22 Causes of the Next Crash of 2029

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Learning Objectives

To become aware of the gaslighting that is fooling us into believing everything is ok.
To realize that there is too much money floating around the US economy that will bring inflation.
To recognize that interest rates cannot and should not be near zero.
To identify some ways to protect yourselves.

Course Description

In our everyday lives, the grip of inflation tightens, signaling a persistent concern that refuses to fade away. Lessons from Japan's history serve as a stark reminder: caution is key to avoiding slipping into the abyss of prolonged economic stagnation.

The Federal Reserve (Fed) grapples with a significant financial hurdle—annual operating losses totaling a staggering $244 billion. Conventional wisdom suggests market forces should determine fair prices for stocks and bonds, presenting the Fed with a dilemma: pivot back to the Zero Interest Rate Policy (ZIRP) or delicately continue unwinding its unprecedented $8 trillion balance sheet.

An alternative perspective urges the Fed to resist ZIRP's pull, focusing on the gradual unwinding of its colossal balance sheet. Unraveling this $8 trillion position may restore equilibrium but demands meticulous execution to avoid an economic collapse. As inflation shapes our economic landscape, the Fed faces a complex dilemma. This course will discuss choices that can be made in the coming months and reverberate across the U.S. economy. Striking a balance between market forces, interest rate policies, and balance sheet unwinding becomes crucial, guiding the nation away from prolonged economic downturns.

Key Topics:

Inflation and its Causes
Federal Reserve Monetary Policy
National Debt and Government Spending
Interest Rates and Bond Market Dynamics
Stock Market Analysis and Investment Strategies
Economic Recession and Financial Risk Management

Join this CPE Webinar to tailor your strategies and take a proactive stance in addressing the challenges presented by the ever-changing economic landscape.

Webinar Qualifies For

1 CPE Credit of Economics for Certified Public Accountants (CPA-US)
1 General Credit of Economics for Accountant/Bookkeeper/Tax Professionals
1 CPD Credit for Personal Financial Specialist (PFS)
1 PL Credit of Economics for Chartered Financial Analyst (CFA)
1 CE Credit of Economics for Chartered Financial Consultant (ChFC)
1 CE Credit of Economics for Certified Treasury Professional (CTP)
1 CE Credit for Certified Wealth Strategist (CWS)
1 CE Credit for Certified Fiduciary and Investment Risk Specialist (CFIRS)
1 CE Credit of Economics for Retirement Income Certified Professional (RICP)
1 CE Credit of Economics for Financial Services Certified Professional (FSCP)
1 CE Credit of Economics for Wealth Management Certified Professional (WMCP)
1 CE Credit of Economics Concepts for Certified FP&A Professional (FP&A)
1 CE Credit of Economics for Chartered Advisor in Senior Living (CASL)
1 CPE Credit of Economics for Iowa Licensed Public Accountant (IA-LPA)
1 PL Credit of Economics for CIPM
1 CPE Credit of Economics for Maine Licensed Public Accountant (ME-LPA)
1 CE Credit of Economics for Chartered Special Needs Consultant (ChSNC)
1 CPE Credit of Economics for Delaware Licensed Public Accountant (DE-LPA)

About Instructor

Ronald Surz

President, Target Date Solutions

Ronald J. Surz is president of PPCA Inc. and its division, Target Date Solutions. He is a pension consulting veteran, having started with A.G. Becker in the 1970's. Ron earned an MBA in Finance at the University of Chicago and an MS in Applied Mathematics at the University of Illinois.

He has published regularly in such publications as The Journal of Wealth Management, The Journal of Investing, Journal of Portfolio Management, Pensions & Investments, Senior Consultant, HorsesMouth and the IMCA® Monitor, as well as contributed to and edited several books. Ron's most recent book is Fiduciary Handbook for Understanding and Selecting Target Date Funds: It's All About the Beneficiaries. Ron has served as a member of the following boards and councils:

City of San Clemente Finance Committee
Investor/Consultant Subcommittee of the Global Investment Performance Standards (GIPS) Executive Committee, established by the CFA Institute
Investment Management Consultants Association® (IMCA®) Board of Directors
IMCA® Monitor (newsletter) Editorial Board
IMCA® Standards of Practice Board Chair
Cainsoft Advisory Board
FinanceWare.com Advisory Board
Association for Investment Management & Research (AIMR) After-Tax Subcommittee
Risk-Controlled Growth (RCG) fund-of-hedge-funds Investment Committee
Sortino Investment Advisors Advisory Board
Capital Market Consultants Advisory Board
President of the Southern California Chapter of IMCA®
Rockwater Hedge LLC Advisory Board

Additional Information

Duration

1 Hour

Course Level

Basic

Instructional Method

Group Internet Based

Pre-requisites

None

Advance Preparation

None

FAQ’s

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NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

Ratings and Review

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Becky Wilhelm, CPA (US)

Excellent presentation by Ronald Surz. The information shared was very thought provoking and I appreciated his honest reflection on the current economic status. I wish I was bold enough to implement his advice (no stocks!), but there are some elements of truth in his information. More advisors are Talmudic advice and I am concerned that the US economy is on the down spiral. Thanks for the information. I enjoyed this topic more than many of the other courses and I highly recommend this course. An honest thinker who sees the writing on the wall. Thank you Ronald.

Owen Mccafferty, CPA (US)

Excellent presentation by a very knowledgeable and accurate speaker. The presentation could be longer. Please include Mr. Surz in more presentations. His presentation was pre-recorded. Live presentations are always appreciated. He made mention of yesterday being "Thursday". The presentation was broadcast Monday.

Frank George, CPA (US)

Ron always does a great job providing an experienced, historical, and future view of the economy and how it impacts ours and our clients financial future.