Economic Growth Failing Due To Too Much Regulation, Intrusion & Bad Policy

Economic Growth Failing Due To Too Much Regulation, Intrusion & Bad Policy | Jonathan Wellum

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Күн бұрын

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The market rally that began back in October was in danger of stalling out just a week ago.
Then the S&P caught fire last week.
Are the bulls back in control?
Or could 2023 be another down year?
To discuss, we welcome financial advisor Jonathan Wellum to the program. He's founder and CEO of Rocklinc Investment Partners, the financial advisory firm I'm pleased to announce has just been selected as Wealthion's first endorsed financial advisor in Canada.
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There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?
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IMPORTANT NOTE: The information and opinions offered in this video by Wealthion or its interview guests are for educational purposes ONLY and should NOT be construed as personal financial advice. We strongly recommend that any potential decisions and actions you may take in your investment portfolio be conducted under the guidance and supervision of a quality professional financial advisor in good standing with the securities industry. When it comes to investing, past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments involve risk and may result in partial or total loss.

Пікірлер: 100

@michaelmcqueen4514 Жыл бұрын

Excellent. Jonathon is a great addition to the Channel 👍

@mrratskins Жыл бұрын

In all these years I have never understood the concept of royalty companies. This cleared up my confusion with a concise explanation that was very useful. Kudos to your guest.

@mattanderson6672 Жыл бұрын

Thank you guys!! Another fantastic interview loved listening to Jonathon!! Really great guest, have him back :D

@BatmanBoss Жыл бұрын

Wealthion 🥇

@nunyabidness159 Жыл бұрын

Really enjoyed all the info on royalty companies, how they work and why they're a good option for a PM play

@vaughnmcguire5214 Жыл бұрын

Really great. Please have him back soon!

@theinflationsituation8870 Жыл бұрын

Very helpful explanation of how royalty companies work! Starting @ 9:57. Thank you Mr. Wellum and Wealthion!

@timm1470 Жыл бұрын

Great info!!! Good job helping me understand royalties and streams

@donnielama6459 Жыл бұрын

Too much gov't is Killing Economic growth?? Who would have thought? I thought gov't "invested" our money? You know... Public / Private partnerships. That's always what they say. That should grow the economy!! /s It's amazing the damage gov't schools have caused to American's not understanding this. Instead, we clamor for gov't. Similar to the way we clamor for the FED to pivot.

@SamuelClemente7718 Жыл бұрын

Last 30 years I been hearing TOO MUCH GOVERNMENT killing businesses! Last 30 years I SEEN BILLIONAIRES QUADRUPLE THEIR WEALTH!! 🤔🤔🤔

@charlesbrown9213 Жыл бұрын

The govt works very well -- for the large for-profit companies they work for. The wealthy class does not want an educated workforce, so that is what we have.

@DrAlanWeinstein Жыл бұрын

Amazing about these Royalty companies-never knew this. Love Wealthion!

@ronaldmcdonald3965 Жыл бұрын

Housing Shortage relationship to expenses. Just been going around in circles with Inspectors from Fire Department and Building Permits. 1. Fire Departments looks up my file a) Says I don't have permits for permits 14 years ago b) Tells me to get inspections c) Tells me I have an expired dry wall and electrical permits 2) Everything Fire Department Inspectors say are wrong. a) Last year they also got Exterior Door Weather Stripping wrong and wrote me up b) I have signed permits for everything 3. All were mistakes by Fire Dept. and Building Permits Inspectors a) Internal mistakes recording documents b) Lack of internal follow up c) Sloppy inspector work habits...describe problems and solutions incorrectly, and too lazy to even give you permit numbers d) They don't answer their e-mails for weeks at a time 4. All this running around accomplishes nothing a) Just correcting their own internal paperwork mistakes b) Big Developers hire full time head count just to deal with permitting c) But does not include the endless time going back and forth 5. This is SF Bay Area, where we have socialists who *want* more regulation I think a lot of people here have never had jobs where they have to do something tangible, so they think more regulation is the answer to everything. I think we have soft lives here, and want to be protected from everything by somebody else. a) So anybody who wants to build more can look forward to endless delays, where no work ever gets done And we wonder why we have a housing shortage and everything is so expensive.

@charlesbrown9213 Жыл бұрын

Housing shortages are the intended result. -- Housing shortages keep house prices high. -- That is good for the for-profit developers, such as Lennar, DR Horton, etc.) Scarcity means they realize more profit on each home sold. Higher home prices means bigger mortgages -- so higher debt servicing costs for the lenders/Wall Street. Higher home prices means bigger property tax bills for whole stock of existing housing inventory. Given the powerful constituencies which benefit from high home prices, it would be naive to think this is all by accident. The wealthy have turned housing in this country (and in most countries) into one, giant racket, which Al Capone would be proud of.

@bmacaz Жыл бұрын

Adam - we are seeing countless train derailments across the country, leading to the poisoning of entire cities/regions with toxic chemicals contaminating the air & water systems. Part of the problem is the railroad companies choose to maximize profit in lieu of increasing safety by modernizing their fleets (e.g., upgrade their brake systems). This is an obvious choice, since the companies have a fiduciary responsibility to maximize profit, so they have no incentive to increase safety if it means sacrificing profit. Is this issue a result of too much regulation? Thanks.

@tatersquad2000 Жыл бұрын

In 1940 government spending was 20% of GDP. It's now almost 50%. Imagine if that productivity actually went to goods and services instead? This country would be amazing. Oh well, at least our politicians can afford their second yachts now. 👍

@SamuelClemente7718 Жыл бұрын

You leave GYM JORDAN out of this !!!!

@thedilladude Жыл бұрын

@@SamuelClemente7718 FJB!🐑

@SamuelClemente7718 Жыл бұрын

@@thedilladude ok. Sure. Don't forget Mitch McConnell

@charlesbrown9213 Жыл бұрын

Tater -- money spent by the govt doesn't disappear down a sink. Most of that govt spending is winding up in corporate coffers. -Money spent on Medicare winds up with Big Pharma, Big Insurance (e.g. United Healthcare, etc) and medical groups (doctors). -If the GSA buys a fleet of cars, it spend s the money -- giving it to GM, Ford (maybe Tesla). -If HUD decides to build a community of new homes, it contracts with for-profit builders (e.g. D.R. Horton, etc) and spends the money that way. -If the FBI buys phones for its agents, it spends the money with Apple. -Even welfare payments wind up being spent on McDonalds, Walmart and Verizon. -NASA's budget (other than personnel) is spent buying parts/rockets/fuel from private parties. So a majority of the "yachts" resulting from govt spending are still with the executives of the for-profit companies. I am for less govt spending, but if we would drastically cut spending, we would not initially grow GDP. Likely we would encounter a recession, as all the companies receiving govt money would lay off workers.

@xrunner55 Жыл бұрын

@@charlesbrown9213 That is the biggest broken fallacy ever spewed in the history of rhetoric.

@gordkanani4419 Жыл бұрын

GK in Mississauga. Thank you for finding Jonathan to talk about Canadian macro perspective.

@schoowoolovesbooboo2170 Жыл бұрын

First mutual fund I ever bought was AIC advantage II, at 5.19, in the mid 90s. By late 90s I began my career as an advisor with the same firm aic founder Lee chin was with, regal capital planners. 6 dealerships and a quarter century later I'm still in the game!

@detectiveofmoneypolitics Жыл бұрын

Economic investigator Frank G Melbourne Australia is still watching this very informative content cheers Frank ❤

@SamuelClemente7718 Жыл бұрын

Who loves in Australia??? 😅😅

@markburnham7512 Жыл бұрын

I would agree with less regulation if corporations could be trusted to act responsibly, but they have proven over and over that they can't.

@jonathonmatuszak5038 Жыл бұрын

Then let them fail Government is too big and powerful.

@gordkanani4419 Жыл бұрын

Ignore my previous question. What is Jonathan's expertise?

@rosspaul9989 Жыл бұрын

Adam. Love the channel and you do a great job. One piece of feedback. Sometimes you restate what guests say and it’s not necessary every time. Makes the interviews longer and a bit annoying. Other than that, love the channel.

@vm-bz1cd Жыл бұрын

In the interest of full disclosure, what % does Wealthion get as referral fee for business sent your partners' way?

@jonEmontana Жыл бұрын

I may of missed some interviewees calls on some good copper miners to be invested in but would be curious to know who the best miners are in that space

@egyptianhebrew91 Жыл бұрын

I like MUX

@LTXsp Жыл бұрын

Actually got it backwards. 4 decades of deregulation has brought us here.

@deesus1085 Жыл бұрын

This dude knows what’s up. People should take his advice. In a world of high cost capital, companies getting subsidies are all on the IRA.

@davidcollins8150 Жыл бұрын

Government is too big - same can be said for Amazon, Google, Apple, Microsoft, Disney, ATT, Big Pharma, Big Insurance, Big Oil, Walmart to name a few

@derekteetv Жыл бұрын

I thought I was just crazy for being in royalty companies; glad it wasn't just me. Warning: royalty investors may look dumb next week or next month, but someday it may allow you to have tomorrow's resources, purchased at today's pricing, a huge upside IMO. Adam you may want to interview E.B. Tucker on the topic.

@gordkanani4419 Жыл бұрын

Does he look at USA and Emerging Markets?

@MrSean03839 Жыл бұрын

Too much regulation, not in the US. There are less regulations in the US right now going back 60+ years...

@MrSean03839 Жыл бұрын

The US literally has trains derailing and blowing up with hazardous materials due to endless deregulation. Corporations can pretty much do whatever they want in the US at this point, from polluting land and water systems to destroying communities with trains blowing up, constant price gouging by corporate monopolies. The government has been purchased long ago by corporations and the extreme wealthy through bribes called campaign contributions, giving corporations free reign to do whatever they want. We have a far right corporate SCOTUS constantly ruling in favor of the corporations, so there is little to no chance of seeking legal protection from the corporate machines. I'm not sure how much more deregulation you could even do? What regulations exist are rarely enforced by the government and most have been weakened to a point of being useless anyway.

@lopezjuan316jl Жыл бұрын

Expand to Spain, I love watching this videos!

@FrankCooney Жыл бұрын

I am aware of a few of the gold -silver royalty companies. I am not aware of copper or other metal royalty companies. Does anyone have names of these companies?

@JS-jh4cy Жыл бұрын

Also due to rising taxes on everything even shitty products

@tactileslut Жыл бұрын

The idea that a piece of land can be forever encumbered by a contract agreed to by a long-defunct prior owner is obscene.

@stevealdrich2472 Жыл бұрын

We've reached the end of growth. There's a book about it called The End of Growth. Peak oil is here and cannot be mitigated.

@brendahunt7478 Жыл бұрын

Hello

@robertveve6847 Жыл бұрын

Yup too much regulation. It was much better when rivers caught on fire from pollution. Lets go back to that to squeeze out another buck for shareholders.

@terryllee7706 Жыл бұрын

Thank you real talk 😂

@JimmyHuynhdesign Жыл бұрын

What about all those times they don’t nod? You should call this out too😜

@homoruge Жыл бұрын

Please introduce a firm who can provide consultation to ppl who are in Asia

@Wealthion Жыл бұрын

We're working on an Australian firm next

@timharbert7145 Жыл бұрын

Yeah, it's never the fault of lazy management.

@xrunner55 Жыл бұрын

Yup. Alot of regulation is not even necessary. Heck, I spent years in the government and I only worked for the taxpayer, not the little guy. So if the rules needed bent, I saw alot of my coworkers willing to do so. It just sucks the lifeblood out of everything. I will never go back to that world. My public school teachers are idiots when they tried to teach us otherwise.

@cavscout888 Жыл бұрын

I'm not touching any of the things he talked about. Even commodities, he says they'll go up, like it's just a known thing... but if we're hitting a world economic slowdown and recession (likely), then production drops, and they won't need to build new factories or office buildings, especially with all the vacant commercial office space, etc. Commodities may very well drop to where they should be... a little over 2019 levels. I have no money on them dropping either.

@yanivpete Жыл бұрын

If there's ever a movie made about this guy I picture William h Macy playing him.

@obaldelo Жыл бұрын

Too little regulation is the problem: Institutions are running amock inflating the economy

@catfoodgeneration Жыл бұрын

Exactly!!!!

@charlesbrown9213 Жыл бұрын

For-profit 'institutions' specifically. - And there is indeed to little regulation -- which is exactly what the big commercial institutions want. -- The USA (and much of the rest of the world) have become one giant "Pottersville" (a reference to the old Jimmy Stewart movie) -- Govts of the world have been bought & paid for by these companies. The billionaire class deserves a major "comeuppance".

@gregflowerday6807 Жыл бұрын

ooooooooooooh a couple of socialists

@rodiculous9464 Жыл бұрын

Which "institutions" are you talking about? The inflation is from the fed printing money

@redman3863 Жыл бұрын

He, the private institution known as the Federal Reserve, indirectly owned by the worlds top .000001%. If you cannot see this, then you are living in a blue-pilled bliss. Enjoy it.

@ortforshort7652 Жыл бұрын

Too much regulation! Wealth inequality is disgustingly high in the US directly because there is not nearly enough regulation. Capitalism is about it's name - capital. Under unregulated capitalism, which is what we have now, all the spoils go to those who have capital and none to those who don't. None of us working class folks are crying crocodile tears because a handful of rich want to soak even more out of us by taking what few regulations there are left and trashing them.

@poletste1 Жыл бұрын

Adam is cutting out early to move his money into royalties after he learns about property rights. Careful though, I currently own MSB and GUULTU which are both royalty companies not currently producing anything. .

@merlinwizard1000 Жыл бұрын

44th, 4 April 2023

@rickferyok2462 Жыл бұрын

Please not another political hack. Government is too big, spending too much money. Well in Haiti, government spending is just 12 percent of the country's gdp, they have very little regulations, so by your thinking the economy there would be exploding. This is what you get from politics - lies.

@michaels4255 Жыл бұрын

If Haiti had political stability, predictable contract enforcement, low crime, and an educated citizenry, then its low spending and light regulation would indeed cause the country to boom! As bad as things are there, heavy regulation and high spending would make the country's lot even worse, not better.