Money & Markets is America’s premier source for financial news, commentary and actionable research advice, and this is our new podcast, “The Bull & The Bear.”

Every day, led by Chief Investment Strategist Adam O’Dell and a team of finance journalists, traders and experts, Money & Markets gives you the information you need to protect your nest egg, grow your wealth and safeguard your financial well-being.

And the next step of that is “The Bull & The Bear” podcast, hosted by Money & Markets staff writer Matthew Clark.

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The Bull & The Bear

In this episode of The Bull & The Bear, Clark sits down with noted Banyan Hill Publishing economist Ted Bauman.

Born in Washington, D.C. and raised on Maryland’s Eastern Shore, Bauman emigrated to South Africa as a young man in search of adventure. He graduated summa cum laude from the University of Cape Town with postgraduate degrees in economics, economic history and politics.

Bauman’s career has taken him all over the world. He has visited over 80 countries in Africa, Asia, Europe, Latin America and the Caribbean. These experiences have taught him that it’s possible for anyone to grow their wealth and live the life they’ve always dreamed of.

In addition to being an economist, Bauman is the Editor of The Bauman Letter and Alpha Stock Alert.

Today, they talk extensively about the latest figures stating U.S. gross domestic product shrank by 4.8% in the first quarter of 2020, and what sectors of the economy have taken the biggest hit.

In addition, is the latest second-quarter projection by the Congressional Budget Office of a further 12% GDP decline too conservative?

Clark and Bauman also talk about what you should do as an investor when facing these declining figures. Here’s a hint: Keep your powder dry.

You can listen to other episodes of The Bull & The Bear here.

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