Jason Burack of Wall St for Main St interviewed first time guest, equity analyst & global macro strategist at Ascend Investment Management, Emma Muhleman CFA & CPA. In the past, Emma also worked for Real Vision and Allianz doing hedge fund level research for stocks and writing investment articles and paid investment newsletters. **DISCLAIMER-: ALL OF EMMA'S OPINIONS ARE HER OWN PERSONAL OPINIONS AND NOT OF HER EMPLOYER, ASCEND INVESTMENT MANAGEMENT. HER OPINIONS DO NOT CONSTITUTE INVESTMENT ADVICE. PLEASE DO YOUR OWN DUE DILIGENCE BEFORE INVESTING OR TRADING AND CONSULT WITH YOUR OWN FINANCIAL ADVISOR** Follow Emma on Twitter: https://twitter.com/emmamuhleman1 Follow Emma on LinkedIn: https://linkedin.com/in/emmamuhlemancfa Email Emma: [email protected] During this hour+ interview Jason asks Emma about her views on the current global macro situation and how we got here with 10 years of central bank intervention. However, most of this very interesting and also very controversial interview centers around China's economy, their misallocation of trillions in capital and how China, according to Emma and hedge fund manager Kyle Bass, is now running twin deficits and dealing with some enormous problems including this escalating trade war with the US and a massive US Dollar shortage. What is a current account deficit? How does it differ from a trade deficit? https://www.investopedia.com/ask/answers/010715/what-difference-between-current-account-deficit-and-trade-deficit.asp Please visit the Wall St for Main St website here: http://www.wallstformainst.com/ Follow Jason Burack on Twitter @JasonEBurack Follow Wall St for Main St on Twitter @WallStforMainSt Commit to tipping us monthly for our hard work creating high level, thought proving content about investing and the economy https://www.patreon.com/wallstformainst Also, please take 5 minutes to leave us a good iTunes review here! We only have about 51 5 star iTunes reviews and we need to get to our goal of 100 5 star iTunes reviews asap! https://itunes.apple.com/us/podcast/wall-street-for-main-street/id506204437 If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website. Wall St for Main St is also available for personalized investor education and consulting! Please email us to learn more about it! If you want to reach us, please email us at: [email protected] **DISCLAIMER- ANYTHING MENTIONED DURING THIS AUDIO OR SHORT VIDEO RECORDING IS FOR INFORMATION & EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE INVESTMENT ADVICE. JASON BURACK AND HIS GUESTS ARE MERELY STATING THEIR OPINIONS ON DIFFERENT TOPICS RELATED TO INVESTING, THE ECONOMY, MARKETS OR COMPANIES. PLEASE TALK TO YOUR INVESTMENT ADVISOR AND DO ADDITIONAL RESEARCH AND DUE DILIGENCE ON YOUR OWN BEFORE INVESTING AND MAKING IMPORTANT INVESTMENT DECISIONS.- DISCLAIMER**