AFMC - Luke Lloyd On Debt Spending AI Energy And The 2024 Election
2024-06-07 09:00:00 ET
Summary
- Luke Lloyd, Wealth Advisor and Investment Strategist at Strategic Wealth Partners, starts by outlining the implications of the federal government adding $1 trillion in new debt every 100 days, plus consumers racking up' Phantom Debt' via 'Buy Now, Pay Later' borrowing.
- He goes on to discuss the impact of the election on stocks and sectors, naming groups that should perform the best if Trump or Biden wins.
- Luke continues by highlighting some of his favorite investments in this market, including Nvidia, AMD, Microsoft, and Accenture, as well as commodities and related equities like CCJ, URA, and GLD.
By Mike Larson, Editor-in-Chief, MoneyShow
Luke Lloyd, Wealth Advisor and Investment Strategist at Strategic Wealth Partners, discusses one of the biggest contributing factors keeping this whole economy afloat - the debt cycle.
Transcript
Larson - Hello and welcome to our latest MoneyShow MoneyMasters Podcast segment. I'm Mike Larson, Editor-in-Chief at MoneyShow. And today, I'm pleased to welcome Luke Lloyd, Wealth Advisor and Investment Strategist at Strategic Wealth Partners, to the show. Luke, how are you?...
Luke Lloyd On Debt, Spending, AI, Energy And The 2024 Election