Wall St. For Main St., Released on 7/18/23
During this 30+ minute interview, Peter talks about the recent rally in US stocks and why the rally will not continue as problems with US commercial real estate and regional banks get worse. Especially if the Fed continues to hike rates. Peter believes that the BRICs will actually succeed this time in a few years with a US Dollar alternative currency with partial gold backing. Peter does not expect deflation to last for a long period of time as the US federal government is an enormous debtor and needs inflation to devalue its debts and unfunded liability obligations without paying higher interest rates on that rapidly growing debt.
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.
Peter Grandich & Company specializes in retirement, business and estate planning, that operates with the slogan that they “enable common people to attain uncommon results.” The company was formed by Peter following decades of experience in the markets, having served in roles that include Chief Market Strategist, Portfolio Manager, and Head of Investment Strategy among others. Peter’s website – https://petergrandich.com/blog-posts/.