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David Kuo’s Income Portfolios Virtual Members Event: How to Prepare for a Recession
May 31, 2022 @ 7:30 pm - 8:30 pm
Central bankers have suddenly woken up the threat of inflation. Some are terrified that inflation has become embedded — if it wasn’t already. Unfortunately, there’s no easy way out.
Economist A.W. Phillips argued that there is a difficult trade-off between inflation and unemployment. He said that in order to drive down inflation, it might be necessary to drive up unemployment to reduce aggregate demand.
Amid the high inflation, central bankers are increasing interest rates. There could be collateral damage: indebted companies going to the wall, higher unemployment, and property foreclosures.
It will be painful. But here’s the thing.
Not every company will go bankrupt.
Not every worker will be made redundant.
Not every homeowner will face repossession.
The fittest will survive. And our job as investors is to stay invested in the best because as Warren Buffett quipped: “Only when the tide goes out do we discover who hasse been swimming naked”.
Join us as David dissects the economic trade-offs we are facing today.
Furthermore, David, along with Chin and Joanna, will also be answering your most pressing questions.
All that and more on 31 May 2022 at 7:30pm, LIVE and exclusive, only for you.
Click HERE to register for this virtual live event now.
