South Carolina Business Review

Are asset values in a downward spiral for the next 10 years?

By Mike Switzer

Published August 23, 2022 at 5:30 AM EDT

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While most investment and economic prognosticators we talk to believe that stocks and bonds are in a traditional bear market that may be with us for the next several months, our next guest believes we have entered a super cycle that could deflate stock, bond, and real estate prices for the next 10 years. Mike Switzer interviews Tyson Halsey, a chartered financial analyst and managing member at Income Growth Advisors at Daniel Island, SC.

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Mike Switzer

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.

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