Phillip Toews of Toews Asset Management - Record Global Debt

Global debt has hit an all-time high, making its way into the headlines worldwide. Debt held by governments, corporations, and individuals has alarmed economists and finance experts alike. While some argue that this debt load is necessary for economic recovery and growth, others warn that this could have far-reaching consequences for the economy around the world.

In this episode, Rusty talks with Phillip Toews, Founder and CEO of Toews Asset Management. Phillip has a passion for behavioral finance and its role in investment decision-making. He focuses on creating "investor-friendly" products and is an outspoken advocate of changing and improving investment vehicles to serve clients' needs. Phillip is also the Founder and CEO of the Behavioral Investing Institute, where he helps advisors cultivate their skills and, through education, seek to serve their clients better.

Phillip and Rusty weigh some of the potential scenarios and risks from the hidden implications of record global debt and some of the possible future scenarios for the stock market, interest rates, and real assets.

Key Takeaways