Max and Stacy discuss the proclamation made by Donald Trump’s economic adviser that ”interest rates will never rise again.” Does this mean that the real economy is dead forever and that all that remains is the false profits of an ever-rising stock market, which Trump says should be 5,000-10,000 points higher? In the second half, Max interviews Wolf Richter of WolfStreet.com about interest rates, property markets, Uber’s IPO and the future outlook for Amazon and Netflix.
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