Oct 10, 2023
Patrick Luce, economist at ITR Economics, says that current economic trends are building a storm that will result in a depression in the 2030s, and a small recession next year, but he notes that investors should treat the 2024 decline as a buying opportunity, positioning themselves for the market to pick up before the big trouble comes in the next decade. And while Luce sees that big event damaging portfolios, he notes that prepared investors will build portfolios leading up to it, and be positioned to profit as the market rebounds out of it long-term. Will Rhind, chief executive officer at GraniteShares, returns to the show to discuss single-stock ETFs and the various flavors of them -- long, short and leveraged -- that his firm has unleashed and how investors should approach them. Also, Steven Benna of travel-insurance company Squaremouth discusses how travelers are expecting trip costs to be higher next year, and why those higher prices are not just about global inflation, and forensic accountant Tracy Coenen is back for the final installment of "Find Me The Money," talking about how anyone concerned about getting a fair share in divorce should also be looking at estate planning and other ways to make sure their families and heirs get their just due, especially in situations of second marriages and blended families.