Why The Wealthy Love Turmoil

March 30, 2023  |  [View Online]( |  [Sign Up]( , “Look, I have no idea why the Russians and the Ukrainians want to fight each other,” Porter responded when I asked him what he thought about Klaus Schwab and the Davos Crowd’s support of the war. Porter continues: They’ve been fighting each other for centuries. And they’ll probably keep fighting each other for centuries. I’m happy to sell arms to both sides, but I certainly don’t want to send my sons to fight over there. If I’m not willing to fight and I don’t want my sons to fight, then, well we should probably just leave them alone. We had a wide ranging, and you might say provocative, conversation covering the “[Wall Street State of Mind]( through what really has gone wrong with America. As far as investing goes? “The financial markets are really hard to predict,” says Porter. But in an inflationary environment “assets and asset prices can do very well.” Comparing the economy to what he perceives is a general breakdown in society Mr. Stansberry is “sanguine”. “I’m more comfortable with where the financial markets are,” he says, “and how they will handle the next few years. What I’m more concerned about is what happens to the social fabric” of the country. “I don’t want our country to be this way,” Porter asserts, but identifying what he calls “one-way bets,” the state of the economy and politics “makes it easier for people who are wealthy, not harder.” [CLICK TO WATCH THE NEW SESSION ►]( So it goes, Addison Wiggin The Wiggin Sessions P.S. Porter also outlines a strategy he’s used to buy and sell distressed debt in corporate bonds following each of the last three bear markets. And how he’s gearing up to deploy the strategy again. Based on prior experience he expects to have “between 40 and 60 recommendations over the next 36 months that’ll have an average yield to maturity of between 25 and 30%.” POWERED BY WEALTH365 The Daily Missive from The Wiggin Sessions is committed to protecting and respecting your privacy. We do not rent or share your email address. By submitting your email address, you consent to The Wiggn Sessions delivering daily email issues and advertisements. To end your The Daily Missive from The Wiggin Sessions e-mail subscription and associated external offers sent from The Daily Missive from The Wiggin Sessions, feel free to [click here.]( Please read our [Privacy Statement.]( For any further comments or concerns please email us at feedback@wigginsessions.com. If you are having trouble receiving your The Wiggin Sessions subscription, you can ensure its arrival in your mailbox by [whitelisting The Wiggin Sessions.]( © 2023 The Wiggin Sessions 808 Saint Paul Street, Baltimore MD 21202. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security they personally recommend to our readers. All of our employees and agents must wait 24 hours after online publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Sent to: {EMAIL} [Unsubscribe]( Consillience, LLC, Saint Paul Street, 808, Baltimore, Maryland 21202, United States