The Unconstrained Podcast

The Bubba Show - 02.18.15


Listen Later

Scott Shellady The Cow Guy on Fox is Bubbas guest today. He talks about how important it is to talk straight to investors when you give the news. The economy is not that good so don't make it the greatest. Scott and Bubba discuss how difficult it is to be on network news and balance the information and inform investors. Scott and Bubba talk about their view on interest rates last year and why they have fallen in the past year.Scott Shellady believes the middle class has been struggling for the past twenty years because real wages are not increasing. Since 2009 nothing has changed for the Average Joe.The economy looks good for the rich but the economy is not good for the majority. Now we see the ECB doing the same thing. Scott talks about meeting with Chris Christie. A record number of people are on entitlements but the equity markets are on all time highs what is wrong with this picture? Mr. Obama keeps telling us the world is in great shape. Scott Shellady talks about the being a finance professor at DePaul and how the market works versus the textbooks. Academics don't seem to have any common sense. Very few people understand how the market works from real life experiences. No signs of true growth, QE bought time not growth. We need someone to think outside the box. Scott sees the world from the view of a farmer, trader and world traveler.Bubba and Scott discuss education at the high school and college level. How important it is to cut through the hot air and learn that if you want to run a country you need to learn how to run a business. You can't consistently overspend and have the country run the current course. Eventually the country will run out of money and go broke. If the government is running the business it will be hard to succeed. The government has a responsibility to help those that can't help themselves the problem is who is working the system. The current method can't work forever.
...more
View all episodesView all episodes
Download on the App Store

The Unconstrained PodcastBy [email protected] (Myles Wakeham)