Is The Recession Over? Economic Predictions For The Next 18 Months w/ JP Newman

Capitalism.com with Ryan Daniel Moran

Capitalism.com

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4.8 • 793 Ratings

🗓️ 28 June 2023

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this crossover episode of Investing On Purpose, JP Newman and Ryan give an economic update and share what they believe is coming over the next few years in the economy.

Ryan believes the worst of the recession is behind us, while JP thinks we might have a ways to go.

Either way, now may be the best time to invest in assets and your own business growth to create an abundant future.

To learn more about creating your own path to $1 million sign up for our FREE 30 day mini series at:

http://www.Capitalism.com/Million

Timestamps:

(0:00) - Intro - The next few years may be tough

(1:45) - Is the recession over?

(3:15) - JP’s prediction over the next 18 months

(6:15) - We aren’t at the bottom yet

(10:15) - Changing your approach to investing

(13:15) - This is the accumulation period

(15:15) - AI and how it could shift the market

(17:15) - A vision for a new future

Transcript

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0:00.0	I have said this publicly very loudly and I want to make it absolutely crystal clear.
0:08.0	It is my opinion that the next couple years are going to be tough in the economy.
0:14.0	And this is the time to plant seeds for the next three to five years.
0:19.0	It is my opinion that right now is the accumulation
0:22.3	period. It's right now that I am investing aggressively, accumulating as much as I can,
0:30.3	knowing that there's going to be a bull run in three to five years. Now, where are we at in that
0:35.7	cycle? That's what we talk about in today's discussion with J.P. Newman.
0:39.9	And J.P. and I have never really agreed on where we are in the cycle. Sometimes he's right.
0:46.0	Sometimes I'm right. And on this episode, we talk about where we each think we are in this overall cycle.
0:52.4	And once again, we do disagree. But you're going to walk away
0:55.7	with what it takes to succeed during difficult times and what it's going to take in order for you to
1:02.7	come out of this period much wealthier than where you are right now. Because if we agree on one
1:07.8	thing is that if you do a few things right during this time,
1:11.1	you can become fabulously wealthy in a few years.
1:14.5	Hi, this is J.P. Newman of investing on purpose. And today I'm with Ryan Moran to talk about
1:19.5	exactly where are we in the economy right now at this moment. Ironically, I think Ryan and I
1:25.8	have switched places. Usually I'm more the optimist.
1:28.5	And I'd say right now we have some headwinds and I'll tell you why in the episode. It's a
1:32.7	really short episode. I think you'll find it intriguing. And I'm going to give you a suggestion
1:36.4	of something I think will be really helpful for you to watch as well that I think will really
1:42.2	change your thinking. Hope you enjoy the episode. If you do,
1:45.4	like and subscribe. All right. So we're going to make this quick. Okay. But we need to do an
	...

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