The State of our Economy & Proposed Tariffs with Economic Analyst – Tom Landstreet
Welcome to the American Railroading Podcast! In this our 2nd Anniversary episode our host Don Walsh is joined by guest Tom Landstreet, Co-Founder of Trusco Investment Management. Together they discuss the current state of the U.S. economy post-Presidential election, and they do a deep dive into not only where our economy is today, but how we got here, how tariffs and other proposed methods or solutions may potentially help or contribute to inflation, and what this all can mean for the rail industry. Tune in to this episode to gain valuable insights and broaden your understanding of American Railroading! You can find this episode and more on the American Railroading Podcast's official website at www.AmericanRailroading.net , and watch our YouTube Channel at the link below. Welcome aboard!
KEY POINTS:
- The American Railroading Podcast remains in the Top 10% of all podcasts globally!
- Mr. Landstreet is also Founder and CEO of N3L Partners, a strategic investment partnership that specializes in analyzing government policies, betting both with and against government, in a classic long/short structure, investing where policy meets price.
- You must have a good sense of humor to be able to handle the ups and downs of the U.S. economy and continual government policy changes.
- Dr. Arthur Laffer’s 4 Grand Kingdom’s of Marco Economics are Monetary, Fiscal, Trade and Regulatory.
- The definition of inflation is too much money chasing too few goods.
- Our national debt is at $36 trillion dollars, and the interest on the debt is $1.5 trillion dollars, or $2.3 billion dollars per day.
- President Trump’s proposed plan to improve the economy and reduce inflation is said to be like spokes on a wheel including reducing the cost of energy by increasing production, reducing government spending, reducing regulations and restrictions, and bringing manufacturing back to the U.S.
- Increasing the onshoring of manufacturing in the U.S. can be very beneficial to the U.S. economy and markets.
- LNG has been a strong U.S. market, and with the President’s removal of the ban on LNG exports and the pending ruling decision of PHMSA’s HM-264B by June 30, 2025 which could result in potentially allowing the shipping of LNG in rail tank cars, LNG could be a growing market for the U.S. economy and for the railroad industry.
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LINKS MENTIONED:
https://www.americanrailroading.net
https://www.therevolutionrailgroup.com
https://www.youtube.com/@americanrailroadingpodcast
Thomas Landstreet
Economic Analyst / Founder / CEO / Co-Founder / Registered Investment Advisor
Tom Landstreet enjoyed a long career on Wall Street as an institutional broker and head of capital markets for an investment bank. When Tom joined Dr. Arthur Laffer, of Laffer Curve fame, he learned a new framework for analyzing government policies and their incentive effects on the economy and markets. He has since elaborated on that framework and shares it with audiences around the country.
Tom is unique as an Economic Analyst as he employs his ideas in a portfolio as manager of the N3L Fund. He is also co-founder and Registered Investment Advisor of Trusco Investment Management, serving individuals and private foundations. Thus, Tom puts his money where his mouth is.
Tom has been married for 35 years and has three (largely) well-behaved children. He resides in Music City, Nashville, Tennessee - one of nine states in the U.S. with no income tax.