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DarrenDaily On-Demand

BONUS: Important! Darren Hardy's Economic Outlook

DarrenDaily On-Demand

Darren Hardy LLC

Careers, Entrepreneurship, Business

4.91.8K Ratings

🗓️ 21 June 2022

⏱️ 23 minutes

🧾️ Download transcript

Summary

In a recent VIP private mastermind session with global leaders, Darren delivered an Economic Outlook after spending hundreds of hours in discussion with insiders and market makers. What you will learn in this comprehensive distillation is both terrifying and incredibly exciting. Exciting after you gain Darren's advice on WHAT to do - NOW. This special bonus episode is being shared publicly with you because we are here to be your trusted advisor. You can count on us to guide you safely and prosperously through the ever-changing times we are living in. We are here to be a guide for those who choose to… Be The Exception.

Go to DHBMC.com to learn more about Darren's Business Master Class.

Get more personal mentoring from Darren each day. Go to DarrenDaily http://darrendaily.com/ to learn more.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey, producer Mariana here. In this special bonus episode of the podcast,

0:04.0

Darren asked me to share a clip from a recent VIP private mastermind session he did with global leaders.

0:10.7

During that session, Darren delivered an economic outlook after spending hundreds of hours in

0:16.0

discussion with insiders and market makers. What you will learn in this comprehensive

0:20.4

distillation is both terrifying and incredibly exciting. This special bonus episode is being shared

0:27.5

publicly with you because we are here to be your trusted advisor. You can count on us to guide

0:33.5

you safely and prosperously through the ever-changing times we are living in. We are here to be a guide

0:39.5

for those who choose to be the exception. Okay, now on to the episode. Welcome to Darren Daily on

0:47.0

demand, your most trusted resource to help you become better every day. Here's your success

0:52.6

mentor, Darren Hardy. What I will cover over the next 10 to 15 minutes

1:00.5

is a distillation of hundreds of hours of conversations, expert commentary review and analysis

1:07.2

to distill down for you here in about 10 to 15 minutes. Okay, so you're kind of short-cutting

1:13.8

a lot of time and energy that I spent to get what it is that I'm going to give you here in 10,

1:18.1

15 minutes. So here's the reality. Okay, we are in a recession, not officially per se, but we

1:24.5

likely will be in one in a quarter or two if not sooner. In talks with Michael Harnett, the

1:31.0

chief investment strategist of Bank of America, he said, we're in a technical recession,

1:35.3

but just don't realize it yet. And there are more shocks to the system to come. So we're watching

1:42.1

this whole thing play out in real time right now. Since the beginning of the year, the stock market

1:47.2

has cratered into a bear market. The S&P has fallen for 10 out of 11 weeks straight.

1:54.4

Just last week, the S&P posted its worst week since March of 2020. The NASDAQ is down 30 percent,

2:01.0

but what gets lost in that number is, if you take out a half dozen high flyers, the median stock

2:07.2

is down over 70 percent. Many are down 80 to 90 percent. The stock market darlings have also been

...

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