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 Sargen 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.
[1:05] President-elect Trump may lead the US with a pro-business stance.
[4:33] Trump is a spender which could lead to higher interest rates.
[5:45] Nick Sargen worries about Trump’s trade issue.
[9:41] Budget deficits do not mean inflation.
[12:08] Trump will be a pro-growth, real estate president.
[15:00] The market is moving with the belief that all of Trump’s policies will promote growth.
[17:50] Diving into the Global Shocks: An Investment Guide to Turbulent Markets book.
[20:24] How to capitalize on a bubble.
[24:08] Financial institutions have led the way during the current stock market rally.