The economy and the stock market are the subject of the 149th episode.

Our guest is author and Real Clear Markets editor John Tamny.

In this conversation, we review a wild week for the stock market, whether the inverted yield curve is predictive, the current strength of the economy, how he views the Trump tax cut, whether indexing cap gains to inflation would be stimulative, what he makes of recent Federal Reserve actions, how a strong or weak dollar matters, and the trade war with China.