The Real Side with Joe Messina is here, and David Fischer, CEO of Landmark Capital joins him as a long time guest on the show. The World Bank has come out and announced that if we continue to have these trade wars, that we will run into a financial calamity. The Volcker Rule is being revised, and this could lead to the same problems we had in 2007, the 2nd biggest economic downfall in the U.S. history.
The Volcker Rule is connected to the Dodd-Frank Act and this is being lifted.
To listen to the full episode, click here!
Show Notes –
– Unemployment is down to 3.8%, a historical low with president Trump’s 500 days in office.
– The trade wars have not had a positive outcome on the markets, and if they continue, they will be detrimental to the economy.
– 45 lead banking economist have said a massive recession will happen in 2020 by the 2nd quarter.
– Gold is always a safe haven because you don’t spend it, and it protects you when other assets lose value.