Mon, 24 November 2014
Jeff Macke is the host of Breakout on Yahoo Finance and was an original cast member of CNBC's Fast Money. He is also the author of Clash of the Financial Pundits: How the Media Influences Your Investment Decisions for Better or Worse, which he talks a little bit about on today's show. In this episode, you'll find Jeff and Jason addressing some Doomsday theories as well as talk about inflation and deflation in currency.
4:50 – Jason is staying at hotels for half of the price because he's been using services like Hotwire.com.
8:30 – People are having a hard time finding jobs. Investment bankers are becoming Uber drivers just to make some money.
11:45 – Jeff believes there are plenty of jobs available, just not jobs people want. Jeff says if you get a job you don't want now, it'll help provide you some money and help you work towards something you are passionate about.
13:00 – Jason is exciting about robotic technology and the self-driving car.
17:30 – Jeff is still nervous about the stock market. The stock market is doing better now, but it's still pretty unstable.
19:52 – Jeff is not sure if we're going to see a huge inflation in our money, but at the same time he doesn't see how the deflation outcome would work too.
22:00 – Jason believes it's important to prepare your money for both inflation/deflation scenarios. He explains how to do that in this segment.
24:30 - Never forget that economics is a social science
Mentioned in this episode
Clash of the Financial Pundits by Jeff Macke