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1442: 93% of Renters Paying, Forbearance, Oil Collapse, Be Greedy When Others Are Fearful
Description
Jason Hartman talks about the lack of renter defaults in the peak U.S. month of the COVID-19 pandemic. How will the forbearance issues play out? The oil and gas industry is facing the steepest collapse in history. What will this recession/depression look like, and will you heed the advice of the late, great Warren Buffet? Listen to this episode to expand your knowledge of pandemic investing.
Key Takeaways:
[4:00] “Be fearful when others are greedy, and be greedy when others are fearful” - Warren Buffet
[8:00] The oil market, have we hit a period of negative oil prices?
[13:00] Even Coca-cola consumption is down 25%
[15:30] A few of the big banks each had class-action lawsuits filed against them by small businesses claiming poor, or unfair, handling of the PPP processing
[20:45] Is Kim Jong Un in danger after emergency heart surgery?
[21:15] The situation on forbearance is unclear
[24:30] Recession or depression, two or four flat quarters?
[27:00] 2020 version of The Grapes of Wrath migration
Websites:
1-800-Hartman
Jason Hartman PropertyCast (Libsyn)