478: The Phillips Curve, Elliott Wave, Telemedicine, Kim Jong-Un
Today, Jason Hartman discusses the Phillips curve and its relevance to our current economic situation. While we are all challenged in ways to adapt to our shelter-in-place advising, several benefits are being popularized out of necessity. Telemedicine, or telehealth, is growing rapidly, and not just for humans. Veterinary practices are using telemedicine for your pet's health as well.
Steve Hochberg returns to elaborate on the Elliott Wave. How do we know when we have too much debt, the U.S., or the individual?\xa0
Key Takeaways:
[1:00] Is Kim Jong-Un alive?
[5:30] Telemedicine, we\u2019re finally there
[8:00] The Phillips curve
[14:00] Monetary policy comes from central banks, and fiscal policy comes from the government\xa0
Guest: Steve Hochberg
[22:00] Everything the Fed has said they\u2019re going to do has been backed by the Treasury. The treasury has pledged to cover any losses that the Fed is going to incur through their lending programs, and this can\u2019t go on forever
[24:00] How do we know when we have too much debt?
[28:30] \u201cI think there\u2019s a huge bull market starting right now, and it\u2019s the bull-market in cash\u201d -Hochberg
Websites:
www.elliottwave.com
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