Nothing in this program should be considered investment advice.

It is for educational purposes only.

Please hit pause and read this disclaimer in full.

I do believe that the markets, if they get back to normal valuations, we got to go 30% below here.

And it's much better for businesses if we do that over nine to 12 months instead of two to three weeks.

The following is the audio version of a video released at peak prosperity.com.

Visit peakprosperity.com to watch the video and to find other insightful content,

such as articles, discussion forums, and exclusive subscriber-only content.

Hello, everyone, and welcome to this edition of Finance You. It looks like it's April 30th today,

and I'm back with Paul Kiker of Kiker Wealth Management.

Hey, Paul. Hi, Chris. Good to see you today.

My favorite time of the week. We get to talk all things economic and financial and all of that,

and lots been happening. So, yes. Yeah. How about, how about, here's a couple things on my plate.

I have some recession indicators, but US GDP contracted.

It was a little surprising.

They said the economy contracts for first time in three years, but they're noting here

the decline was driven by a surge of imports ahead of President Trump's sweeping tariffs.

Let me just show you one chart, but also notice down there, U.S. payrolls, private payrolls report a big miss.

Okay.

But look at this.

This massive erosion here in this import.

So these are, this is our trade deficit.

...