Valuetainment - December 28, 2022


2023 Predictions- Investigations, India, China, Unemployment & Other


Episode Stats

Length

13 minutes

Words per Minute

218.04309

Word Count

2,972

Sentence Count

185


Summary


Transcript

00:00:00.240 2020, 2021, and 2022 have all been weird years, but today I want to share with you a few things
00:00:04.560 to look out for for 2023. By the way, if you get value from this video out there, give it a thumbs
00:00:17.300 up and subscribe to the channel. Number one, I call this year, it's a word, the year of investigations.
00:00:22.620 You're going to see 2023 being a lot about investigations. What kind of investigations?
00:00:26.880 Sam Bankman freed from FTX. Hunter Biden since Republicans got the house now. Trump's going
00:00:32.060 to be more investigation going. It's going to be investigation after investigation after
00:00:36.200 investigation until eventually, politically, both sides are going to be like, hey man, can we just
00:00:39.900 stop all of this investigation because it's all retaliation right now, but I don't think it's
00:00:44.100 going to stop this year. It's going to be one of those weird years. You're going to hear a lot of
00:00:47.380 Hunter Biden, a lot of Trump, a lot of SPF, and I think a lot of other people that are going to be
00:00:52.020 investigated this year because that's one way of bullying and avenging your enemy, and there's a
00:00:59.220 lot of that going on in 2023. Get used to saying the following, two things are going to matter,
00:01:02.900 made in America, but also made in India. A lot of people are gradually going to go away from China
00:01:07.260 realizing how much they control, manufacture, and all this other stuff that slowly, you hear companies
00:01:13.920 like Apple, well, you know, we're still going to do a little bit of our stuff in China, but they're
00:01:18.100 moving to India. You're going to hear a lot of Microsoft, other organizations going to India, so
00:01:22.700 the value, you're going to see a lot of that stuff going from made in China to made in India,
00:01:26.400 and more companies are going to brag about the fact that our clothes are made in America. Our phone
00:01:31.780 is made in America. Our this is made in America. That transition will be taking place, which means
00:01:37.480 India is going to be going vertical, and economically, if they do it right and keep investing
00:01:41.760 into education, that economy is going to be growing the next year, two years, three years, four years,
00:01:45.840 five years. Next one, China is going to have a rough year because it's just going to be challenging
00:01:49.920 for them. No matter what they're talking about, they're not making a lot of good decisions.
00:01:53.020 They're starting to get people from both sides, from political aisles, from the left and the right
00:01:57.960 now challenging their positions. They're trying to play aggressive, hey, stay out of the way,
00:02:03.220 but there's some protesting. This is not usual for China for this to be taking place. The people are
00:02:08.780 starting to get sick of the amount of controlling that they're having, that this is not a good look for
00:02:12.980 them. So it's going to be a rough year for China in 2023. I think it's fair to say last 12 months
00:02:16.920 have been very scary for the average investor, whether it's inflation, interest rates, gas prices,
00:02:20.900 home equity value, all this stuff that's taking place. I mean, some of the numbers,
00:02:24.300 the average investor this year lost roughly 44%. The 60-40 portfolio that's been used for many,
00:02:31.940 many years is down 34%. It's worse in nearly 100 years. As a result, there's been a lot of investments
00:02:37.540 into alternatives by some of the biggest players in finance. Institutions allocating 30 to 50%
00:02:42.560 their assets to alternatives. Retail investors are following suit. McKinsey projects the retail
00:02:47.360 share has potential to more than double the next three years. So what alternatives are they looking
00:02:51.320 into? Goldman names fine arts as a way to help protect purchasing power. It has a correlation
00:02:55.920 of less than 0.3 to any other major asset. And even Morgan Stanley reports the average piece of fine
00:03:01.540 art is selling for 26% more at auction compared to this time last year. So the company,
00:03:07.220 Masterworks allows you to buy into these multimillion dollar pieces of art, but buying
00:03:10.840 fraction, kind of like buying a stock into Apple, you're buying a stock into the same multimillion
00:03:15.220 dollar art. They qualify each offering with the SEC, which you can find at the EDGAR Edgar database
00:03:20.460 at sec.gov, over 600,000 users, over $650 million in art. So in other words, let's just say they sell a
00:03:27.540 painting that you invested in, whatever the return is, you get a piece of that return. That brings them
00:03:31.720 to seven exits this year, ranging from nine to 36% net internal rate of return. And that's a real number,
00:03:36.820 by the way, but remember Masterworks deals in over a half a billion dollars of physical art from
00:03:40.420 legends like Picasso, Banksy, but not NFTs. We've also linked to Masterworks SEC offerings
00:03:45.600 circulars in the description, and they can also be found at sec.gov. However, the thing, obviously
00:03:51.300 there's a lot of interest for what they're doing. People are interested in this, and there's a long
00:03:54.720 waiting list. However, due to value tainment, if you go through the value tainment link, you can skip
00:03:59.200 the waiting list process. I'm going to put the link below, click on a link. If this is something you want
00:04:03.600 to consider investing in for the next six, 12 months as an alternative investment, I highly
00:04:08.420 recommend you go learn more about Masterworks. Point number three goes into point number four.
00:04:13.120 Do not be surprised if in 2023, TikTok gets banned in the US the way it was banned in India and a couple
00:04:19.100 other countries. Don't let that surprise you. Americans from both sides, again, are not trusting
00:04:24.700 TikTok. This is going to be a big pain for a lot of people that build their brand purely around TikTok.
00:04:30.920 TikTok, they're going to have to adjust to go to Instagram or Facebook or Twitter. Obviously,
00:04:35.720 this is a bigger opportunity for Twitter, but you're going to see something happening with TikTok.
00:04:40.280 It can happen like this. And by the way, if it doesn't happen in 2023, it's most likely going to
00:04:44.140 happen in 2024. Interest rates are not going to slow down anytime soon, although they may in Q2 or Q3,
00:04:50.600 my prediction, because if Jerome Powell decides to all of a sudden go up a point to just kind of shake
00:04:55.160 everything up and see inflation drop, and then to go back to half a basis point increases or quarter of a
00:05:00.200 basis point increase, it's going to keep doing that. But that interest rate is not going to be
00:05:03.840 slowing down anytime soon until Q2, Q3, which all that means is real estate is about to take a hit.
00:05:10.400 It already has in 2022, but it's going to get worse and ugly in 2023. That season is coming,
00:05:15.800 and it's going to be challenging for a lot of people in the real estate industry.
00:05:19.040 The real estate people are saying the following, I think this is going to be a flat year. What they're
00:05:22.940 trying to say is the market's going to go down. If experts in the real estate industry are saying
00:05:27.240 it's going to be a flat year, just take 20% and drop it, minimum. That's what's going to happen.
00:05:31.760 My opinion, I may be wrong again, in 2023. All that means is they're finally going to say we are in
00:05:37.280 a recession, so get used to the word recession actually being said by the government. The reason
00:05:41.380 why they say that is because 2023 is the year where you're really going to see the amount of ugly things
00:05:47.260 that was going on in 2022 that was hidden or kind of manipulated because of midterms. You're going to
00:05:53.100 actually see that stuff raw in 2023, which means you may actually hear our president say we are in
00:06:00.200 a recession and use words as soft landing a lot in 2023, but a recession will be here very soon.
00:06:08.420 Highly likely at 70% plus chance recession is going to be here in 2023. Next one, I was having dinner
00:06:13.460 with David Solomon, the CEO of Goldman Sachs last week in Miami, and I asked him a question and I said,
00:06:17.520 hey, David, I know every year we have a different number that comes up. Some years we talk about
00:06:21.500 interest rates, inflation, you know, crypto, this, this, that. No one's talking about unemployment
00:06:25.880 rate because right now it's at 3.3, 3.2, 3.5%. Where are you guys with what's going to happen with
00:06:31.080 unemployment next year? And you heard him say, well, we're thinking it is going to be a number.
00:06:34.400 Some of them said 4.3, 4.4% is where unemployment is going to be next year in 2023. I think it could
00:06:41.580 very likely be higher than that. You're hearing a lot of different stories with companies, not only
00:06:46.220 freezing, firing, going out, they're hurting and it's being felt. Everybody at my table at that
00:06:53.100 event with Goldman Sachs, it was a small event with 30, 40 of us. Everybody at my table said they're
00:06:57.840 either laying off, firing, or only keeping the employees that are going above and beyond.
00:07:03.460 That was everyone at my table who all run a good size business for themselves. So from Q2 on,
00:07:09.660 you're going to hear the word unemployment numbers, unemployment numbers, unemployment numbers,
00:07:13.780 instead of being inflation, inflation is going to be replaced by unemployment. So you're going to see
00:07:17.580 our politicians and presidents saying, even though unemployment is high, we have never seen inflation
00:07:23.020 drop the way inflation has dropped. So they're bragging about unemployment right now. Nobody wants
00:07:26.940 to talk about inflation. Next year, they're going to brag about inflation and no one wants to talk
00:07:31.160 about unemployment. You'll see that shift taking place Q2, Q3 of next year. Around Q2, Q3, people are
00:07:37.620 going to start saying, I'm running for office to be a president. So get used to the campaigning part.
00:07:42.880 You're going to see again, numbers for CNN and Fox and MSNBC going back up because it's the season
00:07:48.580 for them. Superbowl is around the corner for politics in 2024. And this is when people start
00:07:53.520 saying, I'm going to run, I'm going to run, I'm going to run. So it should be an entertaining year
00:07:57.020 with people announcing their run for office. It'll be very interesting to see if there'll be any wild
00:08:02.660 cards. I got some ideas about some wild cards, but we'll see what's going to happen.
00:08:06.020 2023 is going to be a rough year for the Iranian government. Here's why. They have been imposing
00:08:10.720 their power and bullying for way too long. And women finally said, we're sick of it.
00:08:14.920 Masa Amini, when she passed away, the amount of protesting that started, a lot of people
00:08:18.480 said, well, it's going to slow down. That became worldwide. And it was protesting all over the
00:08:23.000 world. And then Iran came out and said, well, let me, if you, if you guys continue to do this,
00:08:26.740 we're going to execute some of you. And they did. And they did publicly. Hang in a 23 year old,
00:08:33.880 Majid Reza Rakhnavard, which they just did that a day ago. And then also at the same time,
00:08:39.320 there are claims right now that they're giving death sentence to Iran's Amir Nasir Azadhani,
00:08:45.820 the soccer player who was protesting for women. And the whole conversation was around the World Cup.
00:08:52.260 They're saying they're going to kill and execute this man. If Iran continues to do this,
00:08:57.760 this strategy is not going to work because the world, if they just sit there and watch and not
00:09:03.540 do anything about, I'm talking about different regimes. What they're saying is they're indirectly
00:09:08.240 supporting this behavior. And if any country gives the Iranian government money, like, especially if
00:09:14.460 the U S gives the Iranian government money, all they're saying is we're okay with you doing what
00:09:19.620 you're doing. We don't condone this. So it's okay. If you're doing this part, we just don't want to
00:09:24.000 get involved. Like Hillary Clinton recently said, we just have to let them figure it out for themselves.
00:09:27.720 Really? In 1978, you didn't let that happen. You had Jimmy Carter and Kissinger come in and have
00:09:33.280 Iran fall. And then when they did, we saw what happened to Iran and the rest of the world because
00:09:37.460 your involvement of manipulating what you did in Iran. So hopefully, uh, I'm very optimistic that
00:09:43.700 this will be one of the worst years ever for the Iranian government. Cause I just don't believe
00:09:47.760 the people are going to take it anymore. I think it's going to be a rough year for
00:09:51.540 their government. So this is one opportunity Iran has to get democracy back there and make it a free
00:09:57.840 country. Hopefully it'll happen. I'm not here saying they ought to it. They're not, they shouldn't
00:10:02.920 do it because I understand how much of a risk this lies for the families and the parents, but I've not
00:10:07.840 seen the conviction of the people today at the levels that we're seeing today. I've not seen it
00:10:12.660 like this ever, at least not in my lifetime. Every year, there's a few lists of names that I like to
00:10:16.460 follow to see what's going to be happening. I think this year we're going to hear a lot of
00:10:19.520 Rand Paul Fauci, because I don't think they're going to be done investigating Fauci. This is not going to be a
00:10:25.660 good year for Fauci. Fauci is going to be in the news, criticized constantly. If he was a hero in
00:10:31.160 2020, in 2021, he's going to be a villain in 2023, exposed with a lot of different things, especially
00:10:37.740 since Elon Musk just bought Twitter and they're talking about prosecute Fauci. That's not going
00:10:41.940 to be something he's just tweeting for the hell of it. It's going to be a rough year for Fauci.
00:10:46.060 Republicans won the house. You're going to see a lot of that. I think you're going to hear SPF and
00:10:49.460 FTX all year long. Investigation is not going to be slowing down anytime soon. This year, it's going to be a
00:10:54.220 rough year for them. DeSantis, he's the leading candidate right now in Las Vegas betting. So
00:10:59.500 he is officially number one. Then it's Biden and Trump. Do not be surprised if sometime Q2,
00:11:05.480 Q3, he announces it. I think if it's a close advisor to him, they're telling him the only way
00:11:10.740 you're going to have a bigger credibility score than you do today is you need another black swan and
00:11:15.620 then you need to make your decision properly again. And so do you want to wait four more years? I don't
00:11:19.880 think he is. I think he'll be announcing. We'll see again. Outside of that, anybody,
00:11:23.920 Elon Musk hires, I wouldn't be surprised if certain people move to want to go run with Elon Musk
00:11:29.540 and Twitter. It'll be very interesting. It's as if he's putting everything else in pause. Tesla
00:11:34.280 stock is down. You got some of the other stuff that is doing fine, but I think that's going to
00:11:40.300 be an interesting year where people are going to say, I want to come and run with you. I want to
00:11:42.980 come and run with you. I want to come and run with you. So he's going to, anybody, you got Matt
00:11:47.020 Taibbi, Barry Weiss, you got those then, but there's going to be a lot of other names that could
00:11:49.900 potentially join with them. Some potential big podcasters are going to want to go to Twitter and
00:11:54.980 run with them. Don't be surprised if that were to happen. I think if there's anyone that can pull it
00:11:59.980 off, it's him. Bob Iger's name is going to be there with Disney, how he'll turn it around with
00:12:03.760 Tim Cook. Will they sell to Apple, a Disney sale to Apple? Could it potentially happen in 2023?
00:12:11.720 I think there's a possibility for Bob Iger to try to restructure the reputation that they have. And
00:12:17.780 last but not least, Newsom keeps saying he's not going to be running. I think this is a very big
00:12:21.860 year for Newsom to try to get in there because there's no way the Democrats are going to let
00:12:27.000 Biden be the leading candidate to run left. I think after midterms, don't be surprised. This
00:12:32.560 is going to be a little weird prediction that I'm making, and I may be very, very wrong. I don't think
00:12:36.560 I am. Don't be surprised if mainstream media fully turns on Biden to corner him, to say the same way
00:12:46.780 we cornered, you know, Elizabeth Warren, Bernie Sanders, Amy, Pete to say, hey, everybody get
00:12:53.240 behind Joe Biden to become the president. I think the same way they're going to corner Joe Biden to
00:12:59.360 say it's time to step away and you need to announce it. And then they're going to give him a nice legacy
00:13:03.400 stuff. But they do not want Joe Biden to be running again next year. Don't be surprised if
00:13:08.240 mainstream media fully goes on the offensive at him, CNN, MSNBC, everybody, Hunter Biden, all of that
00:13:14.800 stuff. Do not be surprised if that happens in 2023. Again, I may be fully wrong. That's why you call
00:13:20.420 them predictions. It's not meant to be a hundred percent. These are purely speculations of what
00:13:24.260 things that could happen in 2023. If you got value from this video, give it a thumbs up and subscribe
00:13:28.880 to the channel. I got another video I want you to watch. It's titled how to plot your next 15 moves
00:13:33.260 as an entrepreneur. If you've never watched that, click here to watch it. Take care, everybody. Bye-bye.