Your Portfolio's Best Defense for an Uncertain 2023

Stansberry Investor Hour

Stansberry Research

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4.4 • 677 Ratings

🗓️ 21 February 2023

⏱️ 70 minutes

🔗️ Recording | iTunes | RSS

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Summary

Stansberry Venture Technology editor Dave Lashmet returns to the show. He's our go-to for anything and everything related to emerging technologies.

Whether it's the ongoing Russia-Ukraine war... more nuclear threats from North Korea... or the Chinese spy balloon fiasco... geopolitics has already become 2023's overarching theme. It's also why Dave is bullish on one corner of the market in particular...

"The simple thesis is that we don't know what 2023 will be like for investors – if it'll be a bear, a bull, or a sideways market. But what we do know is that the best way to play defense in 2023 is going to be to buy defense stocks."

Dave also shares one company's stock that is poised to soar thanks to its groundbreaking new stealth technology. And just like other defense stocks on Dave's radar, it has a "very, very, very long [tail]" and "monopolies [on technologies]." Plus, Dave also details exactly what he looks for when screening military tech stocks, along with his "secret decoder ring" for choosing pharmaceutical companies to invest in.

Transcript

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0:00.0	Hello and welcome to the Stansberry Investor Hour. I'm your host, Dan Ferris. I'm also the editor of Extreme Value and The Ferris Report, both published by Stansberry Research.
0:15.4	And I'm Corey McLaughlin, editor of the Stansberry Daily Jigest. Today, Dan talks with our colleague Dave Lashman, editor of Stansberry Venture Technology.
0:24.0	For today's rant, consumers are piling up debt and they can't even pay it.
0:28.2	And remember, you can email us at Feedback at InvestorHour.com and tell us what's on your mind.
0:32.9	That and more right now on the Stansberry Investor Hour.
0:41.0	So. and more right now on the Stansbury Investor Hour. So, yes, finally, finally, things are starting to happen that are making it look like it's not
0:48.8	going to be a good time for the next few years in our economy, namely consumer debt just
0:53.6	hit a record. Are you ready for this?
0:57.5	16.9 trillion with a T in the fourth quarter of 2022. Up how much? 1.3 trillion year on year. Consumers added
1:10.5	just threw on an extra 1.3 trillion year on year. Consumers added just threw on an extra 1.3 trillion of debt,
1:14.1	according to data from the Federal Reserve.
1:17.4	Like,
1:17.6	Rout row.
1:18.3	Wow.
1:20.3	Things are getting crazy now.
1:22.0	Yeah, it's, uh, I guess we shouldn't be too surprised, but it's the numbers are getting up there.
1:29.2	You know, every time, this is not a record you want to see keep happening.
1:33.7	This is one record that you'd rather not see, or I would rather not see.
1:37.2	Yeah, you know, we get like, we've become inured to the news from the government's, you know, debt balances, they just keep going
1:46.0	up and up and up and up and up and, you know, Congress raises the ceiling and nobody cares
1:50.0	because it's funny money. We're printing the money to pay it or whatever. But this is money
1:55.4	people actually have to work for in order to pay this debt. And the biggest chunk in there I noticed was mortgage balances.
	...

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