WEALTHTRACK

Markets and Investing

Consuelo Mack has a long and distinguished career in business journalism. In 2005 she struck out on her own to launch her dream program, a weekly half-hour program on public television devoted to helping Americans build and protect their wealth over the long-term. Now in its eighteenth season, CONSUELO MACK WEALTHTRACK has been dubbed the “Cramer Antidote” by the press and Money Magazine named Mack “The Best Money TV Host.” WEALTHTRACK is the only program on television devoted to long-term diversified investing in all of the investments people care about. Support this podcast: https://anchor.fm/wealthtrack/support

Consuelo Mack has a long and distinguished career in business journalism. In 2005 she struck out on her own to launch her dream program, a weekly half-hour program on public television devoted to helping Americans build and protect their wealth over the long-term. Now in its eighteenth season, CONSUELO MACK WEALTHTRACK has been dubbed the “Cramer Antidote” by the press and Money Magazine named Mack “The Best Money TV Host.” WEALTHTRACK is the only program on television devoted to long-term diversified investing in all of the investments people care about. Support this podcast: https://anchor.fm/wealthtrack/support

Location:

United States

Genres:

Markets and Investing

Business & Economics Podcasts

Description:

Twitter:

@ConsueloMack

Language:

English

Contact:

917.740.8737

Website:

http://www.wealthtrack.com/

Episodes

Crypto Is on Track Despite Declines

6/25/2022

Remember when some fans of cryptocurrencies called them non-correlated assets? They were supposed to behave differently from the stock market, not affected by traditional economic, political and fundamental forces? Cryptocurrencies were also dubbed digital gold, in the expectation they would hold their value in inflationary times. Neither has turned out to be the case. Bitcoin, the dominant cryptocurrency has fallen far more than the S&P 500 year to date, and in the face of higher inflation...

Duration:00:25:56

The Fed Rate Hike: Are Bonds Back?

6/18/2022

75 basis points: the biggest rate hike by the Federal Reserve since 1994 with additional aggressive moves expected. It looks like Fed Chair Jerome Powell is proving the naysayers wrong, who doubted he had the stuff to fight inflation. As influential Fed watcher Paul McCulley told WEALTHTRACK months ago Powell will “do whatever it takes” to fight inflation, just like Paul Volcker did in 1979/1980. Volcker succeeded, setting up conditions for the great bond bull market of the last 40 years but...

Duration:00:25:52

Indexing: Why Can't Money Managers Beat The Market? Charles Ellis Explains

6/10/2022

In a WEALTHTRACK exclusive legendary financial thought leader, Charles Ellis explains why after decades of searching for outstanding money managers he has become a big believer in indexing. WEALTHTRACK Episode 1850 published on June 9, 2020 More info: https://wealthtrack.com/legendary-investment-consultant-charles-ellis-makes-a-compelling-case-for-indexing/ --- Support this podcast: https://anchor.fm/wealthtrack/support

Duration:00:24:10

Women Making It on Wall Street

6/4/2022

Part 2 of 2 Candid career advice from three super successful women portfolio managers. Causeway Capital’s Sarah Ketterer, Capital Group’s Karen Choi, and Canyon Partner’s Robin Potts share their victories, setbacks, and strategies as they tear down the pink wall. WEALTHTRACK #1849 published on June 3, 2022 --- Support this podcast: https://anchor.fm/wealthtrack/support

Duration:00:36:03

Investment Opportunities In Market Volatility

5/27/2022

Part 1 of 2 The investment opportunities surfacing in the volatile stock, bond, and real estate markets. Causeway Capital’s Sarah Ketterer, Capital Group’s Karen Choi, and Canyon Partner’s Robin Potts share their perspectives. WEALTHTRACK #1848 published on May 27, 2022 --- Support this podcast: https://anchor.fm/wealthtrack/support

Duration:00:30:39

Money Managers: Choosing The Competitive Edge

5/21/2022

2022 has been a rough year for investors as financial markets have declined across the board. No matter what the market performance, investors continue to favor passive index funds over actively managed ones. Investors continue to favor ETFs, and exchange-traded funds over mutual funds. The vast majority of funds in ETFs are in passive strategies, but there’s an interesting divergence occurring. One of the fastest-growing segments in the ETF universe is actively managed ETFs. This week’s...

Duration:00:26:02

Energy Insecurity: Global Impact

5/14/2022

If you were to ask investors to name the biggest headwinds facing the markets, higher inflation and interest rates and their potentially negative impact on corporate earnings would top the list. Just about everyone on Wall Street agrees we are in a new era of higher levels of both. But this week’s guest believes there is another area that poses even greater challenges to the global economy and markets: energy. Energy is under enormous pressure on numerous fronts: geopolitical, production,...

Duration:00:25:52

Markets & Global Economy: Mega Changes

5/7/2022

Are you feeling at all overwhelmed by the pace and degree of change we are experiencing in the world, the economy, the markets, life in general? A series of head-spinning turns in events ranging from rising inflation and interest rates, Russia’s relentless and brutal assault on Ukraine, and a surprise leak of a draft of a momentous Supreme Court opinion are perfectly encapsulated by the dramatic market action of the last two days. After the Federal Reserve raised short-term interest rates...

Duration:00:25:54

Doubling Down on Biggest Losers

4/23/2022

What do you do when your flagship fund goes from the top of its class to close to the bottom in a matter of weeks? From market trouncing to market lagging? That is the challenge facing this week’s guest. Alex Umansky, Portfolio Manager of the Baron Global Advantage Fund which he launched at the firm of legendary growth manager Ron Baron in 2012. Umansky oversees about $2.4 billion dollars in assets at Baron Capital including $1.7 billion at his flagship Baron Global Advantage...

Duration:00:25:50

Defeat Inflation Despite Recession Risk

4/16/2022

We are in a new era of higher inflation and the pressure is on the Fed! Inflation is running at 40-year highs and it’s coming from every angle: food, energy, services, goods, rents, and wages which are all increasing. Is the Fed up to the challenge? Can it rein in inflation without causing a recession? What can we expect as borrowers and investors? We have lots of questions to ask this week’s guest but we know from his past performance he can take them all in stride. Paul McCulley is...

Duration:00:26:13

Want Profits? New Market Strategy Needed [2022]

4/9/2022

The new era of higher inflation and interest rates is already proving to be a challenging one for investors. The first quarter of 2022 was the worst one in two years for the stock market. Inflation reached 40 year highs, and in response, the Federal Reserve raised interest rates for the first time since 2018 and is signaling an aggressive policy of multiple rate hikes in the months ahead. Then there are all the other disturbing and disruptive developments to consider: the extended impact of...

Duration:00:26:02

Investment Opportunity: Impact & ESG Bonds

4/2/2022

As bonds suffer the worst quarter in more than four decades we are exploring one of the fastest-growing segments in the fixed income markets where demand is still accelerating. It's in ESG, environmental, social, and governance standards being applied to corporate and government bond issuers and specific issues themselves. In part 2 of our interview with industry pioneer Steve Liberatore, we explore both ESG fixed income investing, as well as the relatively new area of impact investing...

Duration:00:26:16

New Bond Era & Sustainable Investing

3/26/2022

Part 1 of 2 The direction of inflation and interest rates are key to the performance of bond prices and they are in the midst of a massive change. The shift in direction has been most dramatic for inflation. After a decade of staying mostly below the Federal Reserve’s long-term 2% target, the Consumer Price Index recently soared nearly 8% year over year. Meanwhile, until very recently interest rates have remained near historic lows. Despite telegraphing it would for months, the Federal...

Duration:00:25:45

How to Re-Position Your Portfolio for A Higher Inflation Era

3/19/2022

The first interest rate increase by the Federal Reserve since 2018 happened this week, with the central bank planning six more of 25 basis points or one-quarter of a percent each this year. The lending market is already ahead of the Fed. The average fixed rate 30 year mortgage topped 4% for the first time since 2019 in the latest reporting week. It's happening in a hot housing market. The median listing price for homes hit an all-time high of $392,000 in February and the inventory of homes...

Duration:00:26:09

Ukrainian Invasion Impact

3/12/2022

Russia’s brutal, unprovoked assault on Ukraine is dominating the news headlines, but so far its market impact has been short-lived. ClearBridge Investment strategist Jeff Schulze says what really matters to the markets in the direction of the economy and Federal Reserve policy. According to his proprietary Recession Risk Dashboard, the vast majority of his twelve key indicators remain positive. More info: https://wealthtrack.com/ukrainian-invasion-impact/ --- Support this podcast:...

Duration:00:27:25

The Sane Investment Approach [2022]

3/5/2022

Since the future is essentially unknowable, this week’s podcast guest focuses on what is knowable and controllable, mainly our own reactions. He is veteran personal finance journalist Jonathan Clements, a former colleague of mine at The Wall Street Journal who was its personal finance columnist for nearly 20 years. The author of several books including From Here to Financial Happiness and How to Think About Money, Clements is the Founder and Editor of HumbleDollar, a free weekly newsletter...

Duration:00:22:49

When is the RIGHT TIME for Target-Date Funds?

2/19/2022

Target-date funds have $3 trillion dollars in assets. Millions of Americans are enrolled in them, mostly through company 401(k) plans. They have a track record, multiple products, plenty of competition and fees are declining as a result. In an article titled “In Praise of Target-Date Funds,” one of our favorite WEALTHTRACK guests, Morningstar’s Director of Personal Finance, Christine Benz described them as “...nothing short of the biggest positive development for investors since the index...

Duration:00:26:24

The Bullish Case for Higher Inflation and Interest Rates

2/12/2022

Yankee legend Yogi Berra famously said, “It’s deja vu all over again,” one of his many memorable expressions. That’s the way I feel this week. The “deja vu all over again” is the theme of “Don’t fight the Fed.” The Federal Reserve's recent pivot from inflation promoter to inflation fighter puts that adage front and center in the current debate between the bulls and the bears. This week’s guest has been following that dictum during his 40-year investment career. He has been bullish since...

Duration:00:26:17

Resilient Investments, Including Gold, Are Matt McLennan’s Method for Building Lasting Wealth

2/5/2022

We appear to be in a new investment era, one of higher inflation and higher interest rates. It is a huge change from the “great moderation,” the multi-decade stretch of low inflation and falling interest rates since the early 1980’s. With consumer prices soaring to 40-year highs the Federal Reserve has pivoted from its unusual role as inflation promoter to its traditional role of inflation fighter, which signals higher interest rates ahead. Major macro shifts like these are always...

Duration:00:26:29

I'm Done! I'm Retiring. Now What?

1/15/2022

One of the biggest changes of the past year has been the record number of Americans who are quitting their jobs. It’s so pronounced that it has a name. It’s called “The Great Resignation.” What The Great Resignation means for retirement planning is just one of the items on Christine Benz’ financial to-do list this year. Another major area of focus is adjusting to much higher inflation. Consumer Prices increased 7% in December versus a year ago, the fastest increase since 1982 and the...

Duration:00:26:30