Luke discusses the Defensive Sectors and leading economic indicators. The typical benchmark number for retirement is one million dollars. But is that REALLY enough? Max talks about your chances of winning the lottery.
Corrections and market volatility. The STA Weekly Market Report comes out today. What effect will the economic policies of President Trump have on the midterm election? Mike talks about the pros and cons of paying off a mortgage.
We discuss the market rally as stocks recover from the recent correction. Luke talks about stock returns and rising interest rates. Be careful when investing with emotion. Mike talks about estate planning with tips on what steps to take.
Mike and Luke discuss the bankruptcy filing by Mattress Firm. 2008 recession effects are still in play. The Labor Department releases jobs numbers and the unemployment rate. Interest rates are slowly climbing.
Discussion on the day's market pullback. The possibility and likelihood of Fed rate hikes. How to manage your bonds and bond funds. Wealth building and portfolio risk. Longevity is good but not if you run out of money.
The Institute for Supply Management's survey climbs to 61.6, with all 17 industries in the index showing growth. Business expansion is positive and the pro-business economy is soaring. Mike covers why some people choose to live without a will and explains why that's not a good idea.
We discuss the Amazon wage increase and the effect on competitors. Luke breaks down the accelerating and what will follow. Each working American owes $8,172 of that debt. General Electric's credit rating is cut to BBB+.
Mike and Luke discuss current market conditions. As we approach the 10 year anniversary of the Lehman Brothers collapse, we talk about how bad policy caused the last recession and what have we learned from the mistakes.
We discuss the Senate hearings with the tech giants. Luke compares Tom Brady's work ethic and longevity and how everyone should strive to be the best at what they do. A good breakdown of NUA's and how to maximize returns. Mike talks about estate planning and having a proper Last Will & Testament.
We discuss Amazon, the second company to hit a trillion dollar market cap in just a few short weeks. Nike has made a move that leaves some investors and customers scratching their heads. Luke talks about how to make sure you get the most out of Social Security.
We discuss the importance of having an investment discipline. The widely ranging value of currencies. Mike Smith discusses recessionary concerns and reducing debt. Many people, including high net worth celebrities do not have a will.
Shares of Amazon pass the $2,000 mark for the first time. Consumer spending is up, but so is inflation. Luke tells it like it is, "we WILL have a recession". Corporate profits and what it means to you. Some colleges will go bankrupt in the coming years.