Fri, 11 January 2019
Jason Hartman talks with Parag Khanna, author of The Future is Asian and founder of FutureMap, about what's really going on in regards to the trade war and its impact on Asia (which doesn't just mean China). The two discuss the role of technology in killing jobs around the world and Asia's impact on global consumption growth.
[1:07] What is Connectography?
[5:59] The premise of The Future Is Asian
[9:09] Parag can tell you who's going to win a trade war with China
[11:03] Technology is killing jobs a lot faster than trade is
[15:33] Most of the consumption growth is coming from Asia
[19:24] International competition is getting bigger and bigger, making any missteps even costlier
[25:23] Companies are shifting entire operations overseas to take advantage of those markets, but that's not necessarily a bad thing for America
Fri, 4 January 2019
Jason Hartman talks with Matt Taibbi, contributing editor at Rolling Stone and author of books such as Griftopia and The Divide, about bubbles. The two explore how Fed policy has been leading to bubbles throughout the years, how Wall Street is designed to take advantage of the average citizen and what we can learn from the history of bubbles.
[2:47] There's a pretty decent path from Fed policy to bubbles
[7:17] How the Great Recession came into being
[11:53] Institutions have learned how to create a bubble to profit from, but then also be prepared to make money when their own bubble bursts
[16:00] As long as trades are occuring Wall Street is making money
[17:50] How investment bankers are auctioning off America's infrastructure
[22:30] What is the investor's lesson from the bubble machine?
Fri, 28 December 2018
Jason Hartman talks with Steven Blue, author of Metamorphosis, about changing your business in today's economic environment. Steven explains what's happening in the Rust Belt, the impact tariffs are having, and the state of manufacturing in the United States.
[1:48] What's going on in the Rust Belt?
[4:27] Even with even tariffs, the circumstances each country allows their companies to have makes trade unequal
[9:20] The mainstay of the US is still manufacturing, but it's eroding because of fat, happy CEOs
[16:21] Can the "Rust Belt businesses" play the same game as the high tech companies?
[19:12] A quick tip on company culture: have a Cirque du Soleil culture
[22:58] The new way of going to trade shows
Sat, 22 December 2018
Jason Hartman talks with Steven Landsburg, Professor of Economics at Rochester and author of Can You Outsmart an Economist, about the big economic questions of the day. Steven explains why central planning will never work, the "Economic Berlin Wall" Jason proposes, and why more sex is safer sex (and how that applies to economics).
[5:25] It's virtually impossible for central planners to get economic issues right
[9:55] How minimum wage is taken care of by the Earned Income Tax Credit
[13:14] The "Economic Berlin Wall" in today's society
[22:55] Using economics when considering the world's population
Fri, 14 December 2018
In this off topic 10th show, Jason Hartman talks with Jeffrey Gitomer, New York Times Best Selling Author of The Little Red Book of Selling and Truthful Living: The First Writings of Napoleon Hill, about some of the great mentors that the two have had in their lives which include Napoleon Hill and Earl Nightingale. They look at what history can teach us, the right way to approach sales, and the challenges we have to face to do the right thing in today's world.
[5:56] The challenge to do the right thing in our society has never been at a higher level than it is today
[10:38] The 5 point rule
[15:59] The 7 Success Rules
[19:53] If you have the right service and attitude heart, sales will be easy
[26:06] If you want to learn something new, read a book that's 60 years old
Fri, 23 November 2018
Jason Hartman talks with Venture Alliance member Mike Zlotnik about cap rates in today's interest rate environment. Mike explains what happens to cap rates (and commercial real estate investing as a whole) when interest rates start rising. After years of artificially low interest rates, we're starting to see rates finally rise, so strap in and learn how to navigate the waters and get some real life numbers of the true impact.
[1:52] We are definitely in the period of abnormally low interest rates, and the Fed is raising them at a pretty rapid pace
[5:03] We've been spoiled by artificially low interest rates
[7:52] The inverse relationship between cap rates and prices
[12:28] A real life example of the impact of higher interest rates
[16:27] We live in a world where the Federal Reserve and the Treasury don't have to make sense
[21:43] Can the US government afford high interest rates?
[25:59] Why are rates going higher?
[28:58] How to prepare for higher rates
Fri, 16 November 2018
Jason Hartman plays some of his segment from the latest Cash Flow Wealth Summit where he talks about the 6 ways the US government can solve their $220 trillion obligation and which one we can take the most advantage of as investors.
[2:57] The difference between money and currency
[5:50] The 3 basic economic maladies
[8:01] The entitlement society isn't going to change, so align your interests
[9:45] We must understand the motivations of governments and central banks
[11:43] The 6 ways the government can deal with the looming entitlement bill
[19:23] The most likely solution the government will choose
[23:02] Inflation is the most powerful method of wealth redistribution from lenders to borrowers, old to young
Mon, 12 November 2018
Jason Hartman talks with Ross Baird, President at Village Capital Group and author of The Innovation Blind Spot, about where all the startup money is going these days. Venture capital is flowing to tech and everyone's trying to hit a home run, not a bunch of singles. Ross discusses the danger of our current "winner take all" mentality, some options for what to do with the big companies like Google and Facebook, and why sometimes looking in your back yard for an investment is the way to go.
[2:48] Where is all the startup money going?
[5:57] Most people in positions of power and influence are unintentionally leaving out entire swaths of the population
[8:47] We're living in a "winner take all" type society right now
[11:18] The 3 options for what needs to happen to these big public companies
[15:04] You don't always have to look for the next big thing, sometimes you just have to look at what's going on right around your home town
[19:06] Everyone goes for location in real estate, but the better yield is in the non-trophy property
Fri, 2 November 2018
Jason Hartman takes today's episode to look at inflation, the trade war, and how the economy lags behind things like these. To help him with that dissection he brings in one of the new additions to his team, in house economist Thomas. Thomas helps Jason decipher his charts that show how the home sales change along with inflation and mortgage rates. All of these things add up to important tools you can use as you prepare your portfolio for the next recession we all know is going to show up sooner rather than later.
[1:40] What you see when you compare the 30 year mortgage rate to existing home sales
[6:02] Inflation has been announced as mild recently, but how does it impact the economy and attitudes in general?
[7:37] What does the trade war mean for inflation?
Fri, 26 October 2018
Jason Hartman talks with Matthew Gardner, Chief Economist at Windermere Real Estate. The two discuss what's going on in the macro US economy, what's going on with home inventory levels, some of the easiest ways to lower home prices, and the Millennial's (mostly futile) quest to save up for a down payment and more.
[1:34] What's Matthew's take on what's going on in the macroeconomy
[4:22] What's going on with new home development? Will there be any break in inventory shortgage?
[8:35] The easiest way to lower home costs and ease the inventory crisis is by easing regulatory burdens
[12:10] Millenials are having a hard time saving up for a down payment and are asking for a loan from the bank of Mom & Dad
[14:56] Milennials want to live in the "exurbs" in townhomes, but home prices are pushing them out further
[17:21] It's taking a credit score of 740 to get a mortgage loan these days, but even if more people become eligible there's no inventory
[20:32] Factors that could trigger the next business cycle recession and what the next recession might look like
[24:50] Who are the "Boomerang Buyers" and how might they impact the single family rental rate growth?