Taft also Recommends Investors get into Equities now
Scottsdale, AZ -- (SBWIRE) -- 02/09/2016 -- Podcasting guru Jason Hartman spoke to Royal Bank of Canada Wealth Management (RY on TSX and NYSE) (RBC) CEO John Taft on his popular Creating Wealth Show. Taft and Hartman touched on various philosophical topics involving Wall Street, including the importance of financial innovation and a financial system to individual countries, why Wall Streeters lose their moral compass every 10-20 years, and outlooks on the U.S. economy and stock market.
"We [RBC] don't see a recession coming in the United States," Taft said on the show. "The economic recovery and bull market in equities still has room to run... maybe for many years, so don't be afraid to invest in equities. You will get paid in time if you get in today."
The first half of Hartman and Taft's conversation centered around Wall Street's culture and place as the engine for economic prosperity. Hartman has been critical of Wall Street's "modern version of organized crime," but Taft countered with information on its role in the economy.
"Capitalism – powered by finance – has improved standards of living around the world over the past quarter of a century," Taft said. "It has moved billions of people out of poverty. The financial system that powers capitalism has made this happen."
In addition to leading RBC's wealth management group, Taft is a two-time bestselling author of A FORCE FOR GOOD: How Enlightened Finance Can Restore Faith in Capitalism and STEWARDSHIP: Lessons Learned from the Lost Culture of Wall Street. He's the former Chairman of the Securities Industry and Financial Markets Association (SIFMA) and the great-grandson of President and Chief Justice William Howard Taft.
The Creating Wealth podcast with Jason Hartman has a global audience in 164 countries and is ranked at the top of iTunes as one of the most popular business and investing podcasts. New episodes release every Monday, Wednesday and Friday afternoons.
Creating Wealth is a part of The Hartman Media Network, which is becoming a required stop for political, media, and economic, investing, longevity and travel experts. The Hartman Media Network has been host to a wide variety of prominent names, including 2016 Republican candidate Dr. Ben Carson, former Senator Todd Akin, and Rich Dad author Robert Kiyosaki. Other guests have included Presidential nominee Pat Buchanan, Weather Underground leader Bill Ayers, and FOX host John Stossel.
Hartman Media podcasts can be accessed at www.HartmanMedia.com
About Jason Hartman
Jason Hartman is the founder of the Platinum Properties Investor Network, The Hartman Media Company and The Jason Hartman Foundation, a resource for young adults to develop financial literacy.
In a successful investing career spanning over two decades, Hartman has been a successful entrepreneur, published speaker, author and media personality. His Complete Solution
for Real Estate Investors has helped thousands of people achieve their dream of financial freedom with income property investments.
Jason is also:
An innovator in teaching personal financial literacy and empowerment
Creator of The 10 Commandments of Successful Investing, a set of no-nonsense guidelines for achieving financial success
CEO of Platinum Properties Investor Network, a comprehensive resource for creating sustainable wealth through income property investing
Self-made millionaire with income properties in several states
To learn more about Jason Hartman, visit www.JasonHartman.com
For media inquiries with Jason Hartman – contact PR@HartmanMediaCompany.com
Website URL: http://www.JasonHartman.com/Podcast