We Study Billionaires Podcast, Released on 3/22/24 (Recorded on 3/15/24)

We Study Billionaires Podcast: Clay interviews me, Richard Duncan to discuss current market conditions, whether we’ll see a recession in 2024, the potential for interest rate cuts, and more.

00:00:00 – Introduction
00:00:51 – How our economy is structured
00:09:19 – Why the economy requires credit expansion
00:16:52 – How the credit environment has developed since 2020
00:21:10 – What a recession is, and what the implications of a recession are
00:24:11 – Why Richard foresees a recession in 2024
00:27:06 – The primary drivers of credit growth
00:34:31 – Why we’ll likely see interest rate cuts in 2024
00:45:21 – The drawbacks of our modern-day economy
00:52:21 – Indicators that investors need to monitor
00:56:51 – Where the US is at in the AI race
00:58:54 – China

Richard Duncan is an author & economist who has worked as an equities analyst in Hong Kong, served as global head of investment strategy at ABN AMRO Asset Management in London, worked as a financial sector specialist for the World Bank in Washington D.C., and headed equity research departments for James Capel Securities and Salomon Brothers in Bangkok. He also worked as a consultant for the IMF in Thailand during the Asia Crisis. He is now chief economist at Blackhorse Asset Management in Singapore. Richard Duncan is the author of four books on the global economic crisis, the most latest being The Money Revolution.

  bond market, investing, recession, Richard Duncan, stock market, us economy