The U.S. housing market is outperforming every other sector in the world. Jason Hartman discusses the migration from cyclical markets to linear markets. Some cyclical markets see growth, but dense cities like San Francisco are seeing people leave in throngs.\xa0
Joel Pollak, senior editor and in-house counsel at Breitbart News, joins Jason Hartman to discuss his new book\xa0Red November, Will the Country Vote Red for Trump or Red for Socialism?\xa0Pollak and Hartman wind through a road of political discussion ranging from activism to the POTUS race. As well, they critically discuss how mainstream media shares their version of the narrative.\xa0
Books:\xa0Red November, Will the Country Vote Red for Trump or Red for Socialism?\xa0By Joel Pollak
Coffee Tok (Talk)\xa0Sunday Mornings 11 am/8 am EDT/PDT
\u201cHow to Avoid The Top Three Irrational Mistakes that Investors Make when Investing\u201d
Key Takeaways:
[1:45] \u201cWhen we compare this recession to the previous one; instead of a housing crash, we have a housing market that is outperforming every other sector in the world, during the most impactful economic and health shock in recent modern history. That\u2019s a lot of hyperbole, but it\u2019s all true.\u201d
[2:10] \u201cNew home sales in July increased 13.9% crushing expectations.\u201d
[2:40] U.S. home prices rose 4.3% in June.
[7:30] Some reports are stating that a few cyclical markets are seeing high activity.\xa0
[14:00] What are the most evil companies in the world?
[17:00] People are leaving San Francisco in throngs. A 96% increase in year over year listings.\xa0
Joel Pollak
[21:45] Who\u2019s leading the race for POTUS?
[24:30] These massive protests are being used to rally activists of the left and the right but also frightening the middle.\xa0
[30:25] Most of the activity and activism has been in cities and states mostly controlled by democrats.\xa0
[34:45] Has the media discredited themselves so much that most Americans can see through them?
[38:30] \u201cBiden never came to the spin room once\u201d - Pollak
[41:20] \u201cThe genius of America is that people pursue their self-interest with a public spirit.\u201d Pollak was quoting Alexis De Tocqueville.
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