Jason Burack of Wall St for Main St interviewed returning guest, hedge fund portfolio manager at Crescat Capital https://www.crescat.net/, Tavi Costa.
Follow Tavi on his Twitter for superb charts and graphs about the global economy and many different markets: https://twitter.com/TaviCosta
During this hour plus long interview, Jason asks Tavi if the bear market is over?
Tavi talks about how even though the Fed is now "printing" $75 billion per day and central bank balance sheets are up a little over $3 trillion dollars in the last 50 or so days that, according to his research, $50 trillion dollars worth of asset values has been destroyed.
Jason and Tavi discuss the growing divergence between economic reality and asset prices, especially in the US economy where the US consumer is out of commission.
He expects central banks, including the PBOC and the Fed, to do a lot more especially with the dollar shortage outside the US causing defaults.
Tavi gives amazing insights into commodities, gold, silver and oil.
Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason's work at his blog website at www.jasonburack.com.