Energy Prospectus

This appears to have been taped before the Thursday Liberation aftermath but it is very prescient. It is Part 1 with Part 2 to follow today? Worth listening. Larry McDonald

https://youtu.be/BAAobevohdI?si=Ye1jLG5R0x7xc5Vm

Happy Friday. Glad the beating has stopped for the weekend.

Part II of the Interview with Wealthion notes of the session:

https://youtu.be/BAAobevohdI


Are the U.S. and global markets on the edge of a massive regime change?

In this high-impact Part II, The Bear Traps Report founder and bestselling author Larry McDonald shares with James Connor a dire warning: U.S. sanctions and Trump’s tariffs are forcing global central banks to ditch U.S. treasuries for gold, the dollar is entering a structural decline, and a coming economic slowdown could pull the S&P 500 down to the low 4,000s. He breaks down where capital is headed and why gold, silver, oil, and emerging markets will be the big winners.

Then, Rocklinc’s Jonathan Wellum shares his thoughts on Larry’s interview and his firm’s portfolio strategy. He explains why he holds nearly 30% cash, favors investing in royalty companies over miners, and avoids European exposure in favor of select value stocks.

The conversation also tackles reshoring, structural inflation, Trump’s likely economic pivot, and what investors should do now to prepare.