Is Fiat Breaking? | Jonathan Wellum on The Marc Patrone Show (08.04.26)

👉 \*Click Here to Subscribe*  ⁨@RockLincPartners⁩  💰 \*More from Worth Investing* https://www.youtube.com/playlist?list=PLjbJS8-FZgaH4MJzgk5oC8AmmvbwO48ay\*Show Description\*Host Marc Patrone speaks with RockLinc Investment Partners CEO Jonathan Wellum about a sharp market rally (Dow up over 1,000 points) driven by hopes of a deal involving Iran and the Strait of Hormuz, sending oil down about 5.7%, alongside a renewed surge in the AI trade and strong, broadly based U.S. earnings. Wellum cautions that extreme volatility and high valuations warrant a medium-to-long-term focus, diversification, and avoiding overconcentration, noting risks “below the surface” such as the unwinding of the leveraged yen carry trade and rare intervention to support the yen. The discussion also covers impending U.S. tariffs on Canadian goods, ongoing pressure on Canadian manufacturing, the growth of Ontario’s public sector, and Canada’s rising imports from the U.S., including computers and peripherals, as the U.S. re-industrializes and attracts capital and talent.📖 \*Chapters* ⏰00:00 Market Rally Headlines00:33 Oil and Hormuz Volatility01:34 AI Trade and Earnings Surge03:10 Hidden Risks and Diversification04:50 Rickards Explains Yen Carry07:35 Why Gold and Currencies Matter08:43 Canada Tariffs and Economic Drift10:16 Ontario Decline and Big Government11:32 Record US Imports and Data Centers13:19 Rocklinc Contact and Closing13:56 Rocklinc Value Investing Ad: https://rocklinc.com/etf/ ===========================\*Connect with us!\*=============================Get a free portfolio review with Jonathan Wellum and the team at Rocklinc; visit: https://bit.ly/4anVNzdGet To Know Jonathan Wellum: https://youtu.be/ezMiX0FtZ7g\*Please visit https://www.rocklinc.com for the latest prospectus, Fund Facts, and other information on the ROCKLINC Principled Equity ETF: https://rocklinc.com/etf/ https://youtu.be/e34BGJZlqDA?si=i2I7gqZlkyj83sbB\*Learn more about Rocklinc: https://www.youtube.com/playlist?list=PLjbJS8-FZgaExMwLylSU6IOMMaSkT0y\_P or visit our website: ⁠https://www.rocklinc.com\*Follow us on social media\*👉 X: https://x.com/RocklincIP⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠👉 Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠: https://www.facebook.com/rocklinc⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠👉 LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠: https://www.linkedin.com/company/19148766/admin/dashboard/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠👉 YouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠: https://www.youtube.com/channel/UCvEh2n3BPa69TBsnVD1J1JQ\*Want help achieving your financial goals? Contact us!* ✉️ info@rocklinc.com, or 📞 call us 905.631.5462.🔗 https://www.rocklinc.com===========================\*Subscribe and Listen to the Worth Investing Podcast HERE\*📱 ===========================➡︎ YT:  ⁨@RockLincPartners⁩  https://www.youtube.com/playlist?list=PLjbJS8-FZgaH4MJzgk5oC8AmmvbwO48ay➡︎ Spotify: https://open.spotify.com/show/7jvdMbs6xJImhFphSyCIAE?si=258d98dbb7224257\*Disclaimer:* Please see rocklinc.com for further information. This content is for informational purposes only.Copyright © 2026 ROCKLINC Investment Partners Inc. All rights reserved.#WorthInvesting #Rocklinc #ValueInvesting #PrincipledInvesting #CanadianEconomy #JonathanWellum #MarcPatroneShow #RKLC