On January 25th, the longest government shutdown ever at 34 days came to a temporary halt. The government has been funded through February 15th where we might just see yet, another government shutdown. The Federal government has way too much power (obviously) and we need to privatize the lousy TSA, FDA, air traffic controllers and many more federal workers! We need to reverse this trend of centralizing power and D.C. and give it back to the people. Only then will we see prosperity like none of us has seen in our lifetimes.
This was no surprise to listeners of this show but the Fed did raise rates for the 4th time in 2018 and this was the 9th rate hike in this tightening cycle. Back in June, Fed chairman Powell, was very giddy about the economy and confident about the growth but now he doesn’t seem so sure. 2019 will be a very different Fed where they may actually cut interest rates and not raise them. And gold has been very strong these last few weeks nearing $1,300 an ounce, which are 5 month highs. Goldman Sachs sees gold performing very strongly in 2019 with a year end price of $1,425 an ounce.
Chris Casey has been investing in the markets for years and he certainly sees some major warning signs that this economy may be heading toward a massive bust! Every time the yield curve curve inverts doesn’t mean an economy will bust but every recession since the 1950s was preceded by an inverted yield curve. Most people have no idea what an inverted yield curve is and what it means so Chris breaks it all down and explains it in simple language. Chris also talks about Cryptocurrencies and gold!
How is Trump doing from a libertarian perspective? Tom Woods really sees Trump as a mixed bag with the good, the bad and the ugly. From college professor to a wildly successful entrepreneur Tom lays out what he sees are the biggest keys to success and the key tool most people aren’t utilizing that will radically improve your results! Tom officially leaks out the first guest on the Contra Cruise 2019 to Alaska! Folks, you don’t want to miss out on all the gems laid out in this episode of the Justin Mohr Show.
The midterm elections have come and gone and the Democrats have taken the House. Now this isn’t all so bad. Divided power is good because this means “gridlock” and less destructive laws will be passed. Electric scooter companies like Bird are being banned in some progressive cities just like Uber once was when it was seen as destructive to the taxi industry. These scooters are a brilliant innovation of the Free Market and here comes the government trying to halt progress! This episode covers a lot of the crazy rational given by these progressive cities for their “brilliant” move to protect the people.