What’s Really Coming Next for the Economy – Tom Wheelwright, Tyler Goodspeed
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Inflation and oil prices have skyrocketed and shocked our economy. What long-term effects should we expect on our interest rates, investments, and businesses, and do we see a recession in our future? Join Tom Wheelwright as he explores where we are in the recession cycle with his guest, Tyler Goodspeed.
Tyler Goodspeed is the chief economist of ExxonMobil. Previously, he chaired the White House Council of Economic Advisers. He holds a doctorate in economics from the University of Cambridge and a doctorate in history from Harvard University, and he has held faculty appointments at Stanford and Oxford. The author of three previous books on economics, he lives in Texas.
In this episode, discover what investors and entrepreneurs can do in an unstable market, if the globalization of the economy will impact the dollar as a reserve currency, and if the US is in a state of economic relative strength or decline.
Order Tom’s book, “The Win-Win Wealth Strategy: 7 Investments the Government Will Pay You to Make” at:
00:00 – Intro.
01:45 – Gas Prices, Interest Rates, Recession vs. Growth – Where Are We?
08:58 – Recession Cycle Signs: Unemployment, War, etc.
13:17 – Tools for Our Future: Where Are We Headed in the Next Few Years.
17:14 – What Investors and Entrepreneurs Can Do.
19:04 – Monetary Policy: Concerns of Instability and Currency Alternatives.
24:52 – Words of Wisdom on Inflation, AI, and the World Economy.
27:32 – Oil and the US Economy.
28:57 – Closing Statements.
Looking for More on Tyler Goodspeed?
Book: “Recession: The Real Reasons Economies Shrink and What to Do About It”
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Tom Wheelwright is the founder and CEO of WealthAbility and TFW Advisors, a leading authority on tax strategy and wealth building. He is the best-selling author of Tax-Free Wealth and a trusted advisor to Robert Kiyosaki. As a world class CPA, Tom is dedicated to empowering entrepreneurs and investors to reduce their tax burden and achieve financial freedom. He currently resides in Phoenix, Arizona.
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WealthAbility® does not provide tax, legal or accounting advice. The materials provided have been prepared for informational purposes only, and are not intended to provide tax, legal or accounting advice. The materials may or may not reflect the most current legislative or regulatory requirements or the requirements of specific industries or of states. These materials are not tax advice and are not intended or written to be used, and cannot be used, for purposes of avoiding tax penalties that may be imposed on any taxpayer. Readers should consult their own tax, legal and accounting advisors before applying the laws to their particular situations or engaging in any transaction.
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Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.
The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.

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