Episode 067: COVID Economy Update – Stocks, Supply Chain, & Real Estate with controversial author, Tom Phelan

COVID Economy Update - Stocks, Supply, & Real w/ Tom Phelan, Mark Botros/LIFE WORKS

In this episode, Mark Botros and Tom Phelan talk through an Economic Update including Real Estate, Stock Market, Supply Chain, Industries that are thriving, and what Tom sees going forward.

Time warps for the busy and powerful:

[00:00:00] Welcome Back, Tom, a lot has happened in 10 months
[00:02:29] The impact of remote work and unemployment
[00:02:48] Supply Chain impacts
[00:03:14] Panic Buying Coffee
[00:03:55] They’re begging me for my used car
[00:04:39] Where are we in the cycle?
[00:06:07] It’s like a balloon
[00:06:55] What going on in Real Estate?
[00:12:59] What’s going on in the Stock Market?
[00:16:32] Should we really be considering Real Estate — NOW??
[00:19:49] Is now a good time for people to pay down their first mortgage? (LIRP, Reverese Mortgages)
[00:23:28] The Ideal Portfolio
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