Fri, 29 May 2020
James Altucher joins Jason to share his viewpoints on the economy, stocks, and more specifically the stimulus. As well, listen to the seriousness of this pandemic from a New Yorker’s perspective, and what it’s like managing life in the most challenging U.S. coronavirus area. James also discusses his moves in the stock market, and why he favors certain positions. As well, this pandemic will accelerate our development with technology and how we perceive colleges vs certificates. Key Takeaways: Guest: James Altucher [2:30] The New York and New Jersey Coronavirus perspective vs the rest of the nation. [5:30] “The earlier models were wrong” [10:10] “As long as you keep seeing insanity happen, those are all canaries in the coal mine.” -Altucher [11:00] We know that the economy is going to wake up, we just don’t know when and how. [12:40] Understanding why we should prep for supply shock. [14:15] The GDP of a year is about 20 trillion dollars, 5 trillion per quarter. There is an expectation that 2 to 3 trillion will be withdrawn from the economy this quarter. [18:30] Is this stimulus enough, are the right people getting it? [20:10] We, the proverbial We, all live better now than the richest people of the past. [28:39] Don’t buy SPY “the spider”, go with RVT instead. Royce Value Trust Inc [29:20] Anything that was going to happen in ten years, will happen tomorrow [31:00] Altucher shares his preferences on stocks based on some forced trends bound to happen in the next ten years. [35:45] Florida has “luxury weather.” [39:30] 40 alternatives to college, with James Altucher. Websites: 1-800-HARTMAN Jason Hartman University Membership |
Wed, 27 May 2020
Jason Hartman discusses the impact that the spike in unemployment will have on mortgage delinquencies and how one feels personally about job security. Real estate listings are at a staggering low, what does this mean? Hope Jahren is today’s guest, and she is here to discuss her book, The Story of More, and how the Earth feels about the mess that we’ve made. Hope shares her thoughts on consumption trends and the overuse of a lot of products. How can we fix this? Decisions about small things can work exponentially. Key Takeaways: [2:30] Expectations of losing a job or leaving voluntarily. [5:00] Real estate listings have declined by 70%. [11:15] The spike in unemployment is signaling a potential increase in mortgage delinquencies. [15:00] Hope Jahren [16:00] What’s going on in Norway with the Coronavirus pandemic? [17:45] Using smog levels as an indicator of how active the economy is. [24:00] We overuse a lot of products, but are we using less of anything? [29:00] The little changes we can make as individuals that work for the greater good. [33:00] Our meat consumption is way over what’s needed. Websites: Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN |
Fri, 22 May 2020
Ellen Brown is today’s guest here to discuss Universal Basic Income, UBI. As well, she shares some interesting details about what happens to the money when a debt is paid. How did China increase its money supply by such a large percentage in two decades? Key Takeaways: Guest: Ellen Brown, author of over a dozen books including, The Public Bank Solution, From Austerity to Prosperity [2:30] What is a postal account? [10:45] What is the end game of money spending? [12:10] Money is lent into existence. Banks create the principal but they don’t create the interest, so debt always grows faster than the money supply. [15:00] The real economy is always short of money because there’s a hole in the bucket that always drains into the financial economy. [16:00] What is the financialized economy? [20:20] Debt grows until it gets so high that people can’t borrow anymore, so they pay down their debts instead of taking out new debts. That shrinks the money supply. That goes into deflation which goes into depression. [22:30] Money evaporates when it pays off the debt. [26:30] All of our money is credit. China increased its money supply by 1800% in twenty years, and they did not run into hyperinflation. Find out more. Websites: 1-800-HARTMAN Jason Hartman University Membership |
Wed, 20 May 2020
Doug Casey, author of Crisis Investing: Opportunities and Profits in the Coming Great Depression, joins Jason to discuss the biggest hysteria since the Salem Witch Trials. Casey shares his opinion on The Great Recession and the role it might play in the potential Greater Depression. Learn why Casey advises one to invest in mining, and his feelings on bonds, stocks, cash, gold, and cryptocurrency in comparison. Key Takeaways: [1:20] “The biggest hysteria since the Salem Witch Trials” - Casey [4:45] Casey presupposes that the worst of the 2008 recession is yet to come, and that for the last 8-10 years, we have been in the calm, the eye, of the storm. [6:30] “This could be more than a financial meltdown. Possibly an economic and social meltdown as well.” [7:00] The U.S. is no longer a country, but more-so a multi-dimensional, domestic, empire. [9:20] Bonds are a triple threat, about the worst place for your money at this time. [11:30] Bonds, stocks, cash, gold, cryptocurrency? [15:15] Have we entered the greater depression? This could potentially be the biggest upset since the industrial revolution. [20:50] Surviving a depression, the most important thing is to have assets where there is no counter-party risk. Something in which you don’t have to trust a bank, insurance company, or your pension fund. [23:30] Having fun, what about mining the asteroids? Websites: 1-800-HARTMAN Jason Hartman University Membership
Direct download: HS_1451_Doug_Casey_The_Person_Who_Loses_the_Least_Wins.mp3
Category:general -- posted at: 9:00pm EDT |
Fri, 15 May 2020
Today, Jason Hartman discusses the Phillips curve and its relevance to our current economic situation. While we are all challenged in ways to adapt to our shelter-in-place advising, several benefits are being popularized out of necessity. Telemedicine, or telehealth, is growing rapidly, and not just for humans. Veterinary practices are using telemedicine for your pet's health as well. Steve Hochberg returns to elaborate on the Elliott Wave. How do we know when we have too much debt, the U.S., or the individual? Key Takeaways: [1:00] Is Kim Jong-Un alive? [5:30] Telemedicine, we’re finally there [8:00] The Phillips curve [14:00] Monetary policy comes from central banks, and fiscal policy comes from the government Guest: Steve Hochberg [22:00] Everything the Fed has said they’re going to do has been backed by the Treasury. The treasury has pledged to cover any losses that the Fed is going to incur through their lending programs, and this can’t go on forever [24:00] How do we know when we have too much debt? [28:30] “I think there’s a huge bull market starting right now, and it’s the bull-market in cash” -Hochberg Websites: www.elliottwave.com Jason Hartman University Membership 1-800-HARTMAN Jason Hartman PropertyCast (Libsyn)
Direct download: HS_547_1448_Phillips_Curve_Elliot_Wave_Steve_Hochberg.mp3
Category:general -- posted at: 9:00pm EDT |
Fri, 1 May 2020
Jason Hartman shares sound advice on the top four reasons that a company fails. Steve Hochberg joins Jason to break down the methods of the Elliott Wave Principle. Listen to how the Elliott Wave Principle used collective investor psychology to predict 2020 stock market trends, without the influence of Coronavirus, as early as late 2019. Will we continue to see the stability of linear markets vs the volatility of cyclical markets, post-pandemic? Do recessions cause cautious businessmen or do cautious businessmen cause recessions? Key Takeaways: [2:30] From a discussion: the four primary reasons a company fails [4:00] Number one, FEAR - Faults, education, appearing, real [5:15] Number two, mindset [9:00] Number three, lack of connections [11:30] Number four, Lacking systems and process [15:20] What is going on in the financial world? [17:00] Unfolding the Elliott Wave Principle [18:20] “Late 2019, the U.S. economy had some very strong economic numbers, the social mood was very elevated, but there were some underlying problems going on” [19:20] The yield curve: the three month U.S. Treasury bill yield minus the ten year U.S. Treasury note, had inverted, which was a key indicator in the last months of 2019. [23:00] Cyclical vs linear markets, post-pandemic [28:00] Do recessions cause cautious businessmen or do cautious businessmen cause recessions? [30:00] An Elliot Wave is a hierarchical fractal, it has self-similar patterns at all degrees of the scale [30:45] Why do you prefer the DOW over the S&P? Websites: www.elliottwave.com Jason Hartman University Membership 1-800-HARTMAN Jason Hartman PropertyCast (Libsyn)
Direct download: HS_1447_Phillips_Curve_Elliot_Wave_Steve_Hochberg.mp3
Category:general -- posted at: 12:00pm EDT |
