Jason Hartman talks with George Gammon, real estate investor, entrepreneur, investor and TV producer, about what’s happening in the repo market and how that impacts the overall economy moving forward. The two address misconceptions about several aspects of investing and whether you should be happy or dismayed about certain aspects of the new Trump tax plan.
Key Takeaways:
[5:05] What is the repo market and why does it matter in the macroeconomic world?
[10:44] Money market funds are big players in the repo market
[13:20] The only “cheap” investment in today’s economy is a 30 year fixed rate mortgage
[17:19] The new tax law has changed the way inflation is dealt with, and George doesn’t think it’ll be good long term
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