other 459 stocks are increasingly moving independently. He explains why investors should think of AI and non-AI stocks as two separate markets—and why he believes the AI boom hasn't yet reached bubble territory.

Bianco also explains:

* Why AI is the biggest technological revolution he's ever seen
* Why today's AI rally is different from the dot-com era
* What ultimately causes every technology bubble to burst
* The biggest risk that could derail AI investing
* Why the next phase of the AI trade could be even more volatile

Whether you're bullish or bearish on artificial intelligence, this interview offers a framework for understanding where we may be in the AI investment cycle.

💡 Stay ahead of the biggest macro and market trends with interviews featuring the world's top investors, economists, and strategists covering AI, equities, macroeconomics, precious metals, energy, and real assets. Subscribe at: https://www.wealthion.com/

💡 Not sure how much AI exposure belongs in your portfolio? Get a free portfolio review with one of Wealthion's trusted financial advisors and build an investment strategy tailored to your goals: https://wealthion.com/advisors

Chapters:
00:00 AI Is the Biggest Technology Revolution Ever
00:27 There Are Now Two Stock Markets
02:15 AI Stocks vs. Everything Else
03:09 Every Technology Ends in a Bubble
04:14 Why AI Hasn't Peaked Yet
05:35 What Could End the AI Boom?

Connect with us online:
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#Wealthion #JimBianco #AIStocks #AIBubble #ArtificialIntelligence #StockMarket #SP500 #Investing #MacroEconomics #Finance
________________________________________________________________________
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

For years, investors have been waiting for a recession that never seems to arrive. According to Fourth Lane Partners Portfolio Manager Andrew Sarna, there's a simple reason why: massive government deficits continue to overwhelm traditional recession signals.

In this interview with Maggie Lake, Sarna explains why bonds are no longer a core portfolio holding, why the AI trade may be losing momentum, and why he believes real assets—especially energy and gold—remain among the best long-term investments as debt, deficits, and geopolitical tensions reshape global markets.

Topics discussed:

- Why recession calls have been wrong
- The bond market's warning
- Is the AI trade starting to crack?
- Why bonds are no longer "safe"
- Gold vs. equities
- Why energy remains undervalued
- Building a portfolio for the next decade

💡 Inspired by Andrew Sarna's outlook on deficits, gold, and real assets? Get a free portfolio review with one of Wealthion's trusted financial advisors: https://www.wealthion.com/advisors

Chapters:
00:00 Cold Open: Why a Recession May Never Come
00:43 Why Treasury Yields Have a Ceiling
01:51 Trump, Oil Prices & Inflation Risk
04:05 Fed Chair Warsh: Will Interest Rates Stay Higher?
05:39 Why Andrew Sarna Says a Recession Is Unlikely
07:45 Why Bonds Are No Longer a Core Holding
10:43 Is the AI Bubble Starting to Crack?
13:03 Should Investors Buy the AI Dip?
15:10 Why Energy Stocks Could Outperform
17:24 Is Gold Still a Buy?

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 #Gold #GoldBullMarket #Recession #BondMarket #TreasuryYields #AIBubble #RealAssets #MacroInvesting #PortfolioManagement #WealthManagement #FinancialPlanning #AndrewSarna #FourthLanePartners #Investing
________________________________________________________________________
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

Is the U.S. really facing a housing shortage? Ivy Zelman says the data tells a very different story.In this conversation with Maggie Lake, renowned housing analyst Ivy Zelman explains why the housing market has become a tale of two Americas, why affordability is the worst it's been in decades, and why the biggest problem isn't simply a lack of homes. She breaks down where home prices are still rising, where supply has surged, why younger Americans are struggling to buy, and why, despite popular belief, she believes the U.S. housing market is much closer to balance than many investors realize.Topics discussed:* Why Ivy Zelman says there isn't a nationwide housing shortage* The affordability crisis facing first-time buyers* Why it's better to rent than buy in many markets today* The Sun Belt vs. Midwest housing divide* Home prices, inventory, and where the market goes next* What investors should watch in housing and real estate
💡Want exclusive housing research, market insights, and interviews with top experts like Ivy Zelman? Join Wealthion's Real Assets Community:https://bit.ly/4x8UtKpChapters:00:00 The Housing Market Is NOT in Shortage00:21 Why Home Prices Are Splitting Across America03:13 The Entry-Level Housing Affordability Crisis05:17 Why Young Americans Can't Afford to Buy Homes07:45 What Mortgage Rate Would Fix Housing?10:20 Is Another Housing Crisis Coming?10:44 Why Ivy Zelman Says There's No Housing Shortage13:48 The Biggest Housing Market Myth Investors Believe15:22 Where Smart Real Estate Investors Are Looking16:47 Is It Better to Rent or Buy Right Now?18:37 Builders, Lumber Costs & What's Next for Home Prices20:39 Final Thoughts

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

AI has been the market's biggest winner—but Barry Knapp believes the trade is entering a new phase.

In this conversation with Maggie Lake, Barry Knapp, Founder and Managing Partner of Ironsides Macroeconomics, explains why he's reduced his exposure to technology stocks, why the pace of AI capital spending is likely to slow, and where he's positioning instead.

The discussion also explores why the Federal Reserve's 2% inflation target was a mistake, what a Kevin Warsh-led Fed could mean for markets, why inflation is likely to stabilize around 2.5%, and why fiscal policy—not monetary policy—may be the biggest long-term risk facing investors.

In this interview:
• Why Barry is underweight technology stocks
• Is the AI investment boom entering a new phase?
• The Fed's biggest policy mistake
• Kevin Warsh and the future of monetary policy
• Why inflation may stabilize around 2.5%
• Where Barry sees the biggest investment opportunities today
• Why he believes a 10% market pullback is possible
• The long-term risks of U.S. fiscal policy

💡 Barry Knapp is repositioning his portfolio for what's next. Want a second opinion on your own portfolio? Get a free review with one of Wealthion's trusted fiduciary financial advisors: https://wealthion.com/free

Chapters:
00:00 Cold Open
00:39 Introduction: Barry Knapp of Ironsides Macroeconomics
00:50 Why the U.S. Economy Is Still K-Shaped
04:20 Kevin Warsh's Plan for the Federal Reserve
09:02 Treasury Yields, Bonds & Fed Balance Sheet Risks
13:08 Can Kevin Warsh Restore Confidence in the Fed?
17:08 Why the Fed's 2% Inflation Target Was a Mistake
18:42 Why Inflation Will Likely Settle Around 2.5%
23:37 The Real U.S. Debt & Deficit Problem
28:19 Tech Stocks, AI & Why Barry Knapp Cut Exposure
31:12 Where Barry Knapp Is Investing Instead
33:02 Why a 10% Market Correction Is Possible
33:47 Biggest Blind Spots for Investors Today
35:59 Final Thoughts

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 #BarryKnapp #FederalReserve #TechStocks #AI #Inflation #StockMarket #InterestRates
________________________________________________________________________
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