Video Update: Greetings From the Crossroads of America

[Inside Wall Street with Nomi Prins]( Welcome to Inside Wall Street with Nomi Prins! It’s the only daily newsletter featuring the insights of renowned author and former Wall Street insider, Nomi Prins. Every day, Nomi shines a light on a massive wealth transfer she calls The Great Distortion. That’s the true cause of the permanent disconnect she sees between the markets and the real economy. And she shares ways you can come out ahead, if you know where the money is flowing. You’ll find all Nomi’s Inside Wall Street issues [here](. If you have questions or comments, send Nomi a note anytime [here]( or at feedback@rogueeconomics.com. Video Update: Greetings From the Crossroads of America By Nomi Prins, Editor, Inside Wall Street with Nomi Prins I’m on the road this week… traveling across the Midwest to check out for myself the economic conditions on the ground in America. So for today’s edition of Inside Wall Street, I shot a short video update from Indianapolis, Indiana, for you instead of my usual written commentary. Indiana is known as the crossroads of America. That’s because it’s a central hub for some of our nation’s major interstate highways. But it’s also a place where three of our distortion investing themes converge – Infrastructure, New Energy, and Transformative Technologies. And today, I’ll give you an example of a company here that’s evolving to keep up with infrastructure demand, transforming technology, current energy needs, and New Energy transitions. [Click here]( – or on the image below – to watch my latest video update. It’s just under four minutes long. And as always, I’ve also included a transcript. [image]( I hope you enjoy my video update from Indianapolis. Let me know what you think at [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=RE: Video Update: Greetings From the Crossroads of America). Happy investing, and I’ll be in touch again soon. Regards, [signature] Nomi Prins Editor, Inside Wall Street with Nomi Prins Recommended Link [Americans set to be blindsided]( [image]( What if America’s next crisis looks nothing like the last? Right now, investors are looking on as supply chain woes lead to higher prices and shortages… Higher interest rates are slowing the housing market… And job losses could be on the horizon. According to The Wall Street Journal, a recession could hit as soon as this year. But renowned economist, Nomi Prins, has found a story the media seems to be missing. She says, “If you’re getting the bulk of your information from the mainstream financial media, you could soon miss out on a historic transfer of wealth happening right under our noses.” In other words, the media is only reporting on part of the story – and it could cost you dearly. [Go here now to see how you can prepare for a $150 trillion shift Nomi sees coming in the months ahead.]( -- --------------------------------------------------------------- TRANSCRIPT Hi everyone, Nomi here. I’m in Indianapolis, Indiana, after driving through our country’s beautiful Midwest to check out economic, Infrastructure, and New Energy conditions on the ground, as they’re impacted by The Great Distortion between the markets and the real economy. I’ll get to more about why that matters in a moment. But first, as you can see behind me, I’m right by the Indianapolis Motor Speedway, or the Brickyard, as it’s sometimes called. [image] This is where racecar drivers compete in the Indy 500, the largest one-day event of its kind on the planet. Between you and me, I love Indy racing. I love NASCAR, too. But I have to admit, I really love F1. And my favorite driver is Lewis Hamilton. [Featured: Be Warned: Fill Up While You Can, America…]( Now, the state of Indiana is actually known as the crossroads of America. That’s because Indianapolis and the greater region provide a central hub for our nation’s major interstate junctions. The crisscross of highways here made Indiana a marquee spot for the federal highway system way back in 1926. Today, the state is heavily trafficked. It bridges Ohio to Illinois. And it serves as a gateway to the Great Lakes for many trucks carrying raw materials and finished products across the country. All of that makes infrastructure demands here both very real and of significant national and business interest. Unfortunately, 23% of the roads here in Indiana are in really poor condition. And on average, each motorist pays $638 per year in costs due to driving on roads that are in need of repair. To be clear, this is not exceptional to Indiana. But the fact remains that in our current economy, delaying building out sustainable infrastructure can, and does, cost the country and us taxpayers real money. Recommended Link [Could This Strange Device Help “Save” The EV Boom?]( [image]( With $6 gas, more Americans are thinking about EVs. But mileage range issues could slam the brakes on this $57 trillion opportunity. Now one obscure firm trading for a fraction of Tesla… just received an award from the U.S. Department of Energy and has developed a next-gen solution. What is it… and how can you potentially profit? [Click here to find out.]( -- Building a Sustainable Future The good news is that even for the crossroads of America, there are plenty of reasons to be optimistic. What I’m seeing is that businesses in the area are evolving their products to keep up with infrastructure demand, current energy needs, and New Energy transitions. [Featured: Trading Millionaire Reveals, “2008 Was My Most Profitable Year”]( They’re making vehicles and parts more sustainable and efficient. And they’re committed to long-term energy demands. And while not every company builds roads or bridges, they can still play a key role in transportation. After meeting with folks in this area and having in-depth conversations here, one example that stands out to me, in particular, is Allison Transmission. It’s headquartered here in Indianapolis. And it’s a manufacturer of commercial automatic transmissions. It actually got its start by helping to build the Indianapolis Motor Speedway here back in 1909. And what it’s doing now is really cool. You see, Allison Transmission was once fully devoted to airplane engines, plus other gas-guzzling transmissions for trucks, buses, and commercial vehicles. But as the electric vehicle (EV) trend emerged in the United States and globally, these transmissions were seen as incompatible to the propulsion systems that take gasoline and diesel. Some of these don’t need a transmission at all. But today, this company has developed several fully electric propulsion solutions that allow for fully electric axles. They’ve even opened a cutting-edge, state-of-the-art vehicle electrification and environmental test center right here. So, instead of being left behind by emerging Transformative Technology and New Energy demands, plus roadway needs right now, innovative companies like Allison and others are leaning into becoming relevant and viable for a sustainable future. And they fit into our long-term views on Infrastructure, New Energy, and Transformative Technologies, which are three of [our five main distortion themes](. [Managing Editor’s Note: Allison Transmission is not an investment recommendation. It is, as Nomi says, an example of a company adopting new technology to play a key role in the New Energy transition.] Meanwhile, I would love to hear about any of your racing favorites. So please write in with them. Happy investing, and I will talk to you soon. Recommended Link [Target's New Warning Signals a Terrifying Trend]( [image]( One of the biggest and most important stores in America just sent out a terrifying signal for you and your money. The big box retailer is preparing for a shocking economic reality – canceling product orders and slashing prices to sell off what it's got. It's a major warning signal for most investments. Even worse – your cash savings could be at risk. [Click here for the full story.]( -- --------------------------------------------------------------- Like what you’re reading? Send your thoughts to [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=RE: Inside Wall Street Feedback). --------------------------------------------------------------- MAILBAG Nomi recently penned a two-part series on the exorbitant compensation packages some CEOs receive (catch up [here]( and [here]( and one reader says there’s another important point to CEO pay that we’re missing… A point most critics of CEO pay miss is that another 1970s distortion started it, when corporations were prohibited from making political donations. A corporation can hire a lobbyist directly, but without a supply of election campaign money to dispense, the lobbyist has little influence. So corporations responded by compensating top officers, with the tacit understanding that those officers, after first paying income taxes on the money, would give generously to political action committees that the corporate lobbyists could steer. Because of the pernicious concept of qualified immunity, elected officials can do favors for corporations, at zero risk of lawsuit, which corporations cannot legally do for themselves. Congress has lost so much respect among the voting public, largely because it sells this immunity to corporate officials by passing laws they want. Just as Warren Buffett found in the mid-1980s, that the cheapest place to drill for oil was inside the New York Stock Exchange by buying underpriced oil firms, the easiest way for any corporation to sell its products is to get a law passed mandating people to buy the product. – Bob S. Meanwhile, another reader disagrees with [Nomi’s confidence in Bitcoin as a long-term investment]( Why take a chance on Bitcoin? Gold is a proven long-term inflation hedge. Gold has been money for centuries. If gold was $20,000 an ounce and Bitcoin was $1,800, maybe it would be different. Lots of cheap stocks trading well below book value. Much better and safer than buying Bitcoin. – Jon J. Lastly, reader Edward R. wrote last week in relation to [guest writer Grant’s essay]( on ways to save money on record-high gas prices…. My household has not had a car payment for over 15 years. We drive two older Volvo sedans and two pickups. They are all paid for, and our diesel truck uses no DEFT! If we have to get our primary car repaired, then we have a backup vehicle to drive. When your cars are paid for then the cost of fuel becomes irrelevant. Our auto insurance rates are at the minimums required by law. People need to simplify their lives and stop drinking the Kool-Aid served by those who stand to profit! – Edward R. But this reader thinks Edward’s argument is flawed… “When your cars are paid for then the cost of fuel becomes irrelevant.” Is Edward R. serious? Even if your cars are paid for, two cars buying 20 gallons of gas a week at a $3 a gallon increase is over $6,000 a year! Hardly irrelevant. – Tom M. Has Congress lost the respect of the voting public by passing laws to gain favor with corporate officials, as Bob writes? Have you taken a chance on Bitcoin? Or do you, like Jon, believe there are safer options? Write us at [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=RE: Video Update: Greetings From the Crossroads of America). IN CASE YOU MISSED IT… [Are Bitcoin bulls wrong?]( They said Bitcoin was going to the moon... Instead, it lost more than 70% this year. Are Bitcoin bulls wrong? Controversial millionaire trader Jeff Clark, says, “Who cares?” Because thanks to this rare Bitcoin “loophole” he recently exposed… It’s now possible to rake in gains as high as 660%… 810%… even 1,295% or more from Bitcoin – in a matter of days... This works whether Bitcoin goes up to $100K or crashes to $1K. [Click here - LIVE demonstration reveals all the details!]( [image]( Get Instant Access Click to read these free reports and automatically sign up for daily research. 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