Thursday, January 14, 2016

Jim Rickards: Fed raised rates too late

Billionaire investor Sam Zell just joined a growing number of experts predicting a U.S. recession within the next 12 months, so Edward Harrison breaks down his reasoning for doing so. Then, Jim Rickards, editor of Strategic Intelligence and author of “The Death of Money,” offers his analysis of the IMF’s decision to classify Russia’s $3 billion loan to Ukraine as ‘intergovernmental,’ and why the Federal Reserve should have raised interest rates years ago instead of this week.

After the break, Danielle DiMartino Booth, chief market strategist at The Liscio Report, examines the housing markets impact on U.S. GDP numbers. George Howard, associated professor of music business at Berklee College of Music, then tells Ameera David why Taylor Swift is one of the few artists with the power to take on the growing might of the streaming music industry.

Monday, January 4, 2016

Rickards On Helicopter Money And Ariely On Confabulation

According to the latest World Oil Outlook from the Organization of the Petroleum Exporting Countries, the price of oil will only hit 95 dollars a barrel by 2040. And that’s because, there is a glut. It turns out there’s too much of it in the UK too -- so much so that oil tankers are being turned around mid-route. Ameera David reports. Then, to talk about the Fed, Jim Rickards is on the show. Jim is the editor of Strategic Intelligence and author of "The Death of Money.” Jim tells Boom Bust’s Edward Harrison about his belief that so-called “helicopter money” is coming as a policy response to a weak economy.

After the break, Edward talks to Dan Ariely, a professor of psychology and behavioral economics at Duke University and founder of the Center for Advanced Hindsight. Dan tells Edward about ways to prevent cognitive shortcuts from hindering our financial outlook and discusses his experience with the Internet platform Kickstarter. And in The Big Deal, Ameera and Edward discuss whether inversions are a legitimate way to go about reducing tax and whether tax breaks on the repatriation of overseas profits can boost the economy.

- Source, RT