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Jason Burack
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Investor, Entrepreneur, Financial Historian, Austrian School Economist, Investment Analyst, and Contrarian. Co-founded the investor education, financial education and consulting company, Wall St for Main St, LLC in 2009. I've taught beginners how to invest and also consulted for high net worth... More
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Jason Burack
  • Porn Shutdown Causes Bad Jobs Numbers?  0 comments
    Sep 9, 2013 4:03 PM | about stocks: DIA, USO, SPY, GLD, PSLV, SLV, PHYS

    In this 30+ minute podcast, Jason Burack and John Manfreda of Wall St for Main St discuss the jobs report from this past Friday and the excuses Keynesians and the government is giving for poor jobs numbers. They also talk about the general state of the jobs market in the US and where jobs are being created.

    www.cnbc.com/id/101015018

    www.zerohedge.com/news/2013-09-06/porn-industry-blamed-temporary-softness-jobs-data

    Next, Jason and John discuss the Fed and Wall St banks attempting to re-inflate a consumer credit bubble in autos by giving loans to sub-prime borrowers who cannot possibly ever pay back a large car loan. Most of the growth in auto sales is coming from no money down, sub prime loans.

    John and Jason then talk about the Fed tapering and how it will be more difficult because an increasing amount of foreigners are now dumping their large US Treasury holdings.

    Finally Jason and John talk about the Syria war/conflict and why this is really about a natural gas pipeline and the Petro Dollar and not humanitarian efforts like the mainstream media says.

    Jason and John summarize the podcast, talk about gold and silver market and think the Fed cannot meaningfully taper without causing the stock and real estate markets to crash.

    If you want a free copy of our oil report, have questions for us to answer on future podcasts, have any ideas for future podcast guests, any comments or questions, or are interested in paid consulting work please email us at wallstformainst@gmail.com

    Follow Jason Burack on Twitter @JasonEBurack
    Follow Mo Dawoud on Twitter @m0dawoud
    Follow John Manfreda on Twitter @JohnManfreda
    Follow Wall St for Main St on Twitter @WallStforMainSt

    youtu.be/nYuhNFwVLGA

    Stocks: DIA, USO, SPY, GLD, PSLV, SLV, PHYS
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