Preparing & Profiting from Trump’s Doomed Economics

David Stockman, John Tamny, Ronald Stöferle and Janet Lee-Sheriff are guests this week on the radio show. 

Stockman explains in a Fox interview why Trump economics are doomed from the start. John provides details regarding Trump economics and Ronald provides insights into how you can use Austrian economics to profit in markets and avoid some of the pitfalls many followers of Austrian economics frequently experience.

We rely this week on a Fox Business interview with Stockman and two interviews conducted by Jeff Deist, President of the Mises Institute, with John and Ronald. Michael Oliver gets this week off. We anticipate he will be with us on the March 14th show.  

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David Stockman was formerly a senior managing director of The Blackstone Group. Prior to joining Blackstone, Mr. Stockman was a managing director at Salomon Brothers, Inc. He served as the director of the Office of Management and Budget in the Reagan administration from 1981 to August 1985 and was the youngest Cabinet member of the twentieth century. From 1976 to 1981, Mr. Stockman represented Michigan in the House of Representatives.

John Tamny is a senior fellow in economics at Reason Foundation, the political economy editor at Forbes, a senior economic advisor to Toreador Research & Trading, and editor of RealClearMarkets.com (RCM). Tamny frequently writes about the securities markets, along with tax, trade and monetary policy issues that impact those markets for a variety of publications, including The Wall Street Journal, Investor’s Business Daily, Financial Times, National Review and London’s Daily Telegraph. Tamny is the author of Popular Economics: What the Rolling Stones, Downton Abbey, and LeBron James Can Teach You About Economics. He’s also a weekly guest on Forbes on FOX

Ronald-Peter Stöferle was born October 27, 1980 in Vienna, Austria, is a Chartered Market Technician (CMT) and a Certified Financial Technician (CFTe). During his studies in business administration and finance at the Vienna University of Economics and the University of Illinois at Urbana-Champaign, he worked for Raiffeisen Zentralbank (RZB) in the field of Fixed Income/Credit Investments. After graduating from university, Stoeferle joined Vienna based Erste Group Bank, covering International Equities, especially Asia. In 2006 he began writing reports on gold and gained media attention when he expected the price of gold to rise to USD 2,300/ounce when the current price was only at USD 500. His six benchmark reports called “In GOLD we TRUST” drew international coverage on CNBC, Bloomberg, the Wall Street Journal, Economist and the Financial Times. He was awarded “2nd most accurate gold analyst” by Bloomberg in 2011.