Fri, 15 February 2019
Jason Hartman talks with Dr. David Collum, Professor at Cornell University, about what all happened in 2018 and what we can expect in 2019. Jason and David discuss the skewed nature of CPI numbers, why institutional investors were able to get in to the housing market and what could cause them to get out, the impact of the Federal government potentially bailing out states and more.
[3:03] What happened in 2018, economically speaking?
[7:35] CPI numbers started getting skewed in the 1970s
[11:00] The MIT Billion Price Project
[14:38] Is there any gain from stock buybacks?
[18:20] Ultra low rates allowed institutional investors to come in to the single family housing market
[22:40] People that criticize religion never ask the right question
[24:55] How the next unwinding will happen
Fri, 8 February 2019
Jason Hartman talks to his in-house economist Thomas about the World Economic Forum in Davos and what came out of it. Thomas gives his predictions for the next 2-3 years, why some looming deflation might be a good thing, and whether we're in a 4th leg of the Industrial Revolution.
[2:07] Thomas sees some deflation coming up and doesn't think it'll be that bad
[6:09] Price discovery happens once we've put all the unused assets to work
[9:42] As long as GDP growth + Inflation is higher than the 10 year note, the economy is okay
[17:37] Are the next 5 years going to give us good or are they bringing bad?
[18:46] We're in the midst of the 4th industrial revolution and things are good
Fri, 1 February 2019
AMA 256: Optimistic Predictions & the US' Hottest Coming Sector for the Next 15 Years with Harry Dent
Jason Hartman talks with Harry Dent, author of Zero Hour, about Harry's optimism about our economy, the impact the high end real estate softening is going to have on all of the housing sector, why demographics are NOT looking good for China and other Asian countries, and more.
[00:57] Why is Harry more optimistic about our future than usual?
[3:15] People in San Francisco hate big tech companies like Google because they're driving up costs beyond reason
[5:31] The high end housing market is already softening, but how far down will the slowdown trickle?
[13:28] China's demographics have them looking straight into a disaster
[18:11] The hottest coming sector for the next 10-15 years in the US
[20:58] There are 2 waves of Millennials and the 2nd hasn't entered the workforce yet
Fri, 25 January 2019
Jason Hartman talks with Nobu Su, chairman of the shipping company Today Makes Tomorrow and author of The Gold Man From the East. Back in the 2008 financial crisis, Nobu's company was a $5 million victim of Western bankers. Nobu is now fighting back, suing the institutions that took his money and trying to tell his story so others don't suffer the same fate.
[1:22] What's the status of Su's lawsuit against JP Morgan?
[9:05] How long can our country keep going like we are?
[11:10] What is Nobu Store?
[14:59] The history of Nobu's career
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?