'Debt Addiction' to Crash Economy by 2027 with Mel Mattison

Interview recorded - 9th of September, 2024

On this episode of the WTFinance podcast I had the pleasure of welcoming on Mel Mattison. Mel is writer and financial services veteran, with 20 years in the realm of high finance.

During our conversation we talked about Mel's outlook for the markets, higher inflation for longer, risk of economic collapse, social security, stock melt-up, which assets will perform and more. I hope you enjoy!

0:00 - Introduction
0:49 - Outlook on the macro and markets?
5:10 - Higher inflation for longer?
11:55 - Can government thread deficit needle?
15:28 - Risk of collapse?
21:30 - Social security into stocks?
24:20 - Increased volatility in the markets
30:51 - Stock melt-up?
34:49 - Dollar pain for global countries?
40:01 - Assets to perform post crash?
43:16 - One message to takeaway from conversation?

For over twenty years, Mel has held key posts with both established asset managers such as Russell Investments and fast-growth startup firms like United Capital (acquired 2019 by Goldman Sachs). Since 2019, Mel has focused almost exclusively on private equity and the employee stock option financing space. He also founded the personal finance and wellness app, MoneyComb, in 2014. Seed funded by Duke University and incubated under leading behavioral economist Dan Ariely, MoneyComb quickly gained a reputation for innovative thinking about money and happiness: MoneyComb in WSJ.

Having served as the CEO of three different FINRA and SEC registered broker-dealers, Mel has established himself as an expert in the operation of financial firms with an emphasis on broker-dealer formation, private placements, compliance, and scaling of digital operations.

Mel holds an MBA with concentrations in investment and corporate finance from Duke University. He received his BA from Loyola University Chicago where he majored in philosophy, minored in English, and helped establish the school’s nascent men’s rugby program. Mel is also a Certified Financial Planner™ Professional and holds the CFP® designation.

Mel Mattison:

Website - https://www.melmattison.com/
X - https://twitter.com/MelMattison1
Book - https://www.amazon.com/dp/B0CK6WTGJV?ref_=cm_sw_r_cp_ud_dp_ZBJCM70F8RTF8WCETGYT

WTFinance:

Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas

Thumbnail picture from - https://www.washingtonpost.com/opinions/2024/07/23/national-debt-fix-peterson-foundation/