CI 89 – What Goes Up, Must Come Down with Mish Shedlock

Mish Shedlock, SitkaPacific Capital ManagmentBubbles are just a fact of investing. At some time or other, every asset class has been in a bubble. Whether it’s the dot-com bubble of the 90s or the housing bubble in the 2000s, booms and busts are commonplace at this point. When they happen you have to make sure you’re diversified and prepared for the downturn.

But what happens if it’s not just one asset class? What if the bubble is…everything?

Mish Shedlock, economist and investment advisor at SitkaPacific Capital Management, talks with Jason about just this phenomenon, and provides some thoughts on ways you can protect yourself in the middle of this everything bubble.

Key Takeaways:

[3:07] Mish’s Rule of Progress

[10:23] The Shiller P/E Ratio Chart and what it says about the market today

[12:08] The Buffett Indicator

[16:03] The Mish Shedlock investing thoughts for right now

[19:41] How asset inflation is leaving investors behind

[24:07] Some real estate price examples on the East coast that show the dangerous bubble we’re probably in, and how policies are set up to aid the rich in their wealth creation

Website:

www.MishTalk.com

www.MishMoments.com

CI 88 – How Fiat Currency Changed the World with Richard Duncan, Part 2

Jason and Richard Duncan continue discussing what Richard thinks will happen if the government stops supporting the global bubble, how the government can get back in the black on the spreadsheets, and why today is unique in terms of economic history.

Richard Duncan is Chief Economist at Black Horse Asset Management, the author of The New Depression: The Breakdown of the Paper Money Economy and The Dollar Crisis: Causes, Consequences, Cures. His Macro Watch video series can help individuals to clearly understand how the financial system really works. Mr. Duncan previously held the position of economist for the World Bank and the International Monetary Fund.

Key Takeaways:

[1:00] The rules completely changed when we ditched the gold standard and went to a paper money economy

[10:35] The winners in our new, global economy

[13:16] How governmental policy is driving the global bubble

[16:15] Never in human history have we seen what happens when the economy becomes global and money is printed in this abundance

[21:33] How we can pull our nation out of debt

Website:

www.Blackhorse.com.sg

The New Depression: The Breakdown of the Paper Money Economy

The Dollar Crisis: Causes, Consequences, Cures

CI 87 – How the Breakdown of the Current Paper Money Economy Brought on the New Depression with Richard Duncan, Part 1

This week’s episode is an enlightening economic conversation you don’t want to miss. Jason welcomes Richard Duncan back to the show for the first of a two-part conversation about what is driving the economy and which mistakes could catapult the US into a recession.

Richard Duncan is Chief Economist at Black Horse Asset Management, the author of The New Depression: The Breakdown of the Paper Money Economy and The Dollar Crisis: Causes, Consequences, Cures. His Macro Watch video series can help individuals to clearly understand how the financial system really works. Mr. Duncan previously held the position of economist for the World Bank and the International Monetary Fund.

Key Takeaways:

[1:11] Richard Duncan has a unique, insider’s view of world economics and FIAT money.

[6:16] In the US, when credit grows less than 2% the US goes into recession.

[11:27] Creditism is the new Capitalism.

[13:47] Looking back at the policies which saved the world economy in 2008.

[19:45] It’s a very sensitive moment in the economy as the Fed is considering reversing quantitative easing.

[23:37] Globalization has changed the way the economic game is played.

Website:

www.Blackhorse.com.sg

The New Depression: The Breakdown of the Paper Money Economy

The Dollar Crisis: Causes, Consequences, Cures

CI 86 – Profiting From The Sale of a Lifetime with Harry Dent

Bubbles abound in the world of investing, and today is no different. Jason welcomes Harry Dent, author of The Sale of a Lifetime, about what’s going on today in the stock market, real estate market, political world, and worldwide economic statuses. Harry points out what nation in Europe that reminds him of Japan before their massive downturn, and gives Jason a rundown of what to look for BEFORE you see a bubble burst.

The two look at what you might actually want to be investing in when the bubble bursts.

Key Takeaways:

[4:47] The massive bubble that is Chinese real estate

[12:51] Why Harry studies 80-250 year cycles when the world is rapidly changing today

[15:36] Examining the Trump rally

[24:07] Why Jason hates the Case Shiller Index

[28:19] The phases of a housing crash

Website:

www.HarryDent.com

CI 85 – Why Wall Street Matters with William Cohan

Jason Hartman welcomes William Cohan, New York Times columnist, special correspondent for Vanity Fair, former contributor to Bloomberg View, and author books such as Why Wall Street Matters, The Last Tycoons, and House of Cards.

William tells Jason his views on the Trump administration, why Donald has had a hard time draining the swamp and who really is to thank for the low unemployment rate and the steady economy.

Key Takeaways:

[1:13] The Trump administration, leverage and cleaning out the gears of the machine that is the US economy.

[7:24] A grand bargain with Wall Street would mean revamping much of its incentive system.

[13:40] Draining the swamp is harder to do than it looks.

[13:23] What we should expect out of the economy and employment.

Website:

www.WilliamCohan.com

CI 84 – From a Casino Family to the Governor’s Mansion with Governor Robert Miller

Bob Miller might have started his career as a police officer, but he didn’t stop there. He worked his way up to become the longest serving governor in Nevada history, with a mindset of encouraging economic development through environmentally friendly tourism, specifically Las Vegas.

But Vegas wasn’t always in Bob’s future. Bob’s dad was a gaming pioneer, and he steered Bob away from the Vegas experience and pointed him in the direction of legal advocacy. After he graduated from law school and worked his way up to the governorship, Bob used his legal background to help Nevada transition Vegas into the powerhouse of entertainment that it is today.

Jason Hartman and Bob talk about Bob’s new book Son of a Gambling Man, and what Vegas was, what it is, and how the law impacted Bob’s entire life.

Key Takeaways:

[6:05] Where Bob sees Las Vegas, and the state of Nevada, headed

[11:02] When Vegas changed from a place with cheap food/transportation/hotel rooms to get you to come in and gamble, to a place where it’s expensive and has booming business outside of gambling

[16:03] Bob’s experience as a lawyer

Website:

www.RJMillerConsulting.com

CI 83 – Goodnight Obama and the Business Cycle with Dr Jerome Corsi

It might look like a children’s book, but Goodnight Obama is more than just that. It’s an important reminder that parody is critical in this day and age.

Dr Jerome Corsi is author of Goodnight Obama, and is also head of the Washington, DC News Bureau for Alex Jones and Infowars.com. The two discuss his newest book, as well as what Jerome is expecting out of President Trump, and where we are in the business cycle.

Key Takeaways:

[1:10] Why Jerome wrote Goodnight Obama

[6:41] Are Trump voters going to be pleasantly surprised when they realize what he’s doing in office?

[17:30] Trump’s version of “infrastructure spending” isn’t the usual stuff that liberals think

[21:46] According to the idea of business cycles we’re due for a recession. Is it going to hit Trump, will he avoid it, or is the idea of a business cycle outdated?

[24:23] The return of the USA to a carbon based economy

Websites:

www.WND.com

@Jerome_Corsi

www.GoodnightObama.com

CI 82 – Fighting Back Against the Big Banks to Improve Our Lending Environment with Jordan Goodman

Jordan Goodman,America’s Money Answers Man is back again to talk with Jason about what is going on in the financial world today. The two tackle subjects like higher interest rates, fighting the big banks, investing to protect yourself, and areas of the US that are still ripe for the picking.

Key Takeaways:

[1:00] Why rate hikes are good for banks, bad for consumers

[4:33] Why is there a disparity between higher rates on borrowing versus the rate on savings

[6:57] What SHOULD have happened in 2008 when the bailouts happened

[8:30] One way the ordinary person can fight back against the big banks

[12:20] The new way that things are changing for banks to harm consumers

[16:00] The kinds of projects Jordan does with his commercial investing funds

[18:03] Why oil and gas might be a good place to invest to protect yourself, if done properly

[22:00] What Jordan expects for the nation under Trump moving forward

[25:49] The “emerging market” of midwest USA

Website:

www.CommercialRealEstateIncomeFunds.com

www.MoneyAnswers.com

CI 81 – Does Apartment Investing Still Make Sense with Matt Slepin

The housing market is always on a pendulum, but where are we now? Self driving cars are going to be changing the dynamics of our society, but are they going to push more people into the city or have more people moving to the suburbs? Jason Hartman and Matt Slepin, President of Terra Search Partners, discuss what is going on in real estate today, and how our changing environment is impacting real estate in the future.

Key Takeaways:

[2:51] Where Matt thinks we are in the business cycle, and whether we’ve overbuilt apartments

[7:04] The issues going on in the retail and office investment markets, and why apartment investing makes more sense these days

[11:28] The rise of the autonomous vehicles and how they will change the real estate demand equation

[15:44] What does Urban Land Institute do and what issues are being discussed?

[19:37] What Matt has learned in his real estate podcast

[23:06] Two conflicting trends in property management

Website:

www.TerraSearchPartners.com

CI 80 – The Platinum Rule with Dr Tony Alessandra

Tony Alessandra, author of The Platinum RuleThe Platinum Rule is ready to take the place of the Golden Rule. Don’t do unto others as you would have them do unto you, do unto others as they’re like done unto them. The rule is key for Dr Tony Alessandra in his quest to help companies turn prospects into promoters. Tony was inducted into the NSA Speakers Hall of Fame in 1985, was selected as one of Speaker.com’s Top 5 Sales/Marketing/Customer Service Speakers from 2010-2014.

Tony and Jason Hartman break down how companies can use the Platinum Rule to better their business, and turn your clients into happy marketers who will help you out-market, out-sell, and out-service the competition.

Websites:

www.Alessandra.com

The Platinum Rule Book

www.AssessmentBusinessCenter.com

www.PlatinumRule.com