During this 20+ minute interview Jason asks Bill questions about a global US Dollar shortage, whether China will have to devalue its currency 20-30% to bailout its state owned banks and municipalities, if he is heavily short a lot of stocks yet, how overvalued the stock market is, if the Fed can reduce its ~$4.5 trillion balance sheet and how the economy on Main St is doing with so many retail stores shutting down in 2017.
TND Podcast Spotlight: Wall Street For Main Street
Bill thinks it’s almost guaranteed that there will be another global financial crisis in the next 2-3 years but that it will be from government debt problems.
Bill is a professional money manager with over 30 years of experience. He has written daily commentary on market action since 1996 and FleckensteinCapital.com launched in 2003.
Bill’s book, Greenspan’s Bubbles: The Age of Ignorance at the Federal Reserve, is still prescient today and is available here: https://www.amazon.com/Greenspans-Bub…
Bill’s website: https://www.fleckensteincapital.com/home.aspx
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