Jason Hartman begins today’s show with a little good news and a little bad news. Along with that Jason explores the idea of seeing the world in black and white and how getting older helps with that.
Then Jason finishes his interview with Ali Wolf, Director of Economic Research at Meyers Research, LLC., regarding what indicators you can expect to be leading and which are likely to be lagging. Some that seem like they could be leading are actually usually lagging and can hurt you if you invest off of them. Ali explains some ways she’s been able to potentially see a downturn coming up to 3 years off.
[9:05] Bad news: More and more businesses are fleeing California
[10:20] Good news: homes are finally getting built
Ali Wolf, Part 3
[12:56] Consumer confidence, GDP and Non-Farm Payrolls are examples of lagging indicators
[17:21] Potential leading indicators that can forecast a downturn years ahead