Trend Following With Michael Covel

My guest today is Jim Woods, a 20-plus-year veteran of the markets with varied experience as a broker, hedge fund trader, financial writer, author and newsletter editor. Jim is the editor of Intelligence Report, Successful Investing, Bullseye Stock Trader and The Deep Woods (formerly the Weekly ETFReport). The topic is his book The Wealth Shield, A Wealth Management Guide: How to Invest and Protect Your Money from Stock Market Crashes, Financial Crisis and Global Economic Collapses. In this episode of Trend Following Radio we discuss: Zero interest rate policy, or "ZIRP", and why normal people are taking on more risk to get the same returns If another 50% meltdown happened in the S&P while rates were at zero, what might the chain reaction be? Would you be prepared trading wise for that? Technology taking away the need for human capital The power structure in Washington The societal implications of ZIRP What the stock market might do if interests rates went up The concept of "blowback" The importance of h