Adem Tumerkan: Worsening Global Economic Slowdown Now Drastically Hurting the US; Peter Schiff: Service Sector to Follow Manufacturing into Recession

Wall St. For Main St., Released on 10/4/19

Jason Burack of Wall St for Main St interviewed returning guest, former Editor-In-Chief for Palisade Research and former analyst at Stansberry Research, options trader and newsletter writer at Speculators Anonymous speculatorsanonymous.com/, Adem Tumerkan.

During this hour plus long interview, Jason asks Adem about the global economy slowing down rapidly all of 2019, how this is now starting to badly affect the US after this week’s very poor Chicago PMI and ISM data came out (worst in 10+ years) and what this means for volatility going forward.

Jason also asks Adem about the US dollar rally, the leveraged short volatility trade and gold. Adem thinks that this is the time to be extremely cautious.

Adem also talks about his trading strategy how he uses hedged options trades to get larger returns over a 3-5 year period.

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.

 

YouTube/PeterSchiff, Released on 10/4/19

Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street JournalNew York TimesBarron’sBusinessWeekTime and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting his own weekly radio show, Wall Street Unspun. He’s also the author of the bestselling books: Crash Proof 2.0The Little Book of Bull Moves in Bear Markets:, and The Real Crash: America’s Coming Bankruptcy – How to Save Yourself and Your Country.

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