CW 765 - Nick Sargen - GLOBAL SHOCKS, An Investment Guide for Turbulent Markets, Morgan Guaranty Trust, Salomon Brothers, Prudential Insurance & J.P. Morgan

The market is moving and it seems to be moving in the right direction for real estate investors. The historical average for appreciation for single family homes is ~6% nationwide. If you are already an income property investor, the good news is rents may be pushing upward. Jason’s guest today is the author of the new book, Global Shocks: An Investment Guide for Turbulent Markets. Nick Sargan is Senior VP and Chief Economist at Fort Washington Investment Advisors. He is a former economist at Morgan Guaranty trust, Salomon Brothers, Prudential Insurance and JP Morgan. He shares his insights about how the markets will react to a Trump presidency. Key Takeaways: [2:50] Large corporations take advantage of customer’s time and call center workers are drones. [8:45] The flawed cap rate is an evaluation of a property’s performance minus appreciation and leverage. [14:45] The annual Meet the Masters of Income Property Event is in January.   Nick Sargen Guest Interview: [16:55] President-elect Trump may lead the US with a pro-business stance. [20:27] Trump is a spender which could lead to higher interest rates. [22:35] Nick Sargen worries about Trump’s trade issue. [25:21] Budget deficits do not mean inflation. [27:58] Trump will be a pro-growth, real estate president. [30:50] The market is moving with the belief that all of Trump’s policies will promote growth. [33:40] Diving into the Global Shocks: An Investment Guide to Turbulent Markets book. [36:14] How to capitalize on a bubble. [39:58] Financial institutions have led the way during the current stock market rally.   Mentioned in This Episode: Jason Hartman Jason Hartman - Inflation Induced Debt Destruction Podcasts Nick Sargen Global Shocks