Unemployment Rising as FED Panics with Clive Thompson

Interview recorded - 22nd of October, 2024

On this episode of the WTFinance podcast I had the pleasure of welcoming back Clive Thompson. Clive has years of experience in the wealth management industry & a unique insight into central banks.

During our conversation we spoke about the current state of the economy, FED weakening, decreasing interest rates, how the FED are losing control of the bond market, people are losing their jobs and more. I hope you enjoy!

0:00 - Introduction
1:40 - Currently seeing in the economy?
7:08 - FED seeing workforce weakness?
9:40 - Who is buying gold?
12:10 - Decreasing interest rates positive?
13:45 - FED losing control of bond market?
22:57 - Yield rising linked to debt?
25:54 - Underinvestment of precious metals
28:34 - What is happening with silver?
32:14 - One message to takeaway from conversation?

Clive has 47 years of experience in finance & wealth management. This encompasses structuring and advice relating to quoted investments, Private Equity investments, family businesses, tax, residency, real estate, inheritance, Wills, legal, lending, Trusts, Companies and Foundations and all kinds of personal and private advice. He has been actively involved for decades in the arena of Trust structures. This often involved negotiating and discussing the contracts relating to the sale of family companies.

Clive's latest position before retirement was as Managing Director in the Anglophone Private Clients Department of Union Bancaire Privée, UBP SA, based in Geneva. He was responsible for wealth management services provided to a small number of wealthy English and French speaking families.

Clive continues to remain very active in the world of wealth, with a strong focus on Private Equity, and direct Equity Investing via the global stock markets. His passion is the financial analysis of Balance Sheets, P&Ls, Cash Flow and business projections. Clive loves examining business opportunities, like Private Equity, and digging into the fundamentals of quoted companies to achieve a market beating performance.

Clive Thompson -

LinkedIn - https://www.linkedin.com/in/clive-thompson-661997251/
Video - https://www.youtube.com/watch?v=L9aye4wQ8Ok

WTFinance -

Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas

Thumbnail picture from - https://www.foxbusiness.com/economy/wall-street-economist-recession-2023-biggest-economic-crisis-1970s