{"id":35265,"date":"2024-02-28T15:30:33","date_gmt":"2024-02-28T22:30:33","guid":{"rendered":"https:\/\/www.itmtrading.com\/blog\/?p=35265"},"modified":"2024-02-28T14:57:07","modified_gmt":"2024-02-28T21:57:07","slug":"hunkered-down-for-the-apocalypse-this-is-how-im-protecting-my-wealth-reveals-cornell-professor","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/hunkered-down-for-the-apocalypse-this-is-how-im-protecting-my-wealth-reveals-cornell-professor\/","title":{"rendered":"Hunkered Down for the Apocalypse, This is How I\u2019m Protecting My Wealth Reveals Cornell Professor"},"content":{"rendered":"<p>Dive deep into an engaging conversation with Cornell University&#8217;s Professor Dave Collum and Daniela Cambone. They dissect crucial topics like the U.S. election, BRICS nations&#8217; rise, and the volatile equity market. Collum warns of a looming 60-70% market correction, advising against blind optimism. He predicts a rocky road ahead for the labor market, urging investors to brace for impact. Discover key insights and wealth protection strategies in this gripping discussion.<\/p>\n<p><strong>CHAPTERS:<br \/>\n<\/strong>00:00 Student loan debt canceled<br \/>\n3:43 Should schools be this expensive?<br \/>\n6:15 The importance of a degree<br \/>\n10:00 U.S. consumer confidence<br \/>\n13:12 Does the Fed know the real inflation number?<br \/>\n17:50 Outlook of the stock market<br \/>\n19:09 Bubble burst in equities<br \/>\n22:43 Recession &amp; U.S. Election<br \/>\n30:38 How does Dave protect his wealth?<br \/>\n34:30 Gold\/Crypto\/Bitcoin<br \/>\n39:30 Parenting<\/p>\n<p><strong>SOURCES:<br \/>\n<\/strong><a href=\"https:\/\/chemistry.cornell.edu\/david-b-collum\" target=\"_blank\" rel=\"noopener\">https:\/\/chemistry.cornell.edu\/david-b-collum<\/a><br \/>\n<a href=\"https:\/\/twitter.com\/DavidBCollum\" target=\"_blank\" rel=\"noopener\">https:\/\/twitter.com\/DavidBCollum<\/a><\/p>\n<p><a href=\"https:\/\/www.cnn.com\/2024\/02\/21\/politics\/student-loan-forgiveness-biden-debt\/index.html\" target=\"_blank\" rel=\"noopener\">https:\/\/www.cnn.com\/2024\/02\/21\/politics\/student-loan-forgiveness-biden-debt\/index.html<\/a><\/p>\n<p><a href=\"https:\/\/torontosun.com\/news\/world\/when-not-if-who-warns-world-not-ready-for-next-disease-x-outbreak\" target=\"_blank\" rel=\"noopener\">https:\/\/torontosun.com\/news\/world\/when-not-if-who-warns-world-not-ready-for-next-disease-x-outbreak<\/a><\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/02\/21\/nvidia-nvda-earnings-report-q4-2024.html\" target=\"_blank\" rel=\"noopener\">https:\/\/www.cnbc.com\/2024\/02\/21\/nvidia-nvda-earnings-report-q4-2024.html<\/a><\/p>\n<p><a href=\"https:\/\/www.bls.gov\/news.release\/pdf\/cpi.pdf\" target=\"_blank\" rel=\"noopener\">https:\/\/www.bls.gov\/news.release\/pdf\/cpi.pdf<\/a><\/p>\n<p><a href=\"https:\/\/www.wsj.com\/economy\/consumers\/its-been-30-years-since-food-ate-up-this-much-of-your-income-2e3dd3ed\" target=\"_blank\" rel=\"noopener\">https:\/\/www.wsj.com\/economy\/consumers\/its-been-30-years-since-food-ate-up-this-much-of-your-income-2e3dd3ed<\/a><\/p>\n<p><a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/statements-releases\/2024\/01\/12\/statement-from-president-joe-biden-on-early-student-debt-cancellation-for-borrowers-enrolled-in-save\/?utm_source=link\" target=\"_blank\" rel=\"noopener\">https:\/\/www.whitehouse.gov\/briefing-room\/statements-releases\/2024\/01\/12\/statement-from-president-joe-biden-on-early-student-debt-cancellation-for-borrowers-enrolled-in-save\/?utm_source=link<\/a><\/p>\n<p><a href=\"https:\/\/www.federalreservehistory.org\/people\/lael-brainard\" target=\"_blank\" rel=\"noopener\">https:\/\/www.federalreservehistory.org\/people\/lael-brainard<\/a><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=Hs3-r9xD_-U\" target=\"_blank\" rel=\"noopener\">https:\/\/www.youtube.com\/watch?v=Hs3-r9xD_-U<\/a><\/p>\n<p><a href=\"https:\/\/www.nytimes.com\/2023\/06\/09\/business\/bernanke-banks-inflation-ai.html\" target=\"_blank\" rel=\"noopener\">https:\/\/www.nytimes.com\/2023\/06\/09\/business\/bernanke-banks-inflation-ai.html<\/a><\/p>\n<p><a href=\"https:\/\/www.baltimoresun.com\/2022\/05\/17\/dr-anthony-fauci-to-speak-at-university-of-maryland-baltimore-commencement\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.baltimoresun.com\/2022\/05\/17\/dr-anthony-fauci-to-speak-at-university-of-maryland-baltimore-commencement\/<\/a><\/p>\n<p><a href=\"https:\/\/www.google.com\/finance\/quote\/GCW00:COMEX?sa=X&amp;sqi=2&amp;pjf=1&amp;ved=2ahUKEwipqef_z86EAxVMIUQIHRCJBloQ3ecFegQIJRAX&amp;window=YTD\" target=\"_blank\" rel=\"noopener\">https:\/\/www.google.com\/finance\/quote\/GCW00:COMEX?sa=X&amp;sqi=2&amp;pjf=1&amp;ved=2ahUKEwipqef_z86EAxVMIUQIHRCJBloQ3ecFegQIJRAX&amp;window=YTD<\/a><\/p>\n<p><a href=\"https:\/\/www.google.com\/finance\/quote\/BTC-USD?sa=X&amp;ved=2ahUKEwjWsqLJ0c6EAxX8OkQIHX5UA5kQ-fUHegQIFBAY&amp;window=YTD\" target=\"_blank\" rel=\"noopener\">https:\/\/www.google.com\/finance\/quote\/BTC-USD?sa=X&amp;ved=2ahUKEwjWsqLJ0c6EAxX8OkQIHX5UA5kQ-fUHegQIFBAY&amp;window=YTD<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dive deep into an engaging conversation with Cornell University&#8217;s Professor Dave Collum and Daniela Cambone. They dissect crucial topics like the [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":35266,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2922],"tags":[36,53,59,83,89,114,118,301,456,1327,1378,1656,1720,1721,1789,1859,1932,1961,2030,2248,2249,2528,2831,2951,2978,3383,3414,3415,3416,3417,3418,3419,3420,3421],"class_list":["post-35265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daniela-cambone-show","tag-buy-gold","tag-federal-reserve","tag-gold-2","tag-inflation","tag-itm-trading","tag-silver-2","tag-stock-market","tag-economy-2","tag-investing","tag-bitcoin","tag-lynette-zang","tag-cryptocurrency","tag-cbdc","tag-central-bank-digital-currency","tag-medicine","tag-equities","tag-coins","tag-economics","tag-government","tag-financial-system","tag-monetary-policy","tag-us-consumers","tag-wealth-protection","tag-daniela-cambone","tag-politics","tag-cancer","tag-dave-collum-cornell-university","tag-policy","tag-authoritarianism","tag-pandemic","tag-anthony-fauci","tag-gold-and-botcoin","tag-us-election","tag-zero-hedge"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/35265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/comments?post=35265"}],"version-history":[{"count":3,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/35265\/revisions"}],"predecessor-version":[{"id":35269,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/35265\/revisions\/35269"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media\/35266"}],"wp:attachment":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media?parent=35265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=35265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=35265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}