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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 sixteeth 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 sixteeth 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

Description:

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 sixteeth 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

Language:

English

Contact:

917.740.8737


Episodes

Successful Investing: Time Tested Strategies

4/10/2021
Have you noticed how rampant speculation is? Random investors seem to be making money hand over fist in numerous assets: disruptive companies like Tesla, whose stock has soared 600% in the last 12 months. Old economy stocks like video retailer GameStop up nearly 6,000% propelled by traders on commission-free trading platforms like Robinhood. These are not isolated events. The zeitgeist is becoming very bullish. Do you feel like you are missing out? Has the world moved on? No, it has not...

Duration:00:26:12

Protecting Portfolios While Participating in the Bull Market

4/3/2021
We have been living through an extraordinary period. It was a year ago that COVID was recognized as a global pandemic and since then over 100 million people have been stricken and more than 2 million have died. Economies were locked down causing severe recessions. Central banks and governments responded with unprecedented amounts of monetary and fiscal stimulus. A worldwide effort by pharmaceutical companies to develop effective vaccines did so in record time. Millions are now in the...

Duration:00:25:47

Financial Thought Leader Paul McCulley Says Both Fiscal & Monetary Helicopter Money Are Essential

3/27/2021
When a fringe economic theory goes mainstream and is actually implemented by policymakers you better pay attention. The once-fringe theory in question is called Modern Monetary Theory, or MMT for short. The assumption behind MMT is that massive government spending helps the economy grow to its full potential, including full employment, and also finance major programs like universal healthcare, free college tuition, and green energy initiatives. Sound familiar? What about the burgeoning...

Duration:00:26:24

Cyclical & Value Stocks Shift is Durable

3/20/2021
It doesn’t take a rocket scientist to figure out that 2021 is a year of significant political and macroeconomic change. Meanwhile, the rollout of COVID vaccines is starting to unleash a year’s worth of pent-up consumer and business demand. That demand is also putting upward pressure on prices and inflation expectations. Those pressures are showing up in the bond market where yields on long-term bonds, the most sensitive to rising inflation expectations are rising. The price of 30-year...

Duration:00:26:04

ETFs Will Surpass Mutual Funds as the Industry Standard

3/12/2021
Part 2 of 2 John Rekenthaler has been tracking mutual funds at Morningstar since 1988. He correctly predicted early on that index funds would surpass actively managed funds. Now he sees a similar trend for ETFs as they attract record amounts of cash and mutual funds suffer outflows. WEALTHTRACK #1737 published on March 11, 2021 More info: https://wealthtrack.com/morningstars-john-rekenthaler-explains-why-etfs-will-surpass-mutual-funds-as-the-industry-standard/ --- Support this podcast:...

Duration:00:27:23

Online Investor: Social Media Effect from Robinhood to GameStop

3/6/2021
John Rekenthaler, Vice President of Research at Morningstar and author of the twice-weekly “Rekenthaler Report” analyzes the influence of the online investment communities that have driven GameStop’s meteoric rise and stunning declines. Rekenthaler says their influence is here to stay, at least until regulators get involved. WEALTHTRACK #1736 published on March 05, 2021 More info:...

Duration:00:13:35

Financial Bubbles of Historic Proportions

2/26/2021
The balance sheet of the Federal Reserve continues to surge at an unprecedented rate, up 83% y/y to a historic level, $7.59 trillion at the latest count. According to our WEALTHTRACK podcast guest, financial historian, and long-time market observer James Grant, interest rates, the “central pricing mechanism for financial markets” have been pushed to artificially low levels by the Fed’s policies which have created numerous market bubbles. He cites Bitcoin as one of the most extreme...

Duration:00:00:16

Which Investments Are Poised To Do Well In 2021?

2/20/2021
Part 2 of 2 Old fashioned asset allocation used to be a fairly simple exercise: 60% individual stocks, usually U.S. large-caps and 40% bonds, mostly investment-grade corporates, some Treasury securities for liquidity, and a smattering of municipal bonds for higher tax bracket individuals. Today it's a whole different ball game, juggling multiple global asset classes, using complex computer modeling, algorithms, pricing formulas, and intensive analysis. This is the realm of Sébastien Page,...

Duration:00:26:20

Portfolio Diversification’s Failure: Bear Markets Calls for a New Strategy

2/13/2021
Part 1 of 2: Talk to most investment professionals and they will tell you that portfolio diversification is the key to successful investing and that asset allocation among multiple asset classes, not individual security selection, accounts for as much as 100% of investment returns. Being broadly diversified among different asset classes is supposed to give you strong exposure to market rallies and protection in down markets as non-correlated assets zig when others zag and soften the...

Duration:00:26:05

Dreifus: Build Focused Portfolios That Beat The Market

2/6/2021
One of the most notable characteristics of the last decade was the wide divergence in market performance. We have reported many times on the narrow group of superstars, mainly large-cap U.S. tech stocks and the much wider universe of laggards, value and small-cap stocks in particular. In 2020 that divergence blew up. Small-cap went from worst to first. The year began disastrously. Small-caps ended the year with their best quarterly gain ever, a stunning 31% advance in the index, handily...

Duration:00:26:06

Financial To-Do List For A New Year [2021]

1/23/2021
Blast off! Stock markets are setting records, with tech stocks leading the charge once again. “Don’t fight the Fed” should now encompass “don’t fight the Treasury, fiscal stimulus, vaccinations and investor demand for ‘real’ (after inflation) returns.” The Wall Street Journal reports that the “S&P 500 rose 14.3% from Election Day through Inauguration Day, its best performance on record for that period.” (The Wall Street Journal “Stocks Climb To Records, Led By Tech Sector” 1/21/21) In...

Duration:00:25:52

Financial Plans: Pandemic Era Rethink

1/16/2021
COVID-19 has affected just about every aspect of our professional and personal lives, including the state of our finances. Whether you or a loved one are among the more than 20 million Americans who lost their jobs in the spring of 2020 in the depths of the lockdowns, or one of the millions of Americans who saw their retirement portfolios plunge in the shortest bear market on record in February and March, (and if you stayed invested have benefitted from the markets rebound), or if you or a...

Duration:00:26:05

The Narratives Driving Stock & Real Estate Prices [2021]

1/9/2021
We have a special treat for you. Robert Shiller, a Nobel Prize-winning economist, a pioneer in the field of behavioral finance, long-time Yale professor, financial innovator, and prolific author. Shiller is also the co-creator of the widely cited gauge of U.S. housing prices, the Case-Shiller Home Price Index, and creator of the cyclically adjusted PE ratio known as the Cape Ratio which is a price-earnings ratio for the S&P 500 based on average inflation-adjusted earnings from the previous...

Duration:00:26:03

Economic Perspective on the Extraordinary Events of 2020

12/19/2020
This week, in part 2 he will share his fifty years of economic perspective on the extraordinary events of 2020 and how the pandemic has changed the economy and markets. It will be a fascinating conversation with one of the best business cycle analysts of our era. Every year at around this time we sit down for an in-depth interview with legendary economist Ed Hyman. Hyman has been voted Wall Street’s number one economist in Institutional Investor magazine’s prestigious annual survey of...

Duration:00:26:10

Record Monetary Stimulus + Vaccines = Economic Growth [2021]

12/12/2020
It's an annual tradition on WEALTHTRACK to sit down for a rare in-depth interview with Ed Hyman, Wall Street’s number one-ranked economist for an unrivaled forty years! Hyman is a Wall Street legend. His ability to gather reams of economic data, including proprietary information from many sources including his weekly company surveys of industries ranging from retailers to restaurants, to homebuilders, truckers, and even Christmas tree vendors gives him an ability to take the current pulse of...

Duration:00:26:01

Medicare & Lockdown: Better than Ever? (U.S.)

11/28/2020
According to Medicare benefits expert, Dr. Katy Votava COVID-19 has altered several aspects of Medicare coverage and procedures. She will tell us what’s different and how to take advantage of the changes. She will also help us meet the deadline for Medicare’s annual enrollment period which ends on December 7th and allows medicare beneficiaries to evaluate their Medicare Advantage Plans and part D, prescription drug plans, and shift to different providers if it makes sense. Votava is a...

Duration:00:19:04

Successful Investing: Timeless Advice

11/21/2020
Can investing be simple? Can we stop worrying about what’s happening on Wall Street, in Washington, with Fed policy, inflation, corporate earnings, and numerous other headline-making concerns? Can we just get on with our lives and still invest successfully? According to this week’s guest, the answer is yes, and we shouldn’t even care what the market is doing. What should we care about? How should we invest? That is the focus of this week’s exclusive WEALTHTRACK interview. Our guest is...

Duration:00:26:20

China’s Economic Comeback Offers Specific Investment Opportunities

11/14/2020
It’s been a roller coaster of emotions for investors this week. Our focus is China. China of course is where COVID-19 originated in late 2019. It felt the impact first. It shut down vast swathes of its economy in response and it is now coming out of it, first. All indications are that the world’s second-largest economy, by some measures occasionally the largest, is making a comeback. It looks like an impressive one. The International Monetary Fund is predicting China’s economy will expand...

Duration:00:26:13

Massive Stimulus, Big Government, Low-interest Rates: 3 Megatrends Moving Markets

11/7/2020
What a week! The widely predicted blue wave of Democrats sweeping into the White House, taking over the Senate majority, and increasing their dominance in Congress has failed to materialize. As far as the stock market is concerned, a divided government is a plus because not a lot will change in the way of tax policy and regulations. Investor optimism is not shared by Federal Reserve officials who expressed ongoing concern about the economy and the recent uptick in COVID-19 cases in today’s...

Duration:00:23:55

Election Portfolio Changes From Leading Strategist Jason Trennert

10/31/2020
One of the most striking financial characteristics of the pandemic experience has been the seeming disconnect between the economy and the stock market. The economy was severely damaged by the lockdown of business and sheltering in place policies put in effect earlier this year, but until this week the market has been rising with more stocks The unemployment rate which had fallen to 3.5% last year, the lowest level since 1969, skyrocketed with the lockdowns, reaching 14.7% in April, a level...

Duration:00:29:41