Fri, 22 June 2018
The worlds of cryptocurrencies and crowdfunding can work in harmony, but the world of the long term cryptocurrency lover and day traders may not be so harmonious.
Jason Hartman talks with David Drake, founder of LDJ Capital, about what's going on in the cryptocurrency world, regulations on the ICO market, and how currencies like Bitcoin might be incorporated into international currency baskets.
[3:33] What kind of regulations do ICOs have?
[8:13] Cryptocurrencies are now seeing two worlds collide: the old guard of people who are buying and holding versus the hedge funds coming in to trade and make money quickly
[12:12] G7 might put Bitcoin into their currency baskets because they're anti-inflationary
[15:07] Can cryptocurrencies overcome any potential opposition from governments and central banks?
Fri, 15 June 2018
There are new payment systems coming into play in the cryptocurrency world that are about to cause some big disruptions. Jason Hartman talks with Pavel Matveev, CEO of Wirex, about the new technologies, the main problem with cryptocurrencies, where Bitcoin is headed this year, and whether regulation in the crypto world will be a good or bad thing.
[2:39] The main problem with cryptocurrency right now
[5:17] Blockchain hasn't been designed to be scaleable and how that's being addressed
[9:25] What is Wirex?
[13:03] Pavel doesn't believe cryptocurrencies will replace fiat currency
[14:41] Bitcoin 50k in 2018?
[20:38] Who has to have a license to deal in cryptocurrency?
Fri, 8 June 2018
Jason Hartman talks with Chris Skinner, chairman at Financial Services Club, about how cryptocurrencies and blockchain are changing the banking industry, what changes are going to have the most impact in the coming years, if more regulation is needed, and how blockchain is actually used in commerce today.
Chris is an expert on financial markets and fintech. He is author of Digital Bank, ValueWeb, and Digital Human.
[1:08] Are big banks in trouble and at risk of going away at all?
[6:32] The challenge for financial institutions to deal with technology and change
[11:04] The most critical breakthrough coming in the next decade is a Digital Identity Scheme
[15:57] Do the big companies need to be regulated like utilities or be required to publish their algorithms?
[19:17] What's going on in cryptocurrencies today is equivalent to what happened with the World Wide Web in the 90s. We're trying to figure out which one will come out on top
[23:03] When will blockchain actually be used in commerce on a large scale
[29:02] How will the blockchain change how we love?
Fri, 1 June 2018
AMA 225 - Global Sports Financial Exchange and AllSportsMarket & Actor in A Christmas Story, Ed, Wild America, Almost Famous, Freddy vs. Jason's Zack Ward
Gambling has destroyed many lives, and it's something that actor Zack Ward thinks needs to be dealt with in our society. That's one of the reasons he's CEO of Global Sports Financial Exchange, the first investing platform for sports leagues, as well as determined to teach financial literacy.
Jason Hartman and Zack discuss how All Sports Market can help curb gambling by giving a new outlet more akin to the stock market, why they're trying to get more regulation, how they're using blockchain technology, and more.
[3:22] What's the difference between AllSports and gambling?
[6:43] Where is the All Sports Market going?
[7:38] Why All Sports is openingly welcoming regulation
[12:01] The unholy alliance between sports and gambling
[14:32] All Sports trading platform is based on blockchain technology
[17:50] Zack's mission to promote financial literacy, and how his company's learning center does that
Fri, 25 May 2018
There is a lot of talk in the news lately about a possible downturn in the US economy, yet Jason’s guest, Ali Wolf of Meyers Research is staying bullish. She says the important indicators to watch aren’t showing the normal warning signs of a market drop. Ali also discusses the trends of Millennials with regards to renting vs. buying a home, their purchasing cycles and what they are willing, and not willing, to pay for.
[01:03] Are we at the end of a business cycle?
[04:30] Ali uses the Quits ratio to judge the state of the economy.
[06:39] Three critical indicators to use as early warning signs to a possible market drop.
[09:29] Wiil Millennials be staying put and buying homes or are they the rental generation?
[16:33] Why modern, prefab homes may offer Millennials more amenities than space.
[27:34] Inventory of existing, resale housing is lower in every single market Zondo tracks.
Fri, 11 May 2018
Jason Hartman talks with Cullen Roche, founder of Pragmatic Capitalism, about macroeconomic events going on today, how Cullen studies the markets, why bonds are more attractive than many believe, and the investment strategy you have to adopt when investing in cryptocurrencies today. The two also take a look at the banking industry, money supply, and asset inflation.
[1:53] What does Pragmatic Capitalism really mean?
[10:26] The macro-economy still looks healthy
[13:40] Cullen looks at the economy like an engineer in order to try and understand what's going on
[17:18] Bonds are probably more attractive than most people believe
[20:10] Cryptocurrencies have become a "greater fool theory" investment
[24:32] Asset inflation is real and it's becoming harder and harder to get into the investor class
[28:50] The banking industry is what creates most of the money in our economy
[31:08] One of Cullen's outlandish theories
Fri, 4 May 2018
Jason Hartman talks with Harry Dent, author of the new book Zero Hour, about current demographic trends and what they means for our society (assuming fiscal and monetary policy doesn't go haywire), as well as how long technology takes to go mainstream and impact society, the impact of sunspots on our economy, environment, and psychology, why the new tax reform is the cure for the problem that doesn't exist, and more.
[1:55] What does Harry learn by looking at sunspots?
[6:10] There's both global warming and cooling going on right now thanks to sunspots
[8:08] Harry does NOT believe this is the time to be cutting taxes
[11:08] The greatest BS economic recovery in history
[14:12] How much does money trickle in this consumption driven economy that needs growth?
[17:05] Nobody takes downturns into consideration when planning the future
[20:39] When are we likely to see a spike in life expectancy?
[23:50] The wild card in predictions using demographics is the government's monetary & fiscalpolicy
[27:19] Why we're going to have a big revolution if things don't change
Fri, 27 April 2018
In this 10th Episode Jason Hartman talks with Vijay Eswaran, founder and Executive Chairman of QI and author of Two Minutes from the Abyss. The two discuss the importance of a sense of urgency, living in the moment, and why you need to look at the issues rather than the people trying to influence you.
[2:21] Why a sense of urgency is so crucial
[5:50] How the book got its name (and where Vijay got his sense of urgency)
[8:19] HOW do you start living in the moment and being appreciative
[11:06] How a misdiagnosis for one of Vijay's friends was one of the best things that happened to his life
[14:44] It's more important to listen to the issues rather than be influenced by personalities
Fri, 13 April 2018
Jason wraps up his interview with Macro Watch's Richard Duncan. The two tackle the topic of rising interest rates, better uses for going into further debt than giving it to tax reform, how the Fed will react to a tanking stock market, and what we can expect to see over the next few years.
[00:45] What people don't realize about interest rates
"People buy houses on a payment, not a price"
[1:56] What the Fed will do if the market drops 10% and what else will happen if it drops 20%
[5:15] What Richard wishes the government had done with the $1 trillion in new deficits that will occur from the new tax reform
[9:50] Why Richard thinks the government can invest as wisely as private companies
[14:16] What are the next few years going to look like?
[16:49] People need to get very familiar with quantitative tightening
Sat, 7 April 2018
Jason Hartman welcomes Richard Duncan back to the show to discuss what's going on with fiscal policy and interest rates right now. In the first half of the interview Richard talks about how the trade imbalance with China has enriched the nation and brought millions out of poverty, as well as how the general public has no idea how much the Fed is actually tightening, and how that will impact interest rates.
[2:45] Jason's theory on asset inflation and what it means if the millennials don't join the investor class like the baby boomers did
[5:22] Why the future from an Asian perspective is much brighter than from a US perspective
[7:31] Who's gotten the better end of the China/US trade imbalance?
[13:08] Richard believes the Fed is tightening more than people are understanding
[17:17] The Fed has been destroying at least $10 billion a month since October 2017 and it's going to get bigger
[19:52] The Fed will have destroyed $1 trillion by the end of 2019 if they follow through on their announced plan
[22:01] Is the Fed likely to make a course correction if rates go too high?