Mon, 8 July 2019
Jason Hartman talks with Doug about short-term debt cycles and what's going on with our economic expansion that's been happening for years. It's been going on for a long time, and at some point it's going to turn, so how do we recognize it?
[3:49] The Wealth Effect in a booming economy
[6:23] What precipitates the turn of the economy?
[12:45] The principles that drive the stock market are the same ones that drive real estate
[16:19] Can GDP growth and stock market growth have diverging rates of growth for extended periods?
[21:36] The primary reason this economic expansion has gone on so long is that it hasn't been inflationary
[27:56] The looming pension crisis