145: A Guide to Preparing for an Expected Severe Recession with Alastair Macdonald

Big Mike Fund Podcast
145: A Guide to Preparing for an Expected Severe Recession with Alastair Macdonald
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Inflation, rising interest rates, and an impending recession. We wish there was good news but we will be better off if we are prepared for the worst so to give us a clear picture of what we are possibly going to face, we once again invite Alastair MacDonald on our show to talk to us about the reality of the current situation.

Alastair is an international analyst, forecaster, speaker, writer and investment consultant. He is the founder and editor of “The Parallax Report,” a subscription-based market, social and economic forecasting service for individual investors, and institutions.

Tune in as Alastair walks us through the signs of a possible upcoming recession, rising interest rates, and what we can do to mitigate their effects. It’s always better to be prepared and informed so don’t miss this episode!

HIGHLIGHTS OF THE EPISODE

00:25 – Guest Intro: Alastair Macdonald
00:45 – Updates from Alastair 
03:51 – On expanding dental practice in Canada despite the impending recession
09:00 – Thoughts on an inflation driven by supply chain problems
17:20 – Are we heading to a severe recession?
20:09 – A recession with high employment rate
25:33 – What to do with the money after a sell off
30:00 – When rates rise it increases the rate of defaults
31:43 – The interest rate is a measure of risk

If you found this episode substantial and want to dig deeper into real estate, or maybe you want to discover better investment opportunities, be sure to check out www.tempofunding.com.