Interview recorded - 11th of September 2023

On this episode of the WTFinance podcast I had the pleasure of welcoming back  @stevenvanmetre5087 - Money Manager & YouTuber.

During our conversation we spoke about whether US banks are insolvent, whether the FED can save the markets, if this crash will be worse than 2008, what we will see internationally and assets that will perform well during a recession. I hope you enjoy!

0:00 - Introduction
3:37 - Are US banks insolvent?
7:37 - Can the FED bailout banks?
11:24 - Treasury issuing bonds
14:12 - Reverse repo to help increase liquidity?
16:12 - FED to save the markets?
17:57 - Will inflation be higher for longer?
23:41 - Will this crash be worse than 2008?
27:05 - Will it be the end of our current debt cycle?
29:46 - The price to pay for borrowing
31:29 - Dollar strength during this period?
33:26 - What are we seeing internationally?
36:37 - Changing measurements of GDP measurement
38:42 - Assets that will perform well during this recession?
40:36 - One message to takeaway from our conversation?

Steven Van Metre, Certified Financial Planner™ Professional, (CA Insurance License #0D45202 & Investment Advisory Representative with Atlas Financial Advisors, Inc., a Registered Investment Advisory firm.) is the inventor and manager of Portfolio Shield™, the creator of Momentum Timer Pro™, and the President of Steven Van Metre Financial.

Steven Van Metre -

YouTube -  @stevenvanmetre5087  
Portfolio Shield - https://stevenvanmetre.com/portfolio-shield/
Website - https://stevenvanmetre.com/
Twitter - https://twitter.com/MetreSteven

WTFinance -

Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas