WallStForMainSt: Fred Hickey: There's Now Another Technology Bubble Far Larger Than The 1999-2000 One

  • Sunday, 24 June 2018 22:10
Jason Burack of Wall St for Main St interviewed first time guest, technology expert, technology investor and editor at The High-Tech Strategist newsletter since 1987, Fred Hickey. Follow Fred on Twitter here: https://twitter.com/htsfhickey Fred is also a former Barron's round table member and he's frequently cited on Bloomberg News. During this hour plus long interview, Jason first asks Fred about the technology industry including the FAANG stocks and tech stock valuations. Questions include: 1) What's your opinion on valuations for technology companies? 2) Are the FAANGS distorting a lot of the major stock market indexes? 3) Are there any particular technology industries that you think there's bargains or reasonably priced growth? 4) Do you think with the NASDAQ and Russell 2000 at all time highs now that this means there's another technology bubble similar to the one you shorted in the late 1990s-early 2000s? 5) What's you views on the 3d printing and cyber security industries? The second part of the interview, Jason asks Fred about the global economy (global macro) situation in his views and why he likes gold and gold stocks? Questions include: 1) If the Fed is serious about ramping up QT in October to $50 billion per month with 2 additional rate hikes in 2018, do you think that this means a stronger US Dollar? How do you think this will affect stocks and gold? 2) The ECB and BOJ are claiming that they will taper, raise interest rates and stop QE in the near future. Do you think they will seriously do it or is this more jawboning where they know they cna't stop QE? 3) I know you spend a lot of time researching gold mining stocks. Overall, do you think the industry has done a good job of cutting costs, improving their balance sheets and focusing on improving margins the last few years? 4) Can many of the primary gold miners survive a larger correction in the gold price in US Dollars or do you think that the gold price will start moving up more soon? 5) Are there any gold miners who you think that management is doing a particularly excellent job? 6) Do you think that gold miners have some of the best valuations of any industry or are there other industries where you see better valuations with better growth prospects? 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 have 40 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**

Additional Info

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.

Disclaimer: As a news and information platform, also aggregate headlines from other sites, and republish small text snippets and images. We always link to original content on other sites, and thus follow a 'Fair Use' policy. For further content, we take great care to only publish original material, but since part of the content is user generated, we cannot guarantee this 100%. If you believe we violate this policy in any particular case, please contact us and we'll take appropriate action immediately.

Our main goal is to make crypto grow by making news and information more accessible for the masses.