| Jason Burack of Wall St for Main St interviewed returning guest, Editor & Publisher of the Gloom Boom & Doom Report https://www.gloomboomdoom.com/, Dr. Marc Faber.
During this 25+ minute interview, Jason asks Marc if he thinks the Federal Reserve will increase interest rates 2-3 times more in 2017? Marc thinks the Fed will only raise rates once more in 2017 before the next global financial crisis. He thinks the Federal Reserve will reverse course, start lowering interest rates again and do a large QE program. Marc thinks global central bankers are routinely coordinating monetary and interest rate policy as well as exchange rates with each other to prevent a “colossal debt bubble” from bursting. Jason and Marc also discuss whether the Fed can hurt Trump’s spending programs. Marc thinks Trump will need the Fed’s help to fund his spending programs. Jason and Marc also discuss current stock market valuations compared to past stock market crashes, whether China will need to devalue the RMB another 20-30% like Kyle Bass predicts, whether bonds are now in a bear market, how people should be diversified, and how President Trump will pay for all of his spending programs. Please visit the Wall St for Main St website here: http://www.wallstformainst.com/ Commit to tipping us monthly for our hard work creating high level, thought proving content about investing and the economy https://www.patreon.com/wallstformainst Also, please take 5 minutes to leave us a good iTunes review here! We have 33 5 star iTunes reviews and we need to get to our goal of 100 5 star iTunes reviews asap! https://itunes.apple.com/us/podcast/wall-street-for-main-street/id506204437 If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website. Wall St for Main St is also available for personalized investor education and consulting! Please email us to learn more about it! If you want to reach us, please email us at: [email protected] |
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