Jul 9, 2020
On this week's episode of the Stansberry Investor Hour, Dan opens the show ranting about The Heroes Act passed by the House of Representatives... a stimulus package with a $3 trillion price tag. Both sides of the aisle have agreed to print money like it's going out of style.
Dan also shares an interesting silver trade that was brought to his attention from one of Stansberry's top traders.
Then on this week's interview, Dan welcomes guest Cullen Roche on to the show. Cullen is the founder of Orcam Financial Group, which is a financial services firm offering research, personal advisory, institutional consulting, and educational services. Before founding his own business, Cullen oversaw $500 million in AUM with Merrill Lynch Global Wealth Management.
During the interview, Cullen explains in detail why the Fed usually takes all the heat when it comes to irresponsible fiscal policy, but the Treasury often gets overlooked. "The entity that is much more powerful in terms of money printing prowess is the US Treasury." Cullen also presents a grim view on the bond and equity markets going forward but gives sound advice on how to protect yourself.
And finally on the mailbag, one repeat listener asks Dan if he thinks taxes will be raised going forward. Will the governments of the world even attempt to pay back all this debt? And another dedicated listener presents his own research on how trailing stops may affect your returns.