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Wall St For Main St

Wall St for Main St is a start up investor education, financial education, research and consulting company. We provide alternative financial information, research, education and consulting to Main Street investors using uncommon wisdom like the Austrian School of Economics. Our goal is teaching people how to fish for themselves instead of trusting their financial adviser for everything. We interview top investors, traders, money managers, financial commentators, economic experts, authors, CEOs and newsletter writers from around the world to discuss the latest events in the global economy and financial markets.
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Now displaying: Category: the market
Jan 29, 2017
Dr. Elaina George: Why The Healthcare Industry Need More Competition

Wall St for Main St podcast is sponsored by Sandstorm Gold. To learn more about Sandstorm Gold, go to www.sandstormgold.com/invest.

Wall St for Main St welcome Dr. Elaina George to the show. She is a Ear, Nose and Throat (ENT) Specialist, free market advocate for free market based healthcare and the author of Big Medicine.

To check out Dr. George work and to purchase her book, go to http://drelainageorge.com/

What did we discussed?

1. How Obamacare hurt the doctors and patients with limited competition, bureaucracy and massive regulations.

2.  Why Obamacare has designed to fail from the beginning.

3. How more competition and choices will help both the doctors and patients.

4. Thoughts on Rand Paul's plan to replace Obamacare.

5. Does the FDA protect consumer in the name of safety or is it an innovation killer and a barrier to entry?

Jun 26, 2016
Eric Hadik: Look For A Surge In Precious Metals Prices In Late 2016

Wall St for Main St welcome technical and cycle analyst Eric Hadik. He is the editor of the Inside Track and 40 Years Cycle.

To find out more about Eric's work, go to www.insiidetrack.com or 40yearscycle.com

In this podcast, we did an introduction into Eric's unique approach to trading by using a combination of technical analysis and analysis of cycles that has occurred with the economy, geopolitics and other factors. Then we discussed the gold and silver market and why Eric believe 2016 is the golden year for both metals. We also discussed the Brexit and how it will impact the British Pound and their economy. Plus much more!

May 28, 2016
James O'Shaughnessy: Long Duration Bond Holders In Trouble if Federal Reserve Raises Interest Rates

Jason Burack of Wall St for Main St interviewed first time guest, pioneer of quantitative equity analysis for stocks, author of multiple best selling investing books and CEO of O'Shaughnessy Asset Management http://www.osam.com/, James O'Shaughnessy. James' firm has over $5 billion assets under management.

His full bio is here: https://en.wikipedia.org/wiki/James...

James' books can be purchased here: http://www.amazon.com/James...

Definition of Quantitative Analysis: http://www.investopedia.com/terms/q...

During this 30+ minute interview, Jason starts off by asking Jim about his background and how he became interested in investing and finance?

Jim talks about how his father and his father's friends would sit around discussing the management teams of companies they were investing in and considering investing in. James always thought these were the wrong way to invest so he started researching the 30 DOW stocks at his local library in Minnesota as a teenager. When he got to collect computers were becoming far more powerful and useful so he was able to to research using computers and go through a lot more data to find good stocks to invest in.

Jim talks about the types of fundamentals his quant research finds and how the best companies to invest in possess certain types of fundamentals.

James talks about how people, including financial professional, destroy their own investing returns by relying on their emotions like fear, greed and hope to make irrational decisions.

Jason then asks Jim about how his investing methodology differs from conventional value investors like David Einhorn or Bill Ackman and if legendary value investor Benjamin Graham was a quant?

James talks about how all the best long term value investors are all very disciplined, can control their emotions and have an extensive checklist of items they need to see in a company before they invest.

Next, Jason asks Jim why most investors and money managers underperform in markets?

Jim talks about how investors often miss key data or rely on certain data way too much in addition to not controlling their emotions.

Next, Jason asks Jim if the current environment for stocks is different than past bull markets or bear markets he has experienced?

To wrap up the interview, Jason asks Jim about shorting the stock market and being long gold like George Soros, Carl Icahn, Stanley Druckenmiller and Paul Singer? Also, if he was re-writing his contrarian investment book in 2016 instead of 2006 what investments would be good ones for contrarians now?

May 22, 2016
Mish Shedlock: Central Bankers Don't Know What They're Doing!

Jason Burack of Wall St for Main St had on returning guest, registered investment adviser (RIA) and popular economic blogger, Mike "Mish" Shedlock www.mishtalk.com. Mish has been blogging about the economy since 2003 and has one of the most popular economics blogs on the internet.

During this 30+ minute interview, Jason asks Mish about the fluctuations and volatility in currency markets and how that is affecting asset prices?

Mish thinks countries and their central banks are not colluding/manipulating currency exchange rates to take turns devaluing their currencies and that it's basically every man for himself. Mish thinks this has led to many asset bubbles over the years.

Mish talks about how well the gold stocks have done in 2016. Mish expects a 20-25%pullback in gold stocks sometime in the near future but that he would be adding to positions on that dip.

Mish thinks the global economy is collapsing and that things are dire in Japan, China and Europe.

Jason and Mish discuss the rally in oil and oil stocks and also Japan's failures of fighting deflation.

Mish says there's nothing wrong with deflation.

To end the interview, Jason asks Mish where he sees value in any markets and also his thoughts on the 2016 Presidential Election? Mish thinks Donald Trump will win the election but the tariffs on China and other imported goods that Trump is proposing could be dire for the US economy.

Mar 27, 2016
Tuur Demeester: Why Goldbugs Should Own Some Bitcoin

Jason Burack of Wall St for Main St interviewed returning guest, Austrian School Economist, author and investor, Tuur Demeester. His articles are posted on his Twitter handle @Tuurdemeester and he writes for popular Bitcoin and block chain websites.

Tuur Demeester is an independent investor and commentator. He has a background in Austrian economics, the school that specializes in the study of boom-and-bust cycles in the economy. He first discovered Bitcoin on a research trip in Argentina, and started recommending it as an investment at $5 in January 2012.

During this 30+ minute interview, Jason asks Tuur about the state of the global economy. Tuur grew up in Europe, moved to the US and then moved to Latin America. He says emerging markets are used to problems and difficulties more than Americans are and that they are more resilient and more likely to adapt.

Tuur says Bitcoin has dynamic growth in many African countries right now and that Bitcoin will help protect citizens of countries like China from devaluations.

Jason asks Tuur questions about where the $300+ million invested in the Bitcoin and block chain industry went?

Tuur says most of the money went into infrastructure.

Tuur says technologies can always be used for bad things or weaponized by governments or another group and central banks and governments talking about their own private digital currencies and block chains fit into that idea.

Tuur thinks the current large hashing problems with Bitcoin will be solved in different parts and that competing digital currencies like Etherium don't have a large enough network effect.

To wrap up the interview, Tuur says people will need to be more entrepreneurial and open up an online business

Sep 23, 2015
Welcome to Dystopia Episode 8: Currency Wars w/ More Bombs Still to Fall!

Jason Burack of Wall St for Main St and independent financial journalist and managing editor of The News Doctors http://thenewsdoctors.com/, Eric Dubin are back for Episode #8 of Welcome to Dystopia!

During today's episode, Jason and Eric discuss whether the Federal Reserve will raise interest rates (they didn't) but the odds were low they would.

Jason and Eric talk about the empty promise the G20 just pledged to not engage in another currency warhttp://blogs.reuters.com/breakingview...

Next, Jason and Eric discuss Brazil and emerging markets and how their currencies and economies are in free fall because of US Dollar denominated debt and falling oil and base metal prices.

After this, Jason and Eric discuss China dumping US Treasuries so quickly and what this means.

Jason and Eric discuss the 200+:1 paper to metal ratio on the COMEX and what that means.

After that, they discuss how dire things really are for the gold and silver miners.

To wrap up the show, Jason and Eric talk about this week's Scumbags of the Week Nominees.

This week's nominees are:

1) Venezuelan government for arresting someone for speaking out about the corruption and stupidity in their government and for Venezuelan citizens having to smuggle powdered milk into the country

2) The Malaysian prime minister for having $700 million of public money now in his personal accounts

3) US Government for even considering using Al Quaeda to fight ISIS/ISIL

4) The nanny state of Maryland and local government in Maryland for charging a teenage boy with a 2nd degree assault charge for kissing a teenage girl at school https://reason.com/blog/2015/09/11/te...

Aug 22, 2015
Michael Lebowitz: Has the Devaluation Carousel Come Off its Tracks?

Jason Burack of Wall St for Main St had on first time guest, the founder and managing partner of 720 Global http://www.720global.com/, Michael Lebowitz, CFA. (Chartered Financial Analyst) 

Michael's articles appear on Zero Hedge and he has previously worked in the financial industry trading bonds and derivatives at Fannie Mae for 15 years including during the 2008 financial crisis and he also ran a very successful investment firm for 8 years. 

During this 30+ minute interview, Jason asks Michael about his recent articles that have appeared on Zero Hedge about share buybacks. Michael calls them fraudulent. 

Jason and Michael discuss all the misallocations of capital in the economy. 

Jason and Michael have a long discussion about the current macroeconomic situation, deflation, inflation and currency wars. 

Michael is more of a deflationist right now although Jason got him to admit his bills are rising on many everyday items along with his property taxes. 

To wrap up the interview, Jason asks Michael would investors should be doing right now to protect themselves?

Aug 15, 2015
Dan Collins: Financial Repression Is Coming In China

Wall St for Main St interviewed Dan Collins, the Editor of The China Money Report. There are a lot of current events occurring in China, so we wanted you to have insights and analysis from Dan, who lives in China. In this podcast, we discussed the Yuan devaluation, currency wars, financial repression, China stock market meltdown, gold demand in China and much more! 

Jul 23, 2015
Fabian Calvo: Crony Capitalists Are Ruining The Economy

Wall St for Main St welcome back Fabian Calvo, who is an entrepreneur and founder of Fabian4Liberty. In this podcast, we discussed the recent crash in the gold prices and the causes, the Greece debt crisis, the China stock market and much more!

Jul 10, 2015
Jim Bruce: Money For Nothing (Inside The Federal Reserve)

Be sure to check out our other podcasts at www.wallstformainst.com

Wall St for Main St welcome Jim Bruce, who is the Writer/Producer/Director of Money For Nothing: Inside The Federal Reserve. In this podcast, we talked about Jim's recent documentary about the Federal Reserve and how their bad monetary policies created a lot of unintended consequences in the economy. We also talked about his experience interacting with the Fed members and what surprised him the most about them. Plus much more!

To buy the movie, go to http://moneyfornothingthemovie.org/ and enter the code MAINSTREET for a discount!

 

 

Jun 26, 2015
Andrew Henderson: Why The American Dream is Dead

Wall St for Main St welcomed back Andrew Henderson, he is the Founder of Nomad Capitalist! In this podcast, we discussed why Andrew gave up his multimillion dollar business and moved abroad to start Nomad Capitalist. We also discussed how the U.S. is deteriorating economically and socially. Andrew will share his advice for people that want to live abroad as well. Plus much more! 

Jun 24, 2015
Welcome to Dystopia Episode 3: Rise of the Robots & Automation

In this episode, Jason and Eric go in depth about robotics and automation and Martin Ford's new book on the subject, Rise of the Robots is talked about extensively. The book, Rise of the Robots, may be purchased here: http://www.amazon.com/Rise-Robots-Tec... or on audio book on Audible. 

Additional references about automation and robotics used or talked about in this podcast include: 

https://www.foreignaffairs.com/issues...

http://www.oxfordmartin.ox.ac.uk/down...

http://www.forbes.com/sites/timworsta...

http://forwardthinking.pcmag.com/none...

Many more academic white papers available on the subject, just Google " jobs lost to robots statistics."

Also, take a look at the short You Tube documentary on robots and automation, Humans Need Not Apply. 

Jason and Eric extensively discuss robotics, why robots are improving so quickly now compared to decades past, what industries they might disrupt first and how to protect yourself from losing your income to automation and robotics.

If you have additional ideas for show topics, comments or want to nominate a politician, bureaucrat or government agent for Scumbag of the Week Award, please use #welcometodystopia to get a hold of us on Twitter. 

Welcome to Dystopia logo contest is still ongoing. 

Article from this week's scumbag of the week award referencing training in China for handling corruption scandals: http://www.ibtimes.com/chinese-tycoon...

Jun 20, 2015
Ed Butowsky: Double Digit Annual Inflation In Many US Cities

Jason Burack of Wall St for Main St had on first time guest, money manager and financial expert Ed Butowsky. Ed's full extensive and impressive bio can be found here: http://www.edbutowsky.com/

Ed has 25 years of experience working in the financial industry and he created the Chapwood Inflation Index http://www.chapwoodindex.com/ to better accurately measure inflation in the US compared to the Bureau of Labor Statistics' Consumer Price Index (CPI). 

During this 20+ minute interview, Jason asks Ed about the problems with the CPI and why it no longer measures inflation accurately. 

Ed talks about all the games with the inflation formula, substitution, hedonics, geometric weighting, and not counting the basic Core items we need to survive like food, etc in the index. 

Jason then asks Ed for the methodology how he calculates his Chapwood Inflation Index. 

Jason asks Ed if he views the real economy as stuck in a worsening stagflation? 

Ed thinks we have entered a new type of stagflation that will get much worse going forward. He says the real economy is bad. 

To wrap up the interview, Jason asks Ed about financial education among professional athletes and about why professional athletes go bankrupt despite their very high incomes?

Jason and Ed also discuss about beating inflation with your investments. 

Jun 1, 2015
Erik Voorhees: Bitcoin Can Help A Lot With Cyber Security

Jason Burack of Wall St for Main St had on first time guest, Butcoin entrepreneur and investor, Erik Voorhees @ErikVoorhees http://moneyandstate.com/

Erik is currently CEO of ShapeShift.io and has ran or worked at other Bitcoin and block chain companies. Erik is also a Libertarian. 

During this 25+ minute conversation, Jason asks Eric how he became a Libertarian. 

Erik says he slowly noticed all the laws government was making about what people can and can't do and he became fed up. 

Jason then asks Erik how he found Bitcoin initially?

Erik found Bitcoin and learned all he can about the technology. Despite not being a computer programmer or coder, Erik was able to find jobs and management positions at Bitcoin companies because he excelled at marketing. 

Jason then asks Erik many questions about Bitcoin like what industries can the block chain technology disrupt, can governments kill Bitcoin, are regulators in the US already over-regulating Bitcoin and is he worried that Wall St and Silicon Valley are now both embracing Bitcoin?

Jason and Erik discuss the differences between Bitcoin and gold and whether they compete or compliment each other?

To wrap up the interview, Jason asks Erik about his entrepreneurial success and what skills he thinks entrepreneurs need to achieve success. 

May 26, 2015
Episode 1: Name This Podcast!

Jason Burack and Eric Dubin are launching a new podcast they plan to do 1-2 times per week! Please help name the podcast and you could win 1 Silver Eagle for helping us out! 

This podcast will cover interesting news and market topics that we view as important that the mainstream media is either not covering at all, not covering accurately, or is misleading the public about. 

This week's episode Jason and Eric discuss:
1) Precious Metals Market Update

2) China QE/ China's RMB being added into the SDR/ China updating its official gold reserves

3) Greece Leaving the Euro

4) Analysis of the Oil Market

5) All the news items involving hacking and cyber security

Apr 23, 2015
Joe Meyer: Investors Should Be Wary As The Market Soars

If you subscribe with Joe's newsletter now and you will get the 2014 year end edition as a bonus. http://straightmoneyanalysis.com/

Wall St for Main St interviewed Joe Meyer, who is a former Money Manager and the Editor of The Straight Money Analysis. In this podcast, we discussed the change in the culture in Wall Street from the 1970s to today and how it has affected the market. Also, we talked about the potential exit of Greece from the Euro,the overvalued stock market and how investors can take caution. Plus much more!

Apr 20, 2015
Dave Skarica: Dangerous Financial Engineering Everywhere

Jason Burack of Wall st for Main St had on returning guest, hedge fund manager, author and newsletter writer of Addicted to Profits http://addictedtoprofits.net/, Dave Skarica. 

Dave's newest book out is, Collapse! How the Federal Reserve Created Another Stock Market Bubble And Why It Will Collapse. 

During this 50+ minute discussion, Jason asks Dave about his newest book, Collapse, and why the stock market hasn't collapsed yet? 

Dave talks about flight capital leaving other countries to come into the US and how central bankers are helping prop up asset markets. Dave doesn't think this is sustainable and that the US stock market is long overdue for a nasty and deep correction in the near future. 

After this massive correction or crash, Dave thinks the Federal Reserve instead of threatening to raise interest rates, will instead go for QE4 to try and manipulate interest rates lower using financial repression.

Dave thinks much more painful stagflation is in the future for the US and most of the rest of the world once the US Federal Reserve reverses course. 

Next, Jason asks Dave if it's become increasingly more difficult to be a contrarian investor and a value investor with the Federal Reserve and other Keynesian central banks all around the globe trying to boost asset prices with QE, Wealth Effect, etc. 

Dave thinks it's a lot harder to be a contrarian now and Jason and Dave discuss the investing philosophy and methodology of one of the world's most famous investors, Sir John Templeton. 

Jason and Dave also have a long discussion about financial engineering and how it's become pervasive both in corporate America and also by governments and their central banks. 

Next, Dave talks about the markets he is current buying and where he sees value. Jason and Dave discuss oil, coal and the precious metals during the rest of this interview. 

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