Dan and Corey kick things off by discussing Lyft shares soaring after a numeric typo in the company's earnings report, market volatility after the latest consumer price index release, the possibility of "Volmageddon" 2.0, and the harms of passive investing. When speaking about all the trouble brewing in the markets today, Dan notes, "Risks don't register until they happen." (0:41)

Next, Stansberry Research editor Mike DiBiase joins the conversation and shares his concerns about the bond market. Specifically, he believes that we're in the early stages of the next credit crisis. He goes into detail about why we're overdue for such an event, which specific indicators are signaling turbulent times ahead for the market, and whether the Federal Reserve could do anything to lessen the inevitable damage. (24:53)

Mike also analyzes the stock market and how it paints a bleak picture. As he explains, corporate earnings declined in 2023 even though many companies had a fantastic year and posted incredible numbers. And despite this "earnings recession," stocks are still trading at all-time highs. (32:25)

Then, Mike covers why he believes the struggling U.S. consumer is going to usher in the next credit crisis, how today's market is so similar to 2008's, and why corporate bonds still make for good investments. (35:38)

Lastly, Mike discusses how this new era of high interest rates has irreversibly altered the investing landscape that people have grown accustomed to over the past 40 years. He explains that stocks were the favored investment when the Fed was keeping rates near zero, but bonds are back on a more equal playing field thanks to high interest rates. (48:34)

Now Is a Great Time to Be a Bond Investor