Financial Sense Newshour: Recent Episodes
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Financial Sense® provides free educational resources to the broad public audience through editorials, current news and resource links on salient financial market issues. Established in 1985 as a local talk radio program, Financial Sense® Newshour is a podcast series with hosts Jim Puplava and Cris Sheridan as well as some of the top financial thinkers.
FS Insider interviews Kurt Kallaus at ExecSpec.net on the small business boom in America and how it is reminiscent of mid-cycle periods like 1994-1995 or 2004. Kurt discusses a wide range of economic indicators, what they mean for future growth, the move he's making investment-wise related to tariffs, and a whole lot more. Don't miss what he has to say in today's FS Insider podcast!
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Related:China Syndrome: Tech Leads, Industrials LagBacklog Logjam Signals Middle InningsPeak Optimism, Not Peak Stocks or EconomyPending Market Boom Held Hostage by Trade War Risk
Matthew Kerkhoff, Chief Investment Strategist at Model Investing, tells FS Insider that they are completely out of the bond market with increasing inflationary pressures and the negative drag bonds are having on investor portfolios. Matthew and FS Insider host Cris Sheridan discuss the tariff situation, the macro outlook, leading economic indicators for the US and abroad, investment implications, and much more.
For full access to the interview, please log in and click the MP3 button or click here to subscribe. Questions? Check out our FAQ page.
Mark Kantrowitz at Savingforcollege.com joins us today to discuss 529 plans--how they fit into saving for college and education, their main benefits, how they affect financial aid, gift and estate tax benefits, which 529 plan to select and much, much more. For more information, see What is a 529 Plan?
Click here to see our full archive of prior Lifetime Income broadcasts on college planning, taxes, real estate, health, and more.
In this week's Lifetime Income podcast, we discuss the problems facing Social Security, Medicare, and the Disability trust fund, including their expected dates of depletion according to the trustee's report, and whether it makes sense to take your benefits early, depending on your current age. Topics of discussion: how much you receive at what age, any penalties or work limitations, and how a person's health needs fit into the picture as well. See how Timothy Newman approaches social security in this week's case study (see PDF presentation).
In this weeks Lifetime Income podcast, we discuss the problems facing Social Security, Medicare, and the Disability trust fund, including their expected dates of depletion according to the trustees report, and whether it makes sense to take your benefits early, depending on your current age. Topics of discussion: how much you receive at what age, any penalties or work limitations, and how a persons health needs fit into the picture as well.
In today's Big Picture podcast, Jim Puplava and John Loeffler dig into a number of comments made this week by new Federal Reserve chairman Jerome Powell on the outlook for inflation, an inversion of the yield curve, and how many more rates hikes are expected this year and next.
As we've been saying on the show for many years now, the Fed continues to raise rates until something breaks. Well, the first signs of that are being seen and the Fed (as well as other central banks) seem intent on continuing their course. What does that mean for your investments and what areas of the market will be impacted most? Listen and find out as we look at the big picture!
Mentioned during this interview:Fed summary of economic projections
After this week's market wrap-up with Ryan Puplava, Ari Wald, Head of Technical Analysis at Oppenheimer, provides an update on US and international markets, looking at the U.S. dollar, commodities, gold, the yield curve, his overall stock market outlook, the energy sector and more.
Next, Financial Sense Newshour speaks with CoreLogic's Molly Boesel to cover the U.S. real estate market. Molly discusses the continuing increase in home prices, supply-demand issues, demographic trends and the impact from Millennials, mortgage rates, and which parts of the market are seeing the greatest appreciation.
After this weeks market wrap-up with Ryan Puplava, Ari Wald, Head of Technical Analysis at Oppenheimer, provides an update on U.S. and international markets, looking at the U.S. dollar, commodities, gold, the yield curve, his overall stock market outlook, the energy sector and more. Next, Financial Sense Newshour speaks with CoreLogics Molly Boesel to cover the U.S. real estate market. Molly discusses the continuing increase in home prices, supply-demand issues, demographic trends and the impact from Millennials, mortgage rates, and which parts of the market are seeing the greatest appreciation.
In todays Big Picture podcast, Jim Puplava and John Loeffler dig into a number of comments made this week by new Federal Reserve chairman Jerome Powell on the outlook for inflation, an inversion of the yield curve, and how many more rates hikes are expected this year and next. As weve been saying on the show for many years now, the Fed continues to raise rates until something breaks. Well, the first signs of that are being seen and the Fed (as well as other central banks) seem intent on continuing their course. What does that mean for your investments and what areas of the market will be impacted most? Listen and find out as we look at the big picture!
FS Insider interviews Stratfor's Reva Goujon to discuss their third-quarter forecast, looking at how they believe things will progress between the US and North Korea after the historic meeting between Trump and Kim Jong Un, US-China trade wars and the battle over key technologies, and much more. To receive Stratfor's free weekly intelligence reports, visit their site at Stratfor.com.
For full access to the interview, please log in and click the MP3 button or click here to subscribe. Questions? Check out our FAQ page.
Related source material: Stratfor's 2018 Third-Quarter Forecast
Related podcasts:The 5G SuperorganismDr. Woody Brock on Trade Wars in a Globalized EconomyBook Interview: China's Great Wall of DebtStratfor's Reva Goujon on Tariffs, North Korean Pivot
FS Insider interviews Stratfors Reva Goujon to discuss their third quarter forecast, looking at how they believe things will progress between the US and North Korea after the historic meeting between Trump and Kim Jong Un, US-China trade wars and the battle over key technologies, and much more. To receive Stratfors free weekly intelligence reports, visit their site at Stratfor.com.
FS Insider interviews Alex Barrow, co-founder of Macro Ops, to discuss his latest macro intelligence report, A Persistent Bid, on the mathematically backed-in reason for the stock market to trend higher over the long-term and what factors also explain periods of stagnation. Alex ties his analysis into where we are today and how they at Macro Ops are currently investing.
For full access to the interview, please log in and click the MP3 button or click here to subscribe. Questions? Check out our FAQ page.
Mentioned during this interview:Macro Intelligence Report - A Persistent BidEmerging Market Outflows Likely to Continue
FS Insider interviews Alex Barrow, co-founder of Macro Ops, to discuss his latest macro intelligence report, A Persistent Bid, on the mathematically backed-in reason for the stock market to trend higher over the long-term and what factors also explain periods of stagnation. Alex ties his analysis into where we are today and how they at Macro Ops are currently investing.
FS Insider interviews James Garriss of the Browning World Climate Bulletin to discuss the impacts of the two volcanoes that erupted this year and what they also have on their radar for the remainder of 2018 when it comes to destructive seasonal weather patterns and their associated impacts on various economic regions across the globe.
For full access to the interview, please log in and click the MP3 button or click here to subscribe. Questions? Check out our FAQ page
FS Insider interviews James Garriss of the Browning World Climate Bulletin to discuss the impacts of the two volcanoes that erupted this year and what they also have on their radar for the remainder of 2018 when it comes to destructive seasonal weather patterns and their associated impacts on various economic regions across the globe.
Paul Horn, financial planner at Financial Sense Wealth Management, explains the importance of having periodic discussions about money, wealth, and finances with family members. Studies show that most believe this should be done but, unfortunately, only a small minority actually do. The reasons for this are simple and a large part of it is not knowing what and how to communicate. Listen in as Paul Horn CFP explains common challenges, pitfalls, and the basic guidelines of how to prepare heirs for a transfer of wealth and developing common values.
Click here to see our full archive of prior Lifetime Income broadcasts on taxes, real estate, health, estate planning and more.
Related:Rich Kids Are Counting on Inheritance to Pay for RetirementAmy Castoro on Bridging Generations: Transitioning Family Wealth and Values for a Sustainable LegacyAlicia Munnell on America's Coming Retirement Crisis
Paul Horn, financial planner at Financial Sense Wealth Management, explains the importance of having periodic discussions about money, wealth, and finances with family members. Studies show that most believe this should be done but, unfortunately, only a small minority actually do. The reasons for this are simple and a large part of it is not knowing what and how to communicate. Listen in as Paul Horn CFP explains common challenges, pitfalls, and the basic guidelines of how to prepare heirs for a transfer of wealth and developing common values.
This week we're going to cover the importance of leaving a legacy to your loved ones and the generation that you leave behind. This show is not just about money, but also the values you impart to your children and grandchildren along with that money. The reason this topic is so important is because most large fortunes--over 70%!--fail beyond the third generation. Why is that? That's what today's show is all about, including how to prevent this with your own family. See how Shaun and Tina Blanco approach their legacy in this week's case study, "Legacy Planning: Passing Along Values That Matter" (see PDF presentation).
This week were going to cover the importance of leaving a legacy to your loves ones and the generation that you leave behind. This show is not just about money, but also the values you impart to your children and grandchildren along with that money. The reason this topic is so important is because most large fortunesover 70%!fail beyond the third generation. Why is that? Thats what todays show is all about, including how to prevent this with your own family.
In today's Big Picture, Jim Puplava and John Loeffler discuss each of the factors that affect oil prices--supply and demand, geopolitics, financial forces--and then explain where they think oil prices are headed for the remainder of 2018. Next, in the second part of today's Big Picture, Financial Sense Newshour looks at why dividends still matter for most investors.
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Ryan Puplava, CEO of Financial Sense Wealth Management, explains what moved the market this week. Arthur Hill at Stockcharts.com joins Financial Sense Newshour as our guest technician to provide an update on the US stock market, looking at small cap stocks, the technology sector, retail, the US dollar, bonds, oil, and much more. Lastly, well-known mining geologist Keith Barron at Straight Talk on Mining argues that peak gold is here and that South America is the last frontier for undiscovered deposits.
Stay ahead of the trends! Click here for a FREE TRIAL to our FS Insider podcast
Ryan Puplava, CEO of Financial Sense Wealth Management, explains what moved the market this week. Arthur Hill at Stockcharts.com joins Financial Sense Newshour as our guest technician to provide an update on the US stock market, looking at small cap stocks, the technology sector, retail, the US dollar, bonds, oil, and much more. Lastly, well-known mining geologist Keith Barron at Straight Talk on Mining argues that peak gold is here and that South America is the last frontier for undiscovered deposits.
In todays Big Picture, Jim Puplava and John Loeffler discuss each of the factors that affect oil pricessupply and demand, geopolitics, financial forcesand then explain where they think oil prices are headed for the remainder of 2018. Next, in the second part of todays Big Picture, Financial Sense Newshour looks at why dividends still matter for most investors.
FS Insider interviews Urban Carmel at The Fat Pitch on a number of important financial and geopolitical events taking place starting next week that are likely to make the markets a bit jittery. Urban also provides an update on the US economic outlook, discussing housing, employment, wages, the yield curve, and what this means in terms of the next US recession.
For full access to the interview, please log in and click the MP3 button or click here to subscribe. Questions? Check out our FAQ page
Mentioned during this interview:June Macro Update: Unemployment Claims at a 49-Year LowFinancial Sense Chart PackWeekly Market Summary
FS Insider interviews Urban Carmel at The Fat Pitch on a number of important financial and geopolitical events taking place starting next week that are likely to make the markets a bit jittery. Urban also provides an update on the US economic outlook, discussing housing, employment, wages, the yield curve, and what this means in terms of the next US recession.
FS Insider interviews Ron Stoeferle, author of the widely-read In Gold We Trust Report, to discuss their just-released 2018 edition looking at the reasons for a new bull market in gold and how this is being confirmed relative to a wide range of currencies, including the trade-weighted US dollar. Ron covers the everything bubble in stocks, bonds, and real estate, his overall macro outlook on the global economy, and much, much more in todays exclusive FS Insider podcast.
FS Insider interviews David Marsh, co-founder and chairman of the Official Monetary and Financial Institutions Forum (OMFIF) in London, to discuss their 2018 Global Public Investor report (click here for free download) on the investment behavior and difficulties facing central banks, sovereign wealth funds, and public pension funds around the world collectively holding $36 trillion in assets.
Jim Puplava welcomes certified yoga instructor Helena Bray to discuss the numerous mental and physical health benefits of yoga, especially when it comes to the aging process. Helena explains the reasoning behind proper breathing, stretching, and strengthening poses in their relationship to flexibility, maintaining balance, strengthening the immune system, avoiding or mitigating arthritis, lowering stress, and even helping to improve digestion. If youve ever wondered about yoga or want to learn more from a certified yoga expert, this is certainly an episode you wont want to miss!
Can you enjoy a tax-free retirement, legally? It sounds too good to be true, right? Think again! One reason why people with money figure out ways to hold onto their money is by taking advantage of LEGAL methods of reducing the impact of taxes. Thats what todays Lifetime Income podcast is all about as Jim Puplava and John Loeffler walk through the amazing, and, in many cases, underutilized, benefits of tax-free bonds, dividends, health savings accounts, Roth IRAs, and more.
After this weeks market wrap-up with Financial Sense Wealth Management CEO Ryan Puplava, Dave Nicoski explains a number of interesting parallels between 1994 and today in terms of monetary policy, trade tariffs, and the financial markets. Next, we speak with Ryan Sweet at Moodys on the state of the US economy from the jobs market, impact from rising energy costs, fiscal stimulus from tax cuts, and when they think the next recession is going to hit.
In last weeks Big Picture episode, Jim Puplava and John Loeffler discussed the big risk that nobody is talking abouta liquidity crisis. Today, we dig into this topic in greater detail looking specifically at the bond market and what this means for widely-held bond funds and ETFs. Given the risks discussedand especially now that others are beginning to voice concern over this issueJim explains ways to address this and what he is doing right now for Financial Sense Wealth Management clients.
FS Insider interviews Financial Sense Wealth Management CIO Chris Puplava on the QE unwind by the Fed and other central banks now putting pressure on emerging markets, the high yield debt market, and other vulnerable regions of the globe. Chris discusses ways to asses contagion risk, amount of debt coming due in the months and years ahead, as well as his outlook for the markets the remainder of this year.
FS Insider interviews Stratfor Senior European Analyst Adriano Bosoni for a wide ranging update on the political uncertainties affecting the third and fourth largest economies in Europe, Italy and Spain, and what they expect for the remainder of 2018.
FS Insider interviews Peter Boockvar, CIO of Bleakley Advisory Group and editor of the Boock Report, on the current sell off in Italian markets as well as a number of emerging markets now that the biggest bond bubble is being unwound. Peter discusses his macro view of the global markets and provides a number of high conviction investment ideas.
In todays podcast, Financial Sense Newshour interviews Moshe Milevsky on the ins and outs of annuitieswhat they are, who theyre appropriate for, and the different types of annuities that are available, including index annuities, fixed annuities, variable annuities, and others. Moshe dispels the notion that all annuities are bad, and says it all comes down to what they contain and how they are constructed.
What steps should you be taking to make sure the emotional and financial transition to retirement goes as smoothly as possible? Today, we discuss the various stages of retirement and three most important questions you need to ask. See how Connie Schultz faces retirement issues in this week's case study (see PDF presentation).
In todays Big Picture podcast, Jim Puplava and John Loeffler explain how liquidity is the missing factor in todays risk models. Jim describes three primary trends that made liquidity the new leverage, as Goldman Sachs recently warned, via high frequency trading (HFT), passive index investing, and government regulation.
Were still in a bull market but the TINA (There Is No Alternative to equities) trade is now over, Richard Dickson, Chief Market Analyst at Lowry Research, tells Financial Sense Newshour in todays podcast. This is extremely important, he says, since investors will now be shifting more of their attention to interest rates, earnings, and other factors. Richard explains the message coming from Lowrys proprietary buying power and selling pressure gauges, which sectors of the market he likes best, which sectors hed avoid, and his thoughts on the future trajectory of the stock market.
FS Insider interviews Woody Preucil, Senior Managing Director at 13D Global Strategy and Research, on why 5th Generation (5G) wireless technology is so important in todays technological arms race. Woody discusses the impacts itll have on various industries; the amount of money that is being spent by U.S., China, and elsewhere; and how it will ultimately serve as the connective tissue between trillions of sensors measuring everything you can imagine. Subscribe to 13Ds in-depth, investment-oriented research by clicking here.
FS Insider interviews Dr. Woody Brock on the difficulty of trade wars in our modern, globalized economy, especially when many goods are not produced in the region or country they are eventually sold. Brock also takes on President Trumps goal of reducing our trade deficit with China and other countries by explaining the pre-eminent role of capital flows vs. trade flows and how most people dont understand the operation of international trade and finance, and are instead holding to outdated models of how the global economy works. Dr. Brock is a renowned economist, international speaker, and President and founder of the economic research and consulting firm called Strategic Economic Decisions (or SED). He is also the author of the must-read 2012 book American Gridlock: Why the Left and Right Are Both Wrong - Commonsense 101 Solutions to the Economic Crises.
FS Insider interviews Danielle DiMartino Booth at Money Strong on the forces currently bearing on emerging markets given the amount of dollar-denominated debt held overseas and why this is becoming a concern now that the dollar appears to be strengthening. Danielle also discusses the European bond market, Fed monetary policy, and much, much more in todays podcast. Danielle DiMartino Booth is a global thought leader on monetary policy and economics. She is the author of FED UP: An Insiders Take on Why the Federal Reserve is Bad for America, and spent nine years at the Federal Reserve Bank of Dallas where she served as Advisor to President Richard W. Fisher until his retirement in March 2015.
Financial Sense Newshour interviews Mark Kantrowitz on the new record high in student debt loans and what this means for individuals, the economy, and the markets as a whole. Mark Kantrowitz is a nationally-recognized expert on student financial aid, scholarships, and student loans.
The US just set another debt record. This time, its with college students as student debt loans now exceed $1.5 trillion. With this being graduation month for many seniors, were going to look at alternatives to the traditional 4-year college and the jobs that are in demand and pay well. Think youve got it all figured out? Well, listen up because what were going to tell you could save you a lot of money in the long run.
In todays edition of the Big Picture, Financial Sense Newshours Jim Puplava explains why its time to start hedging your portfolio based on, as Don Coxe said earlier this week on FS Insider, a convergence of storm fronts, including Fed rate hikes and quantitative tightening, emerging market troubles, and a number of other factors. Then, in the second part of todays podcast, Jim Puplava and John Loeffler discuss whether theres still an investment opportunity in the commodity sector.
Ryan Puplava, CEO of Financial Sense Wealth Management, discusses this weeks market-moving events. Next, Financial Sense Newshour speaks with Gary Dorsch at Global Money Trends on the storm clouds he sees gathering in the second half of 2018. Lastly, Kurt Wulff at McDep.com covers the oil and energy markets, looking at tight supplies, disruptions, and the most shareholder friendly companies benefitting the most from higher oil prices.
FS Insider interviews Chris Puplava, CIO of Financial Sense Wealth Management, to discuss the bonanza in stock buybacks by US companies, why risks are brewing for emerging markets, and how we now see an inversion in the private yield curve, which has flagged financial troubles in the past. Chris Puplava is a leading analyst that warned investors ahead of the 2008 financial crisis. You definitely want to hear what he has to say!
FS Insider interviews Don Coxe at Coxe Advisors on the large number of storm fronts that are converging upon the financial markets, whether in the disruption to the fundamental pricing mechanism that dictates corporate valuations or in the form of regulation and its impact on the oil markets. This is a wide-ranging interview that you certainly dont want to miss!
FS Insider interviews John Derrick at The Derrick Letter to discuss the US stock market outlook and what sector performance is telling us about the sustainability of the recent rally. Derrick also provides his view on energy, energy stocks, the impact of higher oil prices on the economy and how South Korea exports are suggesting that weve now reached a key inflection point in synchronized global economic growth.
Not many people realize it yet but the tax reform bill passed by Congress late last year had some hidden impacts when it comes to the costs of divorce. Today, we discuss these with divorce lawyer, mediator, and educator Karen Covy, and why this might make it more worthwhile to kiss and make upor at least think about some alternative arrangements. Karen Covy is the author of When Happily Ever After Ends: How to Survive Your Divorce Emotionally, Financially and Legally. Karen has also developed a "divorce tool kit" for people over the age of 50, which you can access for free by clicking here.
It's that time of year for the parents of students to prepare for high school graduation and taking the next step in college planning. The cost of tuition keeps climbing and that has many parents concerned with how to manage costs when selecting colleges to apply whether private or public. On today's Lifetime Income Series episode, Jim Puplava and John Loeffler look at the cost of college overall and discuss ideas to lower debt post-graduation and how to get a higher paying job.
It's that time of year for the parents of students to prepare for high school graduation and taking the next step in college planning. The cost of tuition keeps climbing and that has many parents concerned with how to manage costs when selecting colleges to apply whether private or public. On today's Lifetime Income Series episode, Jim Puplava and John Loeffler look at the cost of college overall and discuss ideas to lower debt post-graduation and how to get a higher paying job.
Ryan Puplava talks about the Trump announcement to withdraw from the Iran deal and its implications for energy and the financial markets. Basil Chapman, host of The Tiger Technicians Hour joins us on the show to discuss how small- and large-cap stocks are in a breakout mode with bonds breaking above their long-term yield. Lastly, we speak with Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman, about his outlook on the US dollar, emerging markets, and European stocks.
In todays Big Picture episode, Jim Puplava and John Loeffler discuss how oil prices have been climbing. Now that summer is almost upon us, we look at expectations for oil prices to head toward $80 a barrel. In the second part of the Big Picture, we discuss concerns with the Federal Reserve and why we think the Fed is quickly becoming the "epic center of the next financial crisis" to face the U.S with 1) higher interest rates 2) a higher dollar and 3) rising oil prices.
Four Transformational Forces Will Provide the Foundation for a much Stronger Economy in the Future. In a special reprise edition, Jim is pleased to welcome author Joel Kurtzman, Senior Fellow at the Milken Institute and author of the new book Unleashing the Second American Century: Four Forces for Economic Dominance. Joel makes the powerful argument, that while America faces many challenges, our best days are ahead of us. Joel focuses his book on four transformational forces; unrivaled manufacturing depth, soaring levels of creativity, massive new energy sources, and significant amounts of capital waiting to be invested. Contrary to doomsday predictions, Joel believes that the U.S. is poised for a second era of economic and political dominance on the world stage. Joel Kurtzman is a consultant, writer and speaker, and an expert on management and leadership.
FS Insider interviews Jim Bianco, Macro Strategist and President of Bianco Research, to discuss his recent conference call, Regime Shifts Are Not Pretty, detailing analysis on the Feds sensitivity to market corrections, what survey data is truly revealing about the US economic outlook, and the impact a slowdown in Europe, China, and elsewhere will have on the market. To request a free trial of Bianco Researchs webcasts, analysis, and more, click here to enter your name and email address.
FS Insider interviews Lex Sokolin at Autonomous Research to discuss their recent 84-page report titled Augmented Finance (click here for a free download) on how AI is being currently applied across the financial services industry. Lex talks about the millions of financial service employees that are mainly vulnerable, the costs savings to companies, and the various methods being used.
Financial Sense Newshour interviews Chris Hennessey at Putnam Investments to discuss the magnitude of impacts expected from the recent tax reform bill and how this will affect corporations, individuals, and real estate. Chris also drills into the loss of state and local tax (SALT) deductions, who will be impacted most by this, and a number of planning opportunities, including mistakes to avoid, for 2018 and 2019. Chris Hennessey is a lawyer, CPA, and member of the Putnam Business Advisory Group with extensive consulting experience in finance, investments, taxes, and estate planning.
Everyone is aware of a major tax law that went into effect this year. Weve covered the details in past shows but, today, we put a highlight on the differences in state taxes when it comes to income, estate, property, and sales taxes. Lastly, we boil it all down and show which states are the worst once all taxes are taken into account.
Ryan Puplava discusses this weeks market-moving events. Craig Bullseye Johnson from Piper Jaffray, one of the most consistently accurate strategists on our program, says the market is facing a number of negative forces at present: seasonality, an unfavorable mid-term election cycle, and technical exhaustion signs. Johnson spells out his downside targets for the S&P 500, why hes now quite bullish on energy, and what hes doing presently in this market.
Frank Holmes of US Global Investors tells Financial Sense Newshour that even though we are entering a seasonally weak period for gold, gold stocks have never been this undervalued, and that this summer may be a good time to keep them on your radar. Holmes also talks about whether we are seeing peak gold production and the affect regulation has had on the junior mining space.
If youve been a listener for the past decade, we spend a lot of time covering the Federal Reserve for good reason. 11 of the last 12 recession were preceded by Fed rate hikes since they essentially determine the cost of borrowing. In todays Big Picture segment, Jim Puplava and John Loeffler look at the pace of expected hikes, inflation data, and how this ties to the overall outlook for the US stock market and economy. In the second segment of todays Big Picture, we look at demographics and migration, largely from the coastal states into the Midwestern corridor.
Tian Yang, Variant Perceptions Head of Research, covers their must-read Understanding Leading Economic Indicators report with FS Insider. Yang explains the three major categories that most economic data fall into, how leading economic indicators (LEIs) help identify high risk/reward trades, why most economic data in the news is lagging and not helpful for investors and, most importantly, the message coming from LEIs currently on China, Europe, Canada, and the US, especially when it comes to the outlook for inflation. This is certainly an interview you dont want to miss!
FS Insider interviews Martin Armstrong at ArmstrongEconomics.com to get his view on how the Fed is really raising interest rates to prevent massively underfunded pensions around the country from going broke and why politicians and the Federal Reserve are unlikely to prevent the crisis from happening. Armstrong also discusses debt comparisons between China and the U.S., political problems in Europe, and how those living outside of the U.S. view most of the news and political bias coming out of major American media outlets.
FS Insider interviews well-known market forecaster Avi Gilburt of ElliottWaveTrader.net to discuss his outlook on gold, the gold mining complex, oil, and the S&P 500. Gilburt is a leading market forecaster and technician utilizing Elliott wave theory and Fibonacci mathematics to identify high-probability turning points in almost every asset class. Avi explains his methodology, how it works, and also provides his outlook on the cryptocurrency Ethereum. Don't miss what he has to say!
In todays Lifetime Income podcast, Financial Sense Newshour interviews Maureen Keeley, professor of interpersonal communication at Texas State University and the co-author of Final Conversations: Helping the Living and the Dying Talk to Each Other, on the six categories of communication that help bring peace to those in their final years.
The Employee Benefit Research Institute just released its 2018 retirement survey and it showed that confidence is dropping due to larger than anticipated expenses in later years, most notably medical expenses. In todays Lifetime Income podcast, we address this problem and the importance of considering this when it comes to retirement planning and why individuals need to factor in worst-case scenarios into their budgeting process.
After this weeks market wrap-up with Ryan Puplava, Financial Sense Newshour speaks with renowned market technician John Roque at Key Square Capital Management to discuss the bubble-like weightings of financial and technology stocks in the S&P 500, his target on 10-year yields, and much more. Click here for full chart pack.
In todays podcast, Financial Sense Newshour speaks with Chris Puplava to discuss his recent quarterly newsletter, We Are About to See Whos Swimming Naked, on the central bank liquidity drain, rollover in anticipatory leading indicators, and increased volatility of the US stock market during mid-term election years.
Oil has transformed the Middle East from a piece of desert to the center of one of the most strategic resources in the world. Dr. Ellen Wald, author of Saudi, Inc.: The Arabian Kingdoms Pursuit of Profit and Power, tells of Saudi Arabias goal to retool their economy away from a dependency on oil to hi-tech manufacturing, especially given the inevitable global push towards alternative energies.
FS Insider interviews Damaris Colhoun at 13D Research to pull back the curtain on Facebook, Cambridge Analytica, and the further integration of big data, surveillance, and AI to persuade, influence, and alter human behavior at the subconscious level. As Damaris explains, social theorists refer to this as gamified obedience and each country has its own style of implementing the latest and greatest in social engineering technologies.
FS Insider interviews Emily Hawthorne, Middle East and North Africa analyst at Stratfor, to discuss their outlook and assessment of current geopolitical problems in Syria, including the recent missile attack, strategic interests by various regional powers, and whether this could lead to a greater power conflict. For more information on Stratfors geopolitical forecasts, visit their website at www.stratfor.com.
FS Insider interviews Justin Smyth at Next Big Trade to discuss how to use stage analysis to trade global markets, specific sectors, and individual stocks. Smyth walks listeners through his stage analysis screening tool that automatically ranks markets by their individual stages, originally developed by legendary Wall Street investor Stan Weinstein.
Financial Sense Newshour speaks with estate planning attorney Todd Schneider of Goodwin Brown on the many impacts recent tax changes will have on individuals when it comes to estate and tax planning, wealth preservation, and other areas. Schneider explains the importance of getting an estate plan checkup, especially in light of increasingly aggressive inheritance taxes by a variety of states. For more information about Todd and Goodwin Brown, click here for contact info.
After this weeks market wrap-up with Ryan Puplava looking at earnings reports, inflation data, oil, and more, Financial Sense Newshour speaks with John Kosar at Asbury Research to discuss the message from his protection model and why its currently firing on all cylinders. Next, Jim Puplava provides his big picture view of the investment landscape by looking at Money, Oil, and Markets.
Next to the equity in your home, your pension (or 401k) typically represents the largest asset you own. Thats why protecting such an important and valuable asset should be a top priority, especially if you plan on using it during retirement. In todays Lifetime Income episode, we discuss the concept of sequence risk and why a 60-40 stock-bond portfolio is not always the best approach.
Where is the US housing market headed? Real estate expert Kathy Fettke at Real Wealth Network discusses the most recent data and some of the longer term trends providing opportunities and risks, depending on the area of the country you choose to live or invest. Kathy discusses the states that still have room for price appreciation based on inventory levels, demand, and why she sees the best value in farmland.
After this weeks market wrap-up with Ryan Puplava looking at earnings reports, inflation data, oil, and more, Financial Sense Newshour speaks with John Kosar at Asbury Research to discuss the message from his protection model and why its currently firing on all cylinders. Next, Jim Puplava provides his big picture view of the investment landscape by looking at Money, Oil, and Markets.
FS Insider interviews well-known forecaster Ed Yardeni to discuss his latest book, Predicting the Markets, the calls hes made, the indicators he believes are most important for investors to follow and understand where the market is headed, why hes optimistic currently, and much, much more. Buy Predicting the Markets on Amazon by clicking here.
FS Insider interviews Eoin Treacy at Fuller Treacy Money to discuss the importance of the recent breakout in crude oil, the problems and opportunities this creates for investors, in addition to his outlook on global markets, bonds, commodities, and more.
FS Insider interviews Chris Steel at ITR Economics to discuss their economic and commodity outlook. Chris explains the four phases of the business cycle, where we are currently, what they expect for the remainder of this year into 2019, and how this relates to their view on industrial commoditiessteel, copper, and othersespecially in light of Chinas construction sector and the impact from tariffs. For more information on ITR Economics and the information discussed in todays interview, click here to visit their website.
Financial Sense Newshour interviews Yolanda York, Social Security Public Affairs Director for San Diego County, to discuss everything you need to know about Social Security and Medicare, including income levels and tax implications, how much you can earn and at what age, how benefits are calculated, and much, much more. Yolanda also discusses the importance of signing up for a my Social Security account online, which you can do at https://www.ssa.gov/myaccount.
If you live in the U.S., the tax filing deadline is Tuesday, April 17th, so you still have a few more days left. In today's Lifetime Income podcast, we discuss the 5 key components of any comprehensive tax planning strategy, including the cost of living in the state you live (or desire to move to), state income taxes, estate taxes, and more.
In the second segment of today's Big Picture, we survey the macro-landscape for major countries and regions across the globe. What are the leading economic indicators saying? Are central banks loosening or tightening? What about debt levels? Hear the answers in today's broadcast.
After this week's wrap-up with Ryan Puplava, Frank Barbera discusses a classic late-cycle technical setup on the broader stock market and two areas that he believes are poised to do best. Next, we speak with John Ing who is forecasting a major move for gold in the next 18 months. John discusses geopolitical catalysts, gold market fundamentals looking at a peak in Chinese production in 2020, and more.
Mountains of debt were behind the financial crisis in the last decade and now they have risen again. In today's Big Picture episode, Jim Puplava and John Loeffler discuss the debt supercycle--what it is and where the risks are currently concentrated.
FS Insider interviews Michael Pettis to discuss how global trade actually works today, why leaders should be worried about large deficits and why trade tariffs wont fix the problem. Pettis also explains which countries are impacted most during a global trade war, his outlook for industrial and agricultural commodities and much, much more. Pettis is the author of several books including his most recent, The Great Rebalancing: Trade, Conflict, and the Perilous Road Ahead for the World Economy, a senior fellow at the Carnegie Endowment for International Peace, and also a professor of finance at the Guanghua School of Management at Peking University in Beijing.
FS Insider interviews Cathy ONeil, author of the must-read book Weapons of Math Destruction: How Big Data Increases Inequality and Threatens Democracy, to explain the controversy surrounding Facebook, Cambridge Analytica, and why this is just the beginning of a big data political machine arms race involving subtle manipulation of voters on both sides. Cathy also discusses how extensively algorithms are being used todayin almost all areas of our livesthe problems this is creating, and what she thinks we need to do about it.
FS Insider interviews China expert Dinny McMahon to discuss his must-read book, Chinas Great Wall of Debt: Shadow Banks, Ghost Cities, Massive Loans, and the End of the Chinese Miracle. Dinny spent ten years as a financial journalist in China, including six years in Beijing at The Wall Street Journal, and now lives in Chicago where he works at MacroPolo, a think tank focused on Chinese economic issues. In this interview, Dinny covers the unprecedented pace at which China has grown its debt, why they are having a hard time reversing course, and why Chinas economic ascent is going to face major headwinds in the years ahead. Buy the book on Amazon by clicking here.
In a special reprise edition, Financial planners Jim Puplava and Paul Horn discuss the variety of impacts the recently passed tax bill will have on the real estate market and what investors can do to prepare and possibly benefit via the use of REITs and other investment vehicles. See Pauls recent article, Real Estate Investors Face Potential Benefits Under Tax Bill.
Everyone should know by now that the tax laws changed for 2018. But what many people dont know is how to use these changes to their benefit, especially for retirement. In todays Lifetime Income episode, Financial Sense Newshours Jim Puplava discusses what you need to know when it comes to tax-related financial planning strategies for those in or near retirement.
Peak oil has largely been dismissed in the wake of technological advancements and shale oil, but that doesnt mean prices cant see dramatic spikes from time-to-time. In todays Big Picture, we go in-depth into oil supplies, global oil demand, geopolitical developments, and a number of factors that are bubbling underneath the surface to form the perfect energy storm.
It was a volatile week in the stock market again. Ryan Puplava, CEO of Financial Sense Wealth Management, covers this weeks market wrap-up looking at the tit-for-tat tariff announcements between US and China, economic data, and more. Next, we speak with Louise Yamada of LY Advisors on the technical outlook for the stock market, bonds, and commodities before wrapping up with an update on the energy markets with Robert Rapier at R-Squared Energy. Robert looks at energy infrastructure bottlenecks, the divergence between oil and energy company stock prices, MLP companies getting hit, and why he believes we are sleepwalking into another oil crisis.
FS Insider interviews Daniel Nevins at Nevins Research to discuss a paper just released by a team of Wall Street economists and leading academics concluding that QE didnt work and how, Nevins explains, this only means that the US Fed Reserve is likely to be much more aggressive in the next crisis. Nevins discusses comments by the previous Fed chair Bernanke, NY Fed President Bill Dudley, and the actions of other central banks to do whatever it takes in the event of a crisis.
FS Insider interviews Matt Townsend at Bloomberg to get an update on why Americas retail apocalypse is really just beginning, as he reported last November, looking at the confluence of massive debt issuance now coming due, higher debt servicing costs, and the prospect for further bankruptcies in the retail space (and other industries) accelerating over the next several years.
FS Insider interviews Erin Swenlin, Senior Technical Analyst at StockCharts.com, on the markets make-or-break moment as we are now trading around a number of key technical levels. Erin discusses her outlook on the S&P 500, the importance of certain sectors as bull or bear market signals, the message currently provided by various technical indicators, as well as her outlook on gold, the US dollar, oil, and bonds.
Ken Fisher hates annuities. Should you hate them too? Today, on Lifetime Income, we discuss the good, bad, and ugly when it comes to annuitiesand why they are sometimes appropriate. We look at them from the perspective of longevity risk (i.e. outliving your assets), their estate planning advantages, and why todays annuities are quite different than the ones that existed 15 years ago. Our guest for todays program is Mike Robinson, a 24 year veteran of the insurance and financial services industry at The Blue Print, an insurance partner for RIAs and comprehensive wealth advisors.
There's nothing like increased volatility and a severe drop in the stock market to refocus investors on risk. In today's Lifetime Income podcast, Jim Puplava and John Loeffler discuss a new survey that was just published looking at two groups of people: those that are retired and those that are 15 years away from retirement. What this survey found was quite revealing and shows, yet again, the almost inescapable tendency for investors to take on too much risk at the wrong time. This is certainly a conversation you won't want to miss!
After this weeks market wrap-up with Ryan Puplava, Robin Griffiths at ECU Group looks at the prospects for the S&P 500 facing a death cross, where the 50-day moving average crosses below the 200-day, something that has happened only a handful of times since 2009, and also dives into signals coming from sector rotation, the yield curve, and the overall economic backdrop. Lastly, Dave Morgan at The Morgan Report gives an update on the precious metals sector and explains why, according to futures positioning, silver may be in store for a rally.
It's been 10 years since the financial crisis of 2008, an event that brought the global economy to the brink of disaster. Some would say that we are in a much better place today, a far cry from the excesses we saw then. In today's Big Picture, we assess the macro-health of the global financial system by examining where are today--particularly any areas that are in worse shape--and then address one of the main factors that nearly always leads to trouble. Then, in the second half of today's broadcast, given the recent scandal with Facebook and their exploitation of user data, we are re-airing an eye-opening interview with security professional Bruce Schneier on his prescient book, Data and Goliath: The Hidden Battles to Collect Your Data and Control Your World.
FS Insider interviews Claudio Grass at Precious Metal Advisory Switzerland on current drivers in the gold marketreal interest rates, the Japanese yen, geopolitical uncertaintyand to also discuss the latest development in Switzerland to use Bitcoin, Ethereum, and other cryptocurrencies for an increasingly wide range of transactions.
FS Insider interviews Charles Gave of Gavekal Research on what happens to bonds, stocks, and, most importantly, most investors portfolios when the 30-year downtrend in inflation reverses. Charles discusses his overall macro outlook, investment implications as it relates to stock-bond correlations during past inflation cycles, what this means for diversification, and the specific asset classes that historically do well or poorly in such an environment.
FS Insider interviews Jeffrey Christian, Managing Partner at CPM Group, to discuss their outlook on the gold and silver market. Jeff explains how tariffs, trade wars, increasing debt levels, and a future financial crisis play into their long-term favorable outlook and timeframe for a sharp rise in metal prices.
Financial Sense Newshour speaks with Dr. Michael Greger, internationally-renowned nutrition expert, physician, and founder of NutritionFacts.org, about his latest book, How Not to Die: Discover the Foods Scientifically Proven to Prevent and Reverse Disease. In his book and through this interview, Dr. Greger examines the fifteen top causes of premature death in America--heart disease, various cancers, diabetes, Parkinson's, high blood pressure, and more--and explains how nutritional and lifestyle interventions can sometimes trump prescription pills and other pharmaceutical and surgical approaches to help prevent and reverse these diseases, freeing us to live healthier lives.
In todays Lifetime Income episode, Financial Sense Newshour discusses the range of costs associated with caregiving in later years, the various phases in which these typically occur, and the importance of planning for different scenarios, especially in light of what is and isnt provided by the government through Medicare.
Ryan Puplava covers this weeks events looking at the big drop in the stock market, Facebook hitting the tech sector, Fed chairman Powells first press conference, Chinese tariffs, and more. Next, Financial Sense Newshour speaks with Tom McClellan, noted market timer and editor of the McClellan Market Report, who believes the stock market is entering a bear market. Lastly, we speak with Greg Weldon at Weldon Online to discuss the dollar, gold, and his concerns over a consumer credit bubble.
Trumps recent tariffs on Chinese goods are raising fears over an international trade war. Is the President of the United States leading the global economy down the road to disaster, similar to what we saw in 1930 with the Smoot Hawley tariffs? In this weeks Big Picture, Financial Sense Newshours Jim Puplava looks at whether these fears are justified and if recent market volatility is providing a warning sign of things to come.
FS Insider interviews Bill Studebaker, President of ROBO Global, to discuss how China is making a strategic, long-term goal for economic and military superiority with heavy investments in advanced robotics and AI. Studebaker explains why China has an edge in this race and where other countries are falling behind.
FS Insider interview Andrew Zatlin at Moneyball Economics on why San Francisco is seeing a massive outflow of residents and how this fits into Trumps larger agenda when it comes to taxes, spending, and building support for Republican candidates for this years mid-term elections. Zatlin also discusses his thoughts on cryptocurrencies and blockchain technology.
FS Insider interviews Kurt Kallaus at ExecSpec to discuss his market and economic outlook, whether investors should be concerned about Trump starting a full-fledged trade war, as well as what most economists and other experts miss when it comes to the topic of wages and why they arent rising as fast as most people would expect at this point in the economic cycle.
In todays Lifetime Income podcast, Financial Sense Newshour interviews Rick Sharga, Executive Vice President at Carrington Mortgage Holdings, to discuss headwinds facing the overall real estate market and select areas that are still likely to do well long-term. Key topics discussed: home affordability, regional issues, government regulation, interest rates, construction, California, demographics, taxes, and real estate opportunities.
In todays Lifetime Income episode, Financial Sense Newshour discusses the reasons why investors may want to look at other investments besides mutual funds when it comes to producing income and what those alternatives are.
The Fed will meet next week and likely raise rates for the 6th time. Long-term interest rates have also steadily risen, and risen sharply since last Fall. On todays Big Picture, Jim Puplava and John Loeffler look at whether a new bear market in bonds has begun and, if so, what it may look like going forward.
Ari Wald, Head of Technical Analysis at Oppenheimer, says US markets are in a time correction and that we are transitioning to the final stage of the bull market. Next, international mining geologist Ralph Bullis discusses shifts in global gold production from South Africa to China, whether we are at or near peak gold, and the new exploration frontiers.
FS Insider interviews Jim Paulsen, Chief Investment Strategist of The Leuthold Group, on how investors can prepare for a sideways volatile market this year, especially in light of economic data and recently developing trends. Paulsen discusses wage inflation, fiscal and monetary policy, the bond market, and investment strategy when it comes to sector allocation and timing.
FS Insider interviews Urban Carmel, lead writer at The Fat Pitch, to discuss his latest macro update looking at the US jobs market, housing, the outlook for inflation, and much more. Urban says that they used the February correction as a buying opportunity and are now looking for a mean reversion in the bond market.
FS Insider interviews Jeffrey Hirsch, editor of Stock Traders Almanac and Chief Market Strategist at Probabilities Fund, to get an update on his market outlook, including a brief overview of the five different market components he trackspsychological, fundamental, technical, monetary, and seasonal. Hirsch explains why he believes 2018 will still be a decent year for the market, why investors should expect a volatile summer, and, lastly, reiterates his long-term thesis that we are in the midst of a secular bull market and how that relates to the super boom forecast he originally gave in 2010, a year after the markets last major bottom.
In todays Lifetime Income episode, Jim Puplava and John Loeffler provide their thoughts on US News and World Reports most recent analysis of the Best States to Live, focusing on the 10 best and 10 worst when it comes to healthcare, education, taxes, cost of living, and housing.
After this weeks market wrap-up with Ryan Puplava, Dave Nicoski of Vermilion Research explains how the stock market is in a consolidation mode with the possibility of the economy towards a growth recession based on a number of trends, including the behavior of long-dated financing sectors like autos and housing. Next, Lastly, Dan Steffens at Energy Prospectus Group gives an update on oil and the energy markets with a look at OPEC production, overestimates from the IEA and EIA, and misperceptions on shale. Dan says there are a ton of bargains in the energy sector currently.
Chris Puplava discusses three key themes for 2018rising inflation, volatility, and sentimentand how this relates to Financial Sense Wealth Managements late-cycle investment strategy with regards to stocks, bonds, commodities, energy and gold. Chris argues that the bull market and economic expansion is not yet over, but that headwinds are in view and investors should be thinking about steps to manage downside risks. For associated charts and data, please see Chris latest piece, Game Plan for Late-Cycle Investing, published March 5, 2018.
FS Insider welcomes Trace Mayer, one of the worlds leading bitcoin experts and also the host of the widely-listened to Bitcoin Knowledge Podcast, to discuss the latest developments in bitcoin and the wider cryptocurrency space. Trace and FS Insider host Cris Sheridan flesh out the idea that bitcoin is progressively moving towards its last and final stage as a world reserve settlement currency, especially given recent events in the past few months.
FS Insider interviews Dan Amermanauthor, speaker, and financial consultant at DanielAmerman.comto discuss why a nation that is $20 trillion in debt has fundamental constraints when it comes to interest rates that would not exist at lower debt levels, he explains, and that these constraints are likely to have a powerful influence on future yields and prices in all the major investment categories, including stocks, bonds, real estate and precious metals.
FS Insider welcomes Trace Mayer, one of the worlds leading bitcoin experts and also the host of the widely-listened to Bitcoin Knowledge Podcast, to discuss the latest developments in bitcoin and the wider cryptocurrency space. Trace and FS Insider host Cris Sheridan flesh out the idea that bitcoin is progressively moving towards its last and final stage as a world reserve settlement currency, especially given recent events in the past few months.
FS Insider interview Reva Goujon, VP of Global Analysis at Stratfor, on Trumps recent tariff announcements and whether comparisons to Smoot-Hawley tariffs in 1930 are valid. Reva also provides Stratfors assessment on recent talks between Kim Jong Un and South Korean officials in terms of this being a major diplomatic shift by the North Korean regime or a short-term negotiations tactic. Listen to find out! To receive Stratfors free weekly intelligence reports, visit their site at Stratfor.com.
Our Lifetime Income guest this week is Laurence Kotlikoff, Professor of Economics at Boston University and one of the leading experts on Social Security. Larry says that Social Security is absolutely going broke and, according to the figures, is even more underfunded than the city of Detroit. Unfortunately, politicians are trying to ignore the problem because it is just too big, he says.
Today were going to talk about tax breaks that make paying college easier. The new tax law not only cut individual tax rates but made it easier to save for your childrens education. We take a look at the various plans, investment choices, and other details you need to know in todays Lifetime Income episode.
In todays Big Picture episode, Jim Puplava and John Loeffler explain why the market didnt like the new Fed chairs comments, which kicked off some selling, and how that relates to the broader pattern weve been discussing looking at the intermarket sequence with a peak in bonds, stocks, and commodities.
Ryan Puplava, CEO of Financial Sense Wealth Management, discusses this weeks market-moving events looking at comments from the new Fed chairman Jerome Powell and renewed concern over tariffs, potential trade wars, and more. Next, Financial Sense Newshour speaks with Gary Dorsch at Global Money Trends on so-called corporate QE, and why he believes a higher 10-year Treasury yield could break the bull market now only a week away from being 9 years old. Lastly, we speak with Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman, about his outlook on the US dollar, emerging markets, and European stocks.
FS Insider interviews John Derrick at The Derrick Letter to get an update on his outlook for the global markets and economy in the wake of the 2018s heightened volatility. John discusses the number of advanced economies around the world still expanding, late-cycle investment strategy, the possibility for continued weakness in the short-term, and much more.
FS Insider interviews cybersecurity expert Jeremy Straub, associate director of the NDSU Institute for Cyber Security Education and Research, on the modern Cold War of today involving a massive stockpiling of cyberweapons and capabilities by global powers and the range of interesting scenarios that may unfold in the years ahead on how to use them.
FS Insider interviews Don Coxe, Chairman of Coxe Advisors, on the many historical lessons for todays environment. In this wide-ranging interview, Don discusses the evolution of the meaning robot and the impact of automation to the origin of democracy itself. Don also discusses investment strategy, sectors of the market he favors, and his outlook for the global markets and economy.
Todays Lifetime Income guest is Daniel Borenstein, an award-winning columnist for the Bay Area News Group and editorial page editor of the East Bay Times. Daniel thinks large pensions can be this nation's next big crisis. Pension plans are assuming too high of a rate of return and are promising benefits that are unsustainable. Find out why he believes pension risk can be minimized.
Over the years we have discussed the topic of sequence risk to avoid bear markets issues at the beginning of retirement. Another aspect impacting many who are retired is the Feds Quantitative Easing program, bringing about historical low-interest rates. Were discussing today the process of avoiding sequential risk 10-15 years before you retire. The last thing you want to do is set a retirement date and then go through a bear market just before that.
In todays Big Picture episode, Jim Puplava and John Loeffler discuss how economic growth is picking up with commodities rising along with inflation. These events are unfolding as we go through a transition from a disinflationary to an inflationary environment.
Art Hill at Stockcharts.com joins Financial Sense Newshour for an update on why he believes treasuries are no longer acting as a hedge against market volatility; financials and technology sector are still leading the market, confirming that the bull market is intact. Something is putting pressure on the US dollar that Hill finds concerning. Next, Ned Schmidt, publisher of the Value View Gold Report and Agri-Food Value View, comments that gold is in an uptrend along with oil that is undergoing a transitioning from deflation to inflation. Schmidt also sees the Ag sector doing well as the falling dollar enhances commodities prices. He's bullish for the Ag sector and bullish for gold. The grain distribution market is consolidating with ADM attempting a takeover of Bunge.
FS Insider interviews Danielle DiMartino Booth, Founder of Money Strong LLC. and author of FED UP: An Insiders Take on Why the Federal Reserve is Bad for America to discuss the current environment at the Federal Reserve. She reveals a number of issues with Fed Policy and inflationary pressures that may spell further volatility for the markets ahead.
FS Insider interviews Richard Duncan on todays podcast to discuss his February Macro Watch presentation on the three major forces he sees coming together this year to create a government-induced liquidity crisis that could crush the markets. For full access to his work and future video presentations, use the coupon code financial for a 50% discount on his website by clicking here.
FS Insider interviews Dr. Alan Beaulieu, President of ITR Economics, to get an update on their outlook for an economic slowdown in the second half of this year, followed by a recession in 2019. Alan discusses the severity of the slowdown they are forecasting, based on their leading economic indicators, and what this means for various parts of the economy. To subscribe to ITRs monthly publication providing regular updates on their leading indicators, 3-year economic outlook, and more, click here.
Get a full time job in 9 months. Start your career now. No degree required. Sound too good to be true? Today, Financial Sense Newshour speaks with Cameron Sorsby of Praxis, a 9-month startup apprenticeship program, which boasts a 98% graduate employment rate, about how it works, what they do, and why they started it. Learn more by hearing what he has to say or apply by clicking here.
We often discuss retirement studies and how many of them dont paint a pretty picture for Americans in the decades ahead. Today, we pick up this theme again, building on last weeks interview with retirement expert Alicia Munnell and her book, Falling Short, by looking at why this will be a personal crisis for many across the nation, what the government is planning to do, and the action plan many individuals need to take.
After this weeks market wrap-up, Financial Sense Newshour interviews Richard Dickson of Lowry Research on the recent market correction, massive rebound, and what theyre seeing with their buying power and selling pressure indicators, which he says are showing some of the strongest readings hes ever seen. Next, well-known mining geologist Keith Barron discusses his outlook on the gold mining sector, including the approach of peak gold.
In todays Big Picture episode, Jim Puplava and John Loeffler look at the possibility of entering the final phase of this bull market and how that relates to the brewing conflict between the Federal Reserve and US government. How is this likely to play out in terms of the US economy and markets? Listen to find out.
FS Insider interviews Gary Shilling to discuss his most recent Insight newsletter on risks to the current market and economy, his concerns over Social Security, Medicare, and when these programs are likely to run out of money, and a large list of other topics during this 40-minute interview.
FS Insider interviews Axel Merk, President and Chief Investment Officer of Merk Investments, to discuss how the low-volatility trade finally failed, what this means for traditional risk-parity strategies that leverage their bond positions, why he's neutral on equities and the areas he believes will outperform at this point in the market cycle.
FS Insider interviews J.B. Silvers, Professor of Health Finance at Case Western University, on the recent announcement by Amazon, Berkshire Hathaway, and JPMorgan Chase to create an independent company to offer health care to their million-plus employees and why this may be quite disruptive given the collective resources of these three companies.
Todays Lifetime Income guest is Alicia Munnell, co-author of the must-read book, Falling Short: The Coming Retirement Crisis and What to Do About It. Alicia, director of the Center for Retirement Research at Boston College, says Social Security will be in trouble for most Americans now in their 40s and 50s, something that the US government is not taking seriously, which means three key choices for most individuals.
After two years of stability, volatility has come roaring back into the markets. In todays Lifetime Income segment, Jim Puplava discusses the steps that investors should be taking if a bear market is on the horizon, especially when it comes to bonds. Jim looks at the benefit of a laddered bond portfolio in a rising rate environment, the use of active bond managers, and how to position ones stock portfolio according to where we are in the business cycle.
In todays Big Picture, Jim Puplava looks at how much stocks, bonds, and commodities have corrected off their highs, the catalysts and underlying causes, and how algo trading played a role in the swiftness of the decline. In the next segment, Jim explains how we are climbing a stock market peak characterized by a particular sequence of events and what investors should think about doing as this process plays out.
Ryan Puplava, CEO of Financial Sense Wealth Management, discusses the volatile sell-off in stocks this week. Craig Bullseye Johnson from Piper Jaffray, one of the most consistently accurate analysts on our program, explains why he thinks stocks have further downside and why bond investors need to be particularly careful given the multi-decade shift in rates. Lastly, Kurt Wulff at McDep.com covers the oil and energy markets and why oil is likely seeing only temporary softness prior to the driving season.
FS Insider interviews Chris Whalen, publisher of The Institutional Risk Analyst, on the recent rise in rates, why this presents a problem for the Fed and the new chairman, how China is a key piece to the dollar puzzle, and the headwinds facing the real estate market and how banks are positioning themselves.
FS Insider interviews Ed Clissold, Chief US Strategist at Ned Davis Research, on the recent market correction, how to tell if this is the beginning of a major top in the market or a normal reversion to the mean after one of the longest non-stop runs in market history. Ed discusses factors that could derail the bull market and their high-conviction trades for 2018.
FS Insider interviews Lakshman Achuthan, co-founder of the Economic Cycle Research Institute (ECRI), to get an update on their outlook for the US and global economy based on their long-leading indicators, which, he says, are now turning down. Lakshman discusses why the Trump tax cut is unlikely to prevent a slowdown and also provides his thoughts on recent market turmoil related to inflationary pressures, Fed policy, and more.
Financial Sense Newshour interviews Judi Bar at the Cleveland Clinic Wellness Institute on the numerous health benefits of yoga and why. Judi also explains how yoga doesnt have to be done in a specialized classroom or studio but can be done from the comfort of your chair, cubicle, or workstation with very simple poses and daily exercises (see here).
In todays Lifetime Income episode, Jim Puplava and John Loeffler focus on the bond market, particularly bond funds, and the risks they face in a rising rate environment. Of course, not all bond funds are created equal so the question is, which ones will be negatively affected more than others and what should investors do to protect themselves? Listen in as we answer these questions and more.
After this weeks market wrap-up with Ryan Puplava, Financial Sense Newshour speaks with Renaissance Macros Jeff deGraaf (click here for slides, free trial) on the US stock market outlook looking at interest rates, the yield curve, what the credit markets are saying, and more. Next, John Ing gives an update on the gold and precious metals markets.
Chris Puplava, Chief Investment Officer at Financial Sense Wealth Management, discusses the four key drivers behind most bear markets and whether they are currently giving any warning signs. Chris also explains why, even with recent tightening, the Fed is still loose by historical standards and not giving any indication of killing the bull market either. For related charts and data, see Records Were Made to Be Broken.
FS Insider interviews Anatole Kaletsky at Gavekal Research on how, after being bullish on the markets and global economy since 2009, has now turned much more cautious given recent events. Anatole and Financial Sense Newshour host Jim Puplava discuss the broad investment landscape, strategy implications, areas they like and more.
FS Insider interviews Ian Haydon, a doctoral student and researcher at the Institute for Protein Design, to discuss recent scientific breakthroughs in both reading and writingthat is, creatingnew forms of DNA, proteins, and other biological structures that dont exist in nature. Topics discussed: computational biology, crowdsourcing, Moores Law, synthetic DNA and proteins, Frankenstein, CRISPR gene editing, and much more.
FS Insider interviews Matthew Kerkhoff, Chief Investment Strategist at Model Investing, on what the Federal Reserve Bank of San Francisco has revealed when it comes to inflationand why its so hard to predict. FS Insider host Cris Sheridan makes the case that this further reinforces the idea of automating the Fed.
In todays Lifetime Income episode, Jim Puplava and John Loeffler go through the three biggest expenses in retirement and why, as studies show, planning for long-term care is extremely important when it comes to not running out of money. How do you do this? We offer six helpful strategies to consider.
Robotics, automation, and AI are reshaping the world around us in profound ways, affecting everything from financial market trading, to inflation, to factory floors and worker pay. In part 1 of todays Big Picture segment, Jim Puplava discusses the technological revolution underway and what this means for the future of our economy and the society at large. Next, in part 2, we look at Ray Dalios comment last year of dancing closer to the exit door and whether that is still warranted in light of the recent tax bill and other economic data points.
Jim Puplava, president of Financial Sense Wealth Management, gives today's wrap-up on the market. Jonathan Krinsky, Chief Market Technician at MKM Partners, provides his technical outlook on US and global markets, noting how Japan has broken out of a 25-year base with many other regions, he believes, just starting their advance. Next, Frank Holmes of US Global Investors gives an update on commodities, gold, and why 2018 may be a pretty good year for resource investors.
FS Insider interviews Andrew Zatlin of Moneyball Economics on Trumps economic strategy heading into this years midterm elections, followed by a major infrastructure bill to help propel him into a second term. Zatlin also explains why he believes dollar weakness is only temporary given it is being used as a policy tool in trade negotiations.
FS Insider interviews Daniel Braz of State Street Global Advisors on their recent 2018 Market Outlook covering the top concerns by investors, three ETF strategies they are focused on for this year, where the herd is moving, their thoughts on valuations, best plays outside of the US, and much more.
FS Insider speaks with Jeffrey Saut, Chief Investment Strategist at Raymond James, to get his outlook on stocks, bonds, energy, precious metals (gold and silver), the recent tax cut, Trumps next move on fiscal policy and much, much more.
Financial planners Jim Puplava and Paul Horn discuss the variety of impacts the recently passed tax bill will have on the real estate market and what investors can do to prepare and possibly benefit via the use of REITs and other investment vehicles. See Pauls recent article, Real Estate Investors Face Potential Benefits Under Tax Bill.
Last week we discussed getting into retirement shape and what you need to do five or ten years before you retire (listen here). In todays Lifetime Income episode, we look at the worst possible situation that many Americans are finding themselves inrunning out of money in retirementand a number of options that are available to either prevent or mitigate this problem.
Wall Street forecasters and professional economists often get it wrong during major turning points. In the first part of todays Big Picture, Jim Puplava discusses why the prediction job, whether that be predicting a recession or major market top in 2018, has gotten even harder. That doesnt mean people should just give up, however, because there are still some key elements to watch when it comes to formulating an outlook. In the second part, we discuss why oil is well and good, offering some greater context and strategy around comments made by Robert Rapier in the last program.
Ryan Puplava of Financial Sense Wealth Management discusses the breakdown in the dollar, move in interest rates, and how this is affecting a variety of other markets and sectors. Next, Robert Rapier at R-Squared Energy offers an update on oil prices and his outlook for 2018, looking at production, geopolitics, best place he believes to invest, and more. For a full archive of prior shows and daily updates, click here.
Bill Studebaker, President of ROBO Global, the first company to track the robotics, automation, and artificial intelligence (RAAI) sectors, discusses the strong performance of companies exposed to these areas, why he believes we are still just in the early stages, and five predictions for robotics and AI in 2018.
The dollar has broken to new multi-year lows as central banks are shifting increasing amounts of their reserves into Chinese yuan. As a consequence, talk of a dollar collapse and the potential loss of the dollars reserve status are once again making headlines. In light of these events, we are running an interview between Jim and Steve Forbes where they discuss his 2014 book on the destruction of money and why breaking off the gold standard is a direct cause of the massive wealth inequality we see today and also a threat to the global economy as a whole.
FS Insider speaks with Deepak Dutt, CEO of Zighra, on their AI-powered continuous authentication and threat detection platform that tracks over 900 human and environmental traits to create a digital fingerprint as unique as your own DNA. Want to know where biometric technology is headed and what will soon become the industry standard for identity protection? Listen to Deepak explain how it works, why this is the model for the future of payments and authentication, how AI is a crucial component of this process, and much, much more in todays FS Insider podcast. For our full archive of weekly shows, click here.
Most families fail to transfer their wealth onto their kids and heirs, Amy Castoro of The Williams Group explains. In today's Lifetime Income podcast, we interview Amy about her new book, Bridging Generations, on why so many families have trouble and the steps that can be taken to help make that transition successful. About the author: Amy counsels and advises individuals, families, and teams on how to build trust very quickly, collaborate more effectively, and manage their mood. She offers more than two decades of experience in developing leadership competence, aligning ambition with purpose, and increasing satisfaction and productivity. Amy has worked with large and small high net worth families to build a stronger foundation of trust and communication for the successful transfer of wealth. Amy's experience with The Walt Disney Company, Adecco Corporation and Grant Thornton Management Consulting provides her with a strong foundation of leadership in organizations.
Whats the most important New Years resolution for 2018? No, its not just losing weight (although thats part of it)its getting into retirement shape! In todays Lifetime Income podcast, we cover the steps to help you do just that, including the importance of health and why this is also a very important factor when it comes to retirement preparedness. Click here to see our full archive of prior Lifetime Income broadcasts on taxes, real estate, estate planning, health, and more.
Ryan Puplava at Financial Sense Wealth Management covers this weeks market-moving events. John Kosar at Asbury Research gives an update on his correction model and the possibility for a major spike in oil. Next, Rob Bernard surveys the bond market in light of inflationary pressures, including possible strategies for investors.
In last weeks Big Picture, Financial Sense Newshour surveyed the consensus forecasts for 2018 (see here). This week, Jim Puplava provides his own forecast when it comes to the US and global economy, recession, the stock market, Fed rate hikes, the bond market and Treasury yields, oil prices and more. Click here for a complete archive of our Big Picture podcasts.
Kara Murphy, Chief Investment Officer and Senior Vice President for SunAmerica Asset Management, discusses the societal shift underway as women have now overtaking men in education level (undergraduate and graduate degrees) and also tend to realize greater investment performance as traders or for companies with women in leadership positions. As Kara explains, it isnt because woman are smarter than menits because of temperamental differences and, especially, levels of confidence, which often lead men and woman to make very different decisions when faced with uncertainty.
Jim Bianco of Bianco Research discusses the high hurdle and blowout in expectations for earnings estimates in coming weeks, why inflation is the most important topic for investors this year, and analyst myopia when it comes to central bank impacts on the equity markets. Dont miss what he has to say in todays FS Insider podcast. To request a free trial of Bianco Researchs webcasts, analysis, and more, click here to enter your name and email address.
Charles Bolin is an engineer with a background in math, computer science, and economics who has developed an investment model that tracks 30 main indicators to determine what his allocation level should be to the stock market vs. cash and bonds. Today, he joins FS Insider to discuss what goes into it, what his investment model is saying currently about the market and economic outlook, and where he sees risks ahead further into 2018 and beyond.
Financial Sense Newshour speaks with Robert Wood, Managing Partner at Wood LLP and often listed as one of Americas top-ranked tax attorneys, to discuss the monumental changes coming to individuals, particularly Californians, from the new tax bill. Wood says high-income individuals using trusts located in low-tax states are likely to be challenged with greater attempts by states like California to chase people for taxes that decide to move. Wood also covers impacts to state and local tax (SALT) deductions, what analysts believe this may to do the real estate market, and other key changes. Click here for a full archive of Lifetime Income broadcasts.
Many thought it would never get done in time but, just before 2017 came to a close, Republicans succeeded in passing a sweeping tax bill, which will have far-ranging effects on individuals, businesses, and retirees. In todays Lifetime Income segment, we look at the specific changes and what they mean for you, especially those in or near retirement. Click here for a full archive of Lifetime Income broadcasts.
In todays Big Picture segment, Financial Sense Newshours Jim Puplava covers the consensus forecasts for 2018 in addition to any outliers, outside the box forecasts, and potential surprises and black swans that could derail the bull market this year. Click here for a full archive of Big Picture broadcasts.
Ryan Puplava at Financial Sense Wealth Management covers this weeks market-moving events. Gary Dorsch at Global Money Trends discusses the boom in global markets and the overall positive economic backdrop, which he believes will persist, and how this is especially good for commodity investors. Lastly, Dave Morgan at The Morgan Report gives an update on the precious metals sector and says peak gold is here.
As the Dow crosses 25,000 for the first time ever and other major indices climb to new records, Neil Dutta, Head of Economics at Renaissance Macro Research, says US productivity is accelerating and global economic growth is still healthy. What does this mean for equity prices and how much longer can the good times last? Dont miss what Neil has to say on todays FS Insider podcast. For access to Renaissance Macros award-winning research, click here to sign for a trial.
In todays FS Insider podcast, Reva Goujon, VP of Global Analysis at Stratfor, explains what they got right in 2017, the surprises they didnt foresee, and whats in store this year for investors when it comes to geopolitical developments in Iran, China, Russia, North Korea, the US, and elsewhere. Dont miss this important update from one of the worlds leading geopolitical intelligence platforms. To receive their free weekly intelligence reports, visit their site at Stratfor.com.
The Difficulty in Measuring the Immense Complexity of Our Modern Economy. Jim welcomes Diane Coyle, who heads Enlightenment Economics, a UK consultancy specializing in the economic and social effects of new technologies. In her latest book, GDP: A Brief But Affectionate History, Diane explains the inherent difficulty in measuring the immense complexity of our modern economy and how technological innovation, the predominance of services, and other qualitative factors are leading many groups to question the validity of GDP as an accurate figure. She also discusses why hedonic pricing was invented to try and solve the problem of measuring the exploding role of technology in the mid-1990s and some of the GDP alternatives that have been proposed. Diane was previously Economics Editor of The Independent and before that worked at the Treasury and in the private sector as an economist. She has a PhD from Harvard. Diane was awarded the OBE in January 2009.
What are the various ways you can protect your assets from confiscation, high taxation, litigation or otherwise? Elizabeth Morgan of Elizabeth Morgan & Associates explains the various tools and the types of individuals that would want to use themfor example, those with a high profile or working in a high-risk profession. Topics discussed include: creditor protection, offshore trusts, and tax-free jurisdictions.
Sugar is at the root of numerous societal health problems, says Gary Taubes in his latest book, The Case Against Sugar. Today, we speak with him on Financial Sense Newshour about the history, politics, science, and impact of sugar on our bodies. What he has to say may surprise you.
In todays Big Picture podcast, Jim Puplava explains how bubbles are created and walks listeners through a number of historys most notable examples. Jims main thesis is that we are seeing another bubble today that is being primarily driven by mindless, passive investing into index funds, which continue to allocate shares into high-priced stocks regardless of fundamentals.
Financial Sense speaks with Alec Ross on his new best-selling book, The Industries of the Future, where he explains what changes are coming in the next ten years, highlighting the best opportunities for progress and explaining why countries thrive or sputter. He examines the specific fields that will most shape our economic future, including robotics, cybersecurity, the commercialization of genomics, the next step for big data, and the coming impact of digital technology on money and markets.
Cris Sheridan welcomes Bruce Schneier, Chief Technology Officer at Resilient Systems and author of Data and Goliath: The Hidden Battles to Collect Your Data and Control Your World. Bruce writes we are living in the golden age of surveillance where almost everything we do is now being tracked and used without our knowledge. Bruce speaks with Cris about how much data we produce, the way corporations are using it, the problems associated with ubiquitous surveillance, and why this is a defining issue of our time.
Cris Sheridan welcomes Brian Uzzi, a globally recognized scientist and researcher at the Northwestern Institute on Complex Systems. Brian explains the results of a study he and a team of researchers conducted showing that day traders unconsciously synchronize their trading patterns in a manner similar to the behavior of insects, birds, or schools of fish. Cris and Brian explain how this occurs not just for living organisms but with non-living things as well and how this relates to the proliferation of high frequency trading algorithms in the market. For full access to the interview, please login or click here to subscribe.
Today we are joined by National Geographic explorer Dan Buettner to discuss his research on the lifestyles and practices of various regions around the globe called Blue Zones where people live much longer than normal. As Dan explains, it is not by accident that these people live longer, healthier livesit is because of key factors that all of us can learn from and implement. Listen to the full interview by clicking the mp3 button above or click here to order his book on Amazon.
In todays Lifetime Income podcast, Dick Gregerson, President of JANAS Consulting, explains some of the key considerations for those that wish to sell their business and retire. Dick discusses strategies involved, how these may differ depending upon the size of the company, tax considerations, and estate planning issues as well.
Last week, we re-aired one of our most popular Big Picture podcasts of the year explaining the growing investment bubble being facilitated by ETFs and passive investing in The Concentration of Risk, Part 1. Today, we follow up highlighting data from technician and former Soros Fund Management analyst John Roque who we spoke with earlier this month on how we are getting closer to 2000 tech-bubble levels not just in terms of valuations, but concentration of stocks across funds, particularly ETFs.
Given all the attention bitcoin is receiving these days, we thought it would be fun to re-air our 2012 interview with Jon Matonis, Founding Director of the Bitcoin Foundation, on why bitcoin is the future of money and, as he predicted then, will eventually become an asset class that people will hold in addition to gold, stocks, bonds, and otherssomething that most considered absolutely ludicrous at the time. Fun fact: bitcoin was trading below $15 when this interview was conducted. As of December 21, 2017, bitcoin is trading at $15,6421000 times higher.
The yield curve is considered one of the most reliable predictors of recessions and major bear markets. Kurt Kallaus at ExecSpec.net explains the current message it is giving investors and how hes investing based on it and other leading indicators.
Caroline Miller, Global Strategist at BCA Research, joins FS Insider today to discuss her recent webcast on The 2018 Global Macro and Market Outlook (click here for slides), where she discusses their 40-country leading economic indicator, global manufacturing PMIs, consumer and business confidence for the major advanced economies, outlook for US recession, where they see the best opportunities, risks, and much more. Qualified investment professionals can inquire about their research services by clicking here.
In todays Lifetime Income episode, Kathy Fettke of Real Wealth Network explains the wide range of impacts that the GOP tax reform bill will have on US housing and commercial real estate. Kathy says that homeowners will be negatively affected, especially in select parts of the country, but will be a boost for commercial real estate and business owners. Dont miss this important podcast!
Owning a home has been the American dream ever since World War II and real estate has been a great asset for building wealth. For that reason, many of Americas richest families have built their fortunes in real estate, including our current president, Donald Trump. In todays Lifetime Income podcast, Jim Puplava and John Loeffler explain how the GOP tax plan will affect not just real estate, but also retirement for many Americans. Lastly, to help put these changes into context, we look at the following case study
This week, we are re-airing one of our most popular podcasts of the year on the growing investment bubble being facilitated by passive index funds into highly valued large-cap stocks, particularly in the tech sector. Though this story is fairly well known, Financial Sense Newshour provides the investigative work looking into the actual numbers, amounts of leverage, and the small handful of players involved. If you have one show to listen to this week, make it this one.
Ryan Puplava, CEO of Financial Sense Wealth Management, discusses the markets reaction to this weeks rate hike by the Fed, introduction of leverage into the Bitcoin space with futures trading and potential impacts this will have, this weeks economic data, the latest on the GOP tax bill, and whats on the mind of most investment strategists heading into 2018. Craig Bullseye Johnson from Piper Jaffray, one of the most consistently accurate analysts on our weekend program, explains his 2018 forecast on the S&P 500 in addition to his favorite sectors and where he sees the greatest mounting risks. Lastly, Dan Steffens at Energy Prospectus Group gives his outlook on the oil markets and explains why he believes the energy sector is undervalued.
Demelza Hays, a cryptocurrency researcher at Incrementum and the co-author of their inaugural Crypto Research Report (click here for pdf), discusses comparisons between bitcoin and the 17thcentury tulip mania in terms of price, novelty, economic impact, and, most importantly, technological innovation. Demelza also discusses the total number and different types of cryptocurrencies available (Ethereum, Bitcoin, Bitcoin Cash, Ripple, Dash, Litecoin, and others), their attempts to each solve a unique problem using blockchain (distributed ledger) technology, concerns over energy consumption, and much more.
Stock Traders Almanac Jeffrey Hirsch discusses their breakdown of the current market environment into its five main componentspsychological, fundamental, technical, monetary, and seasonalwith FS Insider and explains how the first component of investor psychology is showing signs of froth and why, in addition to the others, a long topping process may be underway with some important events taking place in 2018. Dont miss what he has to say!
John Derrick of The Derrick Letter joins FS Insider with a look back at the best performing sectors and investment strategies this year, including an abnormally large number of new records, and what investors might see unfold in 2018. Topics discussed: technology, momentum vs. value, record low volatility, institutional and retail investor sentiment, central bank liquidity, synchronized global recovery, the credit cycle, corporate debt relative to GDP, equities vs. commodities, earnings expectations, and more.
Jim is proud to welcome back Kim P. Fichera CPA, of Fichera & Company. Kim foresees major tax laws coming ahead, so critical planning is necessary. The tax laws could be the biggest change observed since 1986 when individuals and businesses were deeply affected by tax laws passed. Depending on where you live, the new laws will impact the real estate market, especially in places like California and New York. Kim also discusses changes needed to be made this year before tax laws go into effect and other changes that are worth making later; concerning individuals w/deductions vs. small businesses and write-offs.
With the holiday season in full motion, many investors are thinking of the year in review. On todays Lifetime Income podcast, Jim and John discuss the moves you should consider making before the end of the year. They discuss at length how the tax bill is affecting many families who are planning their finances for the end of the year and beyond.
Looking back on the year, 2017 has been a year full of surprises. Jim and John discuss why not have another good year next year. Also, what does the first half prediction mean for the second half of the year in expectations? In part 2 of the Big Picture, we explore The Significant Things People Arent Grasping About the Tax Plan. Specifically, what are the key points that they dont understand and how maco-themes alter the economic landscape and more?
Greg Weldon of Weldon Financial joins us on the show today. In his experience from watching the dollar and bonds, Greg has built up his intuition on when its time to get into gold. Specifically, in how real interest rates are compressing so that in the long-term this is good for gold. However, the stock market is at risk when reality settles. Also, investors should take into consideration that consumer credit has been up for three consecutive years in a row. With that in mind, Gregg is guessing that 2018 could be the year for commodities.
After this week's market wrap-up with Ryan Puplava, Louise Yamada of LY Advisors tells us how she sees no major top at the moment. The advance-decline line is confirming advance in the indexes, and while margin debt is at an all-time record, gold could be possibly breaking down. Another factor to consider is the case of bitcoin taking away the luster of gold as investors favor other sectors, such as industrials, financials, and technology.
James Garriss of the Browning World Climate Bulletin tells FS Insider that weve seen record billion-dollar damages from weather, including fires, hurricanes, floods, and other events, that are likely set to increase for a multitude of reasons. Garriss discusses the impact from volcanic eruptions on the climate, the latest research on mesoscale convective systems, and why scientists think weather-related damages from such systems may last for another century. This is a very interesting interview you wont want to miss! Subscribe to their research by clicking here.
In todays FS Insider podcast, David Rosenberg, Chief Economist and Strategist at Gluskin Sheff, warns that the US is very late in the cycle and that investors should think about taking profits and hedging for a coming mean-reversion trade in 2018. Rosenberg explains his firms own investment strategy and outlook, including the sectors and areas of the globe that he favors. Rosenberg also discusses the Republican tax bill, how this relates to Fed policy concerns, an inversion of the yield curve, risk of a policy misstep, valuations compared to the tech bubble, and much more.
Ron Stoeferle of the widely read newsletter, In Gold We Trust, discusses his recent presentation in London and says that precious metals conferences are now starting to feel like cryptocurrency/blockchain conferences with the gold mining industry, particularly junior miners, feeling competition from swelling interest into bitcoin. Ron also gives his outlook on US markets, the economy, monetary policy, inflation, energy, as well as gold and silver.
Dr. Wade Pfau, Professor of Retirement Income at the American College of Financial Services and also the founder of Retirement Researcher, joins Financial Sense Newshour on todays Lifetime Income program to discuss his latest book, How Much Can I Spend in Retirement?: A Guide to Investment-Based Retirement Income Strategies. In this interview, Wade distills a large body of financial planning research, explains sustainable income strategies, the nature of risk in retirement, and gives practical suggestions and guidance for those thinking about, or already in, their retirement years.
On todays Lifetime Income podcast, Jim and John discuss the current financial squeeze Americans are feeling as many baby boomers are rapidly approaching retirement. Many are taking action and are actively making logistical plans to leave their state of residence in search for a cheaper state to live comfortably in retirement.
Financial Sense Newshour is pleased to welcome John Roque, a technical analyst and strategist at Soros Fund Management, to get his outlook on the US stock market. Roque sees volume on the decline among the broad indexes with levels of concentration into large cap tech stocks similar to what we saw in the tech bubble. Roque also comments on valuations, risks, and what area of the market he likes best. Next we are joined by Ned Schmidt to discuss gold, gold stocks, and the changing tastes of Chinese citizens and the impact this is having on certain commodities.
In todays Big Picture show, Financial Sense Newshours Jim Puplava addresses concerns over a retail apocalypse, especially in light of our interview earlier this week with Bloombergs Matt Townsend where he explained Why Americas Retail Apocalypse Is Just Getting Started. We highlight his comments and compare them to other analysts weve had on the program, particularly retail analyst Howard Davidowitz, and then look at some of the implications this may have for the US economy.
Chris Puplava, Chief Investment Officer of Financial Sense Wealth Management, says Bitcoin is a prime example of what happens at the tail end of a market cycle as investors begin chasing the best performing asset. Puplava explains why he thinks Bitcoin is at or near a top while also providing his outlook on the US stock market given not only analysis from his own firm, but also that of Goldman Sachs, Guggenheim Partners, BofA Merril Lynchs Michael Hartnett, and others.
Louis-Vincent Gave of Gavekal Research joins FS Insider today to provide his outlook on the market and why he exited a number of his US tech positions. He also discusses the massive mispricing of high yield European bonds and some of the strategic moves hes making in light of current trends. This is an interview you wont want to miss! For a free trial to Gavekals research, click here.
In todays FS Insider interview, Matt Townsend at Bloomberg discusses the number of large bankruptcies taking place in retail and how this is just the beginning of a much larger process given the amount of high yield debt coming due for legacy brick-and-mortar retailers starting next year. Townsend also addresses a number of key topics, including the impact this will have on regional banks, various states with high levels of retail employment, and much, much more.
In a special reprise edition, Jim welcomes Professor Andrew Scott, Professor of Economics at the London Business School, and co-author of The 100-Year Life. Professor Scott notes that with every new decade, lifespan is now increasing by 2-3 years, and a child born in 2007 has a 50% chance of living to 104 years old. They discuss how the traditional Three Stage Life (education, work and retirement) is ending, and we may soon be looking at a 50-70 year working career. There are many risks ahead as well, as the emergence of Big Data and Artificial Intelligence will threaten millions of jobs in the future. There will also be tremendous challenges for society and especially government, as greater longevity will put even greater strains on government to care for those unable to support themselves in extreme old age. Professor Scott emphasized the importance of people in their 60s and beyond developing the ability to deal with change, and adapt to new ideas.
Reprise Edition: Jim and John have recently discussed Social Security, Medicare, Long-Term Care and related retirement topics. But everything they have covered is changing in subtle ways that is impacting retirees, those thinking of retiring, or even just entering the workforce. The retirement number is a moving target because everything used to factor it is moving as well. This week they discuss the important markers and indicators within the new paradigm of adjusting for longevity. For many it will involve a second stage of work as the new reality of extreme longevity takes hold among those looking to retire or already retired.
Chris Puplava looks at a wide range of studies analyzing currently high stock market valuations, what that means for future returns for various asset classes, and how this relates to the ebb and flow of passive vs. active management.
Jim Puplava discusses the concentration of risk among a handful of firms in terms of derivatives and stock ownership. Other themes discussed are the passive index bubble, future returns, business cycle, sequence risk, and the case for active management.
Jim Puplava explains why we are truly living in "An Extraordinary Era," the theme of this year's meeting, looking at the confluence of historically low interest rates, record debt levels, and unprecedented technological disruption facing numerous industries.
Jim welcomes back Don Coxe, Chairman of Coxe Advisors, on FS Insider to discuss the case for owning real assets, looking at everything from oil to gold, and also comments on the three major things that the market and most investors do not know, which could have major ramifications depending on how each of them play out. Be sure to hear what he has to say!
Simon White at Variant Perception discusses their recent report on liquidity and the important message it and other leading indicators are telling investors for 2018 with FS Insider. Topics discussed: liquidity, leading indicators, real money growth, commodities, emerging markets, sentiment, high yield spreads, corporate cashflows, central bank excess reserves, and their overall market outlook. For a sample copy of the report, visit www.variantperception.com/financialsense.
Do you need to make some major financial decisions before for end of the year? Betsy Brill, President of Strategic Philanthropy, Ltd. discusses ideas and situations you should consider. In this show, we'll explain what you need to learn and what you need to know before you make your charitable gifts this year.
Americans arent saving enough money and increasingly face the risk of outliving their assets when they retire. Today, we discuss the current research and stats, implications when it comes to Social Security, and why this also presents a major problem for the government.
The oil market has struck a balance in price lately, while geopolitical risk has begun to take a bigger role in influencing the price of energy. In the first part of todays Big Picture podcast, we will discuss what this volatility means for the future of oil and investment opportunities to come. Next, in part two, we speak with Dr. Nothaft, Executive and Chief Economist of the Office of Chief Economist at CoreLogic. Dr. Nothaft gives an update on the real estate environment and how he believes prices will continue to head higher into next year.
After this weeks market wrap-up with Ryan Puplava, Dave Nicoski of Vermilion Research will discuss current trends taking place in the stock market. Dave sees the market entering a period of short-term consolidation with trends leading to higher valuations. Next up is John Ing, President, and CEO of Maison Placements in Canada to discuss precious metals and he believes gold has peaked in production, while still, the fundamentals for gold have never looked better.
Will Denyer at Gavekal Research discusses the pivotal role of demographics on interest rates and market multiples and what this means for the global markets in the years ahead. For a free trial to Gavekal Research, visit http://research.gavekal.com/form/subscribe.
Scott Galloway discusses his must-read book, The Four: The Hidden DNA of Amazon, Apple, Facebook, and Google, with FS Insider co-host Jim Puplava. Amazon, Apple, Facebook, and Google are the four most influential companies on the planet. Just about everyone thinks they know how they got there. Just about everyone is wrong. Tune in to hear what Scott has to say. This is certainly an interview you wont want to miss!
Woody Preucil, Senior Managing Director at 13D Research, discusses the global arms race that is currently underway to achieve supremacy in quantum computing and AI. Woody discusses investments being made by individual companies and governments, who is currently in the lead, new technologies being created, and much more. Think this is sci-fi? Here what Woody has to say and youll certainly change your mind.
If you need to apply for Social Security or Medicare, or plan on doing so at some point in the not-too-distant future, Yolanda York at the Social Security Administration explains the steps you need to make, when and at what age to do it, penalties if you dont, and the big mistake of taking it too early unless you really need it.
As we discussed in our Big Picture yesterday, the Republican tax reform is a big deal and will have numerous impacts, especially on retirees. As well, these impacts will largely depend on where you live and how you earn your money. In todays Lifetime Income program, Financial Sense Newshour explains what you need to know and why this current tax reform bill makes it more important than ever to call your advisor about what we are going to discuss today.
After this weeks market wrap-up with FS Insiders Cris Sheridan, Frank Barbera at Salem Partners says we are seeing a possible short-term top in the stock market. Next, Robert Rapier at R-Squared Energy explains why we are now seeing the return of oils fear cycle and which areas of the energy market he believes are best positioned to profit from higher oil prices.
Another week and another version of the GOP tax plan, this time coming from the Senate. In the first part of todays Big Picture podcast, Financial Sense Newshour covers the key differences between the House and Senate versions, the various impacts this will have, and why it shook the markets this week. Next, in part two, we look at the junk bond market, high yield funds, and why de-risking may not be a bad idea.
Russell Napier, author of the Anatomy of the Bear and co-Founder of the Electronic Research Interchange (ERIC), explains the troubling rise of global debt levels, where it is largely concentrated, and how a major devaluation of the Chinese yuan would destabilize global markets, particularly emerging market countries. Napier also comments on the large number of deflationary headwinds impacting the world today and the drastic maneuvers that governments and central banks may eventually take.
Daniel Nevins, the author of the must-read book Economics for Independent Thinkers and the Founder of Nevins Research, discusses the substitution story surrounding Fed monetary policy and how inflation spikes are a key factor in derailing bull markets at high valuations.
Well-known market forecaster Avi Gilburt of Elliottwavetrader.net discusses the mathematical nature of market psychology with FS Insider and also offers an update on his outlook for the US stock market, gold, the energy complex, as well as bitcoin, which, now that it has reached their target range of $7,500-$8,000, is likely setting up for a big drop, he says.
The current tax reform bill working its way through Congress will have meaningful impacts on nearly every American citizen. In todays Lifetime Income podcast, Financial Sense Newshour speaks with Todd Schneider of Goodwin Brown on the many implicationsboth good and badespecially in relationship to estate planning.
Welcome to the retirement apocalypse. It is estimated that ten thousand baby boomers will retire every day for the next two decades. Sadly, only a fraction of those people have sufficient retirement savings. In todays Lifetime Income podcast, we talk about the numbers and the four horsemen of the retirement apocalypse from a financial planning perspective: longevity, medical care costs, financial repression, and economic stagnation. For our related case study, click here to view the slides.
This market is breaking all the rules, Tom McClellan, noted market timer and editor of the McClellan Market Report, tells Financial Sense Newshour. McClellan shares his technical thoughts on the US stock market, real estate prices, gold, oil, and more. Next, well-known exploration geologist Dr. Keith Barron and host Jim Puplava discuss the current state of the gold market, as well as the mining industry, and how we are approaching peak gold around the world. This is a show you wont want to miss!
Lots of big news this week when it comes to future monetary and fiscal policy, both of which have a big influence on the markets. In the first part of our Big Picture today, Jim Puplava gives his analysis on all the juicy details of the just-released Republican tax bill, which is still to be voted on. Does it favor the rich and hurt the middle class? Hear what he has to say. Next, in part 2, Jim discusses Trumps recent appointment of Jerome Powell to replace Janet Yellen as Fed chair, why the market reacted favorably to the news, and other monetary policy watch-points based on the recent Fed meeting.
FS Insider interviews legendary fund manager Felix Zulauf, head of Zulauf Consulting, to get an update on his outlook regarding US and global markets, China, and more. Mr. Zulauf was a longtime member of the Barron's Roundtable and is also the head of Zulauf Asset Management and Zulauf Consulting. Request a trial to his services, including newsletters and webinars, by clicking here.
Brian Reynolds, Chief Market Strategist for New Albion Partners, discusses the three major themes or drivers of this current bull market, one of which is the amazing growth in public pensions, and how many are now investing in leveraged and complex investments. Brian specializes in relating developments in the credit and related markets to the equity market.
FS Insider speaks with Matthew Zipkin (@MatthewZipkin) on bitcoin, the blockchain, cryptocurrencies, how to pay and receive payment in such currencies, and a whole range of other bitcoin-related topics, like forking, and what that means for the future of currencies and the way contracts are written and made across the globe.
What happens if you dont have a will or estate plan before you die? More importantly, what happens if you dont have any children or would like your assets to go to a charity? In todays Lifetime Income episode, we speak with Rob Strauss at Weinstock Manion, to discuss the importance of estate planning and the different kinds of estate plans suitable for young couples with no kids, couples with kids, and couples with accumulated wealth and kids that are likely out of the household. To contact Rob or ask him a question, email him at rstrauss@weinstocklaw.com.
For most of Americans in the private sector, the biggest source of retirement savings has been 401k plans. But, recently, debate has arisen that the new tax reform bill may have an impact on 401k savings plans. In todays Lifetime Income episode, well discuss the proposals on the table, the various possible impacts, and then offer some insights on how to manage a 401k in this type of environment.
In the first part of todays Big Picture, Jim Puplava talks about credit risk, especially when it comes to a very popular sector with high-tax investors: municipal bonds. In the second part, Jim gives his thesis for why he believes oil prices are going to continue rising with a look at supply-demand fundamentals, shale oil, inventories, and geopolitical risks.
After this weeks market wrap-up with Ryan Puplava, Financial Sense Newshour speaks with Richard Dickson, Senior Market Strategist at Lowry Research, to get his thoughts on this strong bull market and what Lowrys proprietary buying-power and selling-pressure gauges are saying. Next, we speak with Kurt Wulff at McDep.com to get his take on the energy space and the impact shareholder activists are having on oil companies.
In todays FS Insider, Jim Puplava and Gary Shilling discuss his recent Insight newsletter, Doubling Down on Deflationary Forces, looking on the long-term forces conspiring against inflationautomation, globalization, online retailand even the deflationary impacts coming from Trump policies, which most dont seem to understand. This is one interview you wont want to miss!
There are decisions made by Fortune 500 companies, local governments, and federal agencies that will impact the employment growth rate of the United States, coming out of the next recession. Dan White is a director at Moody's Analytics, responsible for directing government consulting and economic research. Today, we discuss with him the importance of preparing for the next recession based on lessons learn from the Great Recession in 2008.
Many economists believe that you cant identify a bubble until after its popped. Alberto Gallo of Algebris Investments disagrees. Today, we discuss his companys ranking of the worlds biggest bubblesfrom property markets to ETFstheir level of systemic risk, what is driving them, and the defining characteristics behind every bubble throughout history.
In todays Lifetime Income episode, Chris Hennessey gives an update on the details and implications of the tax reform package currently working its way through Congress. Chris breaks down the many changes and impacts looking at tax brackets, exemptions, financial planning implications and more. Chris Hennessey is a lawyer, CPA, and member of the Putnam Business Advisory Group with extensive consulting experience in finance, investments, taxes, and estate planning.
What steps should you be taking to make sure the emotional and financial transition to retirement goes as smoothly as possible? Today, we discuss the various stages of retirement and three most important questions you need to ask.
After Ryan Puplava cover this weeks market-moving events, Ari Wald, Head of Technical Analysis at Oppenheimer, discusses the sectors driving the stock market higher, where he thinks interest rates are headed, and how the risk-on reflation trade is playing out in the commodities sector.
Financial Sense Newshour speaks with Chris Senyek, Chief Investment Strategist of Wolfe Research, on the six phases of the market cycle, why they believe we have now entered the late acceleration phase, what that means for returns going forward, and the sectors that do best under various phases. Chris also discusses their outlook on tax reform and the impact this will have on the markets and the economy.
Whether its increasing investor euphoria, concentrations of risk in passive index funds, or the divergence between monetary and fiscal policy, Jim Puplava outlines six major trends converging and the investment implications he thinks this will have as we move into 2018.
We are joined today by one of the worlds leading experts on electromagnetic pulse (EMP) weapons, Dr. Peter Vincent Pry, Executive Director of the Congressional EMP Commission and author of the 2015 book Blackout Wars, to discuss his recent testimony before Congress, Empty Threat or Serious Danger: Assessing North Koreas Risk to the Homeland.
Rodger Baker, Vice President of Strategic Analysis at Stratfor, provides an update on the latest developments with US and North Korea, Chinas economy, and evolving international trade negotiations. Read their daily geopolitical updates by going to https://worldview.stratfor.com.
FS Insider speaks with Rod Garratt, a former NY Fed Vice President and Bank for International Settlements technical advisor, on the importance of bitcoin, distributed ledger technology (DLT), the history of how central banks began to think about the use of cryptocurrencies for their own use, and what he believes to be the most viable option for money going forward.
Financial Sense Newshour discusses the new and controversial book, The Plant Paradox: The Hidden Dangers in "Healthy" Foods That Cause Disease and Weight Gain, with author Dr. Steven Gundry. Most of us have heard of glutena protein found in wheat that causes widespread inflammation in the body. Americans spend billions of dollars on gluten-free diets in an effort to protect their health. But what if weve been missing the root of the problem? In The Plant Paradox, renowned cardiologist Dr. Steven Gundry reveals that gluten is just one variety of a common, and highly toxic, plant-based protein called lectin. Lectins are found not only in grains like wheat but also in the gluten-free foods most of us commonly regard as healthy, including many fruits, vegetables, nuts, beans, and conventional dairy products. (source)
The stock market is hitting record highs, consumer confidence is strong, and the economy seems to be doing well. Is this the time to take profits and cash out? In todays Lifetime Income, we discuss the impact stock market crashes can have on an investors portfolio and how this ties to our overall outlook on where we are in the market cycle.
Ryan Puplava, CEO of PFS Group, covers this weeks market-moving events. Jonathan Krinsky, Chief Market Technician at MKM Partners, discusses the rally in stock markets around the globe and offers his forecast on the longevity of the current bull market and what he sees taking place with commodities, gold, energy, and various sectors. Next, we speak with Marc Chandler at Brown Brothers Harriman on the currency space and why he thinks the US dollar is at a bottom.
In todays Big Picture podcast, Financial Sense Newshour discusses the possibility of a further melt-up in the stock market and how these often precede a meltdown. Then, in the second half, we take a look at The Disruptors: companies driving technological change and the increasing dominance they hold over the economy.
Jim Paulsen, Chief Investment Strategist of The Leuthold Group, discusses his outlook on the US stock market and the economy with FS Insider. He is still bullish, citing 3 basic pillars holding up this bull market, but also explains why a tax cut at this point in the cycle will likely do more harm than good in the short-term, even though tax reform is important long-term for US competitiveness.
Senior International Economist for Ned Davis Research, Alejandra Grindal, discusses the key findings of their latest report, Demographic Demise or Opportunity?, looking at how Global population growth is slowing and is projected to have some profound proportional shifts by age and by country over the coming decades. Alejandra explains how these shifting population structures will have implications on the long-term performance of equity markets, economic growth, productivity, and inflation. For a free copy of the full report or to sign up for Ned Davis Research, click here.
As a technology and business concept, AI is beginning to feel very similar to the type of euphoria that surrounded the internet in the mid to late 90s. This time, however, AI has much more hype, promise, confusion, mystery, and even feardepending on your view of itthan perhaps any other technology humanity has created. Today, FS Insider speaks with William Studebaker, President of ROBO Global, to discuss why, he believes, we are just in the beginning stages of the AI revolution.
In todays Lifetime Income episode, we speak with Carolyn Rosenblatt, an RN, Elder Law Attorney, and founder of AgingParents.com and AgingInvestor.com, to discuss common problems experienced when an aging parent with a declining mental capacity is still in charge of finances. She covers things to look for and the steps to take when it comes to forming a trust, estate planning, long-term care, and many other issues commonly faced.
You might be aware that a tax bill is currently working its way through Congress, but what you may not know is that it could increase your taxes depending on your income and where you reside. In todays Lifetime Income, we discuss who is likely to affected and why this builds the case for tax inversions, moving to a state that lowers your cost of living and the taxes that youll pay.
Todays guests are Bruce Kamich and J. Marshall Adkins. First, Ryan Puplava, CEO of PFS Group, discusses the main drivers and catalysts affecting the markets this weekthe House budget bill, incoming economic data, oil prices, and more. Next, Bruce Kamich, a technical analyst at TheStreet.com, says that we are in a mature bull market in the process of topping. He explains why, going through at a variety of indicators, and makes the case that investors need to be scaling up their profits at this point in the cycle. Then, Marshall Adkins, Director of Energy Research at Raymond James, explains the perfect storm coming to energy with several catalysts that will lead, he believes, for higher oil prices into 2018.
It seems like the financial crisis is a distant memory. Most investors think things are OK and actually feeling pretty good as the stock market continues to hit new highs. In todays Big Picture, Jim Puplava and John Loeffler talk about a growing investment bubble facilitated by index funds, how this is leading to a concentration of risk, and try to explore what happens when everyone decides to sell. Next, on Financial Sense Newshour, the second part of our Big Picture segment is titled, The Final Countdown, where we discuss our outlook based on the message coming from leading indicators and monetary cycles.
Today, we continue with the second part of our interview with Martin Armstrong of ArmstrongEconomics.com on why he thinks US markets have much higher to go, his description of how the market actually works, the impact of government policy, particularly a corporate tax cut and one-time repatriation, whether commodities are a good investment right now, problems with FATCA, why American corporations are continually outbid by foreign competitors, and his forecast for a monetary cycle crisis starting next year, which will be part of the focus of his upcoming World Economic Conference in Orlando, Florida this November.
In an exclusive interview with FS Insider, legendary forecaster Martin Armstrong of ArmstrongEconomics.com discusses his thoughts and outlook on a wide range of topics, including global markets, commodities, an unfolding pension crisis in the US and in Europe, and much more. To attend Martins upcoming World Economic Conference in Orlando, Florida this November, click here for more information.
Graham Pickren of Roosevelt University joins FS Insider today to discuss the unique role modern finance now plays, particularly with high frequency trading, in accelerating the process of time-space compression. Graham and FS Insider host, Cris Sheridan, look at the physical infrastructure that makes this possible, including data centers, fiber optic cables, and even microwave towers, and how geographical properties present unique challenges to large trading firms attempting to circumvent the limits of time and space.
In a continuation of yesterdays theme, we speak today with Medicare-expert David Saen of Gorman Health Group. The government is taking back promises based on the fact that the healthcare system is unsustainable as it now stands in its current form.
Over the last few weeks, weve been discussing social security and Medicare. Today, we are going to build on the conversation further by looking at the differences between Medicare and Medicare Advantage, why people usually choose the latter and what makes most financial sense based on your own particular circumstances.
Tax cuts and capital repatriation will have a meaningful impact on corporate profits and, thus, how much longer the bull market will last. In todays Big Picture podcast, Jim Puplava and John Loeffler examine the latest proposal and whether this ends up as stimulus or a Trojan horse, based on what weve seen transpire with past administrations.
Ryan Puplava, CEO of PFS Group, discusses the big news events this weekmarkets response to Trumps tax proposal, econ data, and morethen Robin Griffiths, Chief Technical Strategist at ECU Group, provides his in-depth outlook on global markets, looking at long- and short-term trends across different regions, and where he sees the greatest risks and opportunities for investors. Next, Financial Sense Newshour speaks with Frank Barbera of Salem Partners on his outlook for the gold market.
Rob Bernard, a fixed income specialist at PFS Group, joins FS Insider today to discuss the problems facing Puerto Rico, the controversy over the Jones Act, and some of the debt issues Puerto Rico was facing prior to hurricane Maria, which have now only been made worse.
FS Insider is pleased to welcome Caroline Miller, Global Strategist at BCA Research, to discuss her recent webcast, Should Bond Bears Come Out of Hibernation Or Will They Face Extinction? (click here for slides), where she gives an update on the global growth outlook, relative strength of US vs. abroad, outlook for inflation, interest rates and bond yields, and much more. Qualified investment professionals can inquire about their research services by clicking here.
Today, we pick up on the second part of our conversation with Lawrence McQuillan, author of the must-read book, California Dreaming: Lessons on How to Resolve Americas Public Pension Crisis, to discuss why this is the biggest financial crisis since the Great Depression, he says, and what reforms need to be made in order to fix this problem. Lawrence is a Senior Fellow and Director of the Center on Entrepreneurial Innovation at the Independent Institute. He received his PhD in economics from George Mason University, and he has served as Chief Economist at the Illinois Policy Institute, Director of Business and Economic Studies at the Pacific Research Institute, Research Fellow at the Hoover Institution, and Founding Publisher and Contributing Editor of Economic Issues.
Reshma Kapadia, Senior Editor at Barrons magazine, joins Financial Sense Newshour to discuss her recent article on how health savings accountsthe retirement industrys forgotten stepchildcan help pay for certain costs and also offer investors underutilized tax advantages. To hear more of our Lifetime Income broadcasts, click here for a full archive of shows.
Medicare enrollment begins on October 15th and many people aged 65 will begin signing up for health coverage. Unfortunatelythough some dont realize thisit doesnt cover everything, which is why you can purchase a supplemental Medigap policy. In todays Lifetime Income podcast, we discuss the different plans, options, deductibles, and educate listeners on how to choose the correct one.
Market technician Ryan Puplava, CEO of PFS Group, discusses this weeks market events, including a look at the technical backdrop for the US stock market, how various sectors are performing, key factors influencing interest rates, jobless claims, and overseas markets. Next, Financial Sense Newshour speaks with Dan Steffens at Energy Prospectus Group on why hes firmly bullish on oil, expecting $60 by year-end and even higher next year. Dan looks at inventory levels, declining rates of shale production, contrary indicators and much more.
The big talk this week (and for the weeks to come) is on the Feds plan to reduce its balance sheet. How will this impact the economy and the markets? Thats the discussion of our first part of todays Big Picture before Financial Sense Newshour host Jim Puplava explains why energy is an undervalued asset with strong fundamentals, following up on our interview with Dan Steffens at Energy Prospectus Group.
America is facing a public pension crisis and its only getting bigger, says todays guest Lawrence McQuillan, author of the must-read book, California Dreaming: Lessons on How to Resolve Americas Public Pension Crisis. Lawrence just got back from a debate between finance professors and public policy officials at Stanford University and shares with FS Insider the key arguments, the main areas of contention, and how he sees this problem ultimately resolving in the first part of an hour-long conversation continuing next week. Lawrence is a Senior Fellow and Director of the Center on Entrepreneurial Innovation at the Independent Institute. He received his PhD in economics from George Mason University, and he has served as Chief Economist at the Illinois Policy Institute, Director of Business and Economic Studies at the Pacific Research Institute, Research Fellow at the Hoover Institution, and Founding Publisher and Contributing Editor of Economic Issues.
FS Insider is joined today by Neil Dutta, Head of US Economics at Renaissance Macro Research, to discuss his outlook on US housing, inflation, overall economic growth in the US and abroad, Fed monetary policy, the impacts from hurricanes Harvey and Irma, and how all of this relates to investment strategy in terms of stocks, bonds, or TIPS vs. gold as an inflation hedge.
Scientists have discovered a series of drugs that appear to combat aging and age-related diseases. Dr. Paul Robbins, a professor of molecular medicine at the Scripps Research Institute, explains the recent discoveries and breakthroughs in the science of aging, how effective these drugs have already been in humans and animals, and the clinical trials underway that will likely lead to an anti-aging medication. Sound too good to be true? Listen and find out.
In todays Lifetime Income podcast, Dick Gregerson, President of JANAS Consulting, explains some of the key considerations for those that wish to sell their business and retire. Dick discusses strategies involved, how these may differ depending upon the size of the company, tax considerations, and estate planning issues as well.
Do you spend more time planning your next vacation or your retirement? In todays Lifetime Income podcast, Jim Puplava and John Loeffler discuss the strategies that individuals absolutely need to be making if they want to succeed for the long-term. There are simple steps that all of us can makeunfortunately, its just that many of us dont take the time to do them. If you feel unprepared or want to help others prepare, listen to what we have to sayit may help you!
The economy is in the 9th year of recovery, which makes it the third longest economic expansion on record. Meanwhile, valuations are at the second highest level in recorded history. In todays Big Picture podcast, we ask if this is a two minute warning or if we are in overtime? Jim and John look at a number of factors that will determine which way things will head, including oil, fiscal and monetary policy, and a wide range of other important drivers for the market and the economy.
Louise Yamada of LY Advisors says the technical backdrop is confirming the markets new highs and how FAANG tech stocks have become the new Industrials of the global economy. Louise also comments on how the utility sector fits into this new model in addition to offering her outlook on interest rates and bonds, gold, and other areas. Next, Financial Sense Newshour speaks with Joe Dancy on how the energy sector is a bigger story than anything we see in Silicon Valley when it comes to innovation, achieving major efficiencies, and the wider connection to global economics.
A wide range of data point towards a maturing business cycle from recovery into the overheating phase, which is when commodities typically outperform stocks and bonds. Today, on FS Insider, Alex Barrow, co-founder of Macro Ops, goes through the Investment Clock framework and also discusses the range of factors lining up for various commodities.
FS Insider speaks with Eoin Treacy from Fuller Treacy Money about his outlook for the stock market, economy, where the biggest opportunities are to be had for investors and about the explosive growth of online retail in the most populous parts of the globe: India and China. Eoin also discusses his concept of Autonomies and the four pillars of global thematic investing, originally featured in his must-read book, Crowd Money.
FS Insider welcomes John Tousley, Head of US Market Strategy at Goldman Sachs Asset Management, to discuss the large number of countries around the globe currently experiencing positive growth, why they think this is likely to persist for another couple of years, and, lastly, where they see the most opportunity for investors today.
You may have heard the commercial or seen the ad declaring that Ken Fisher, the well-known investment analyst, hates annuities. Well, our next guest, Moshe Milevsky, explains why annuities are controversial in the first place, looking at their history, what they are, and how they can turn out good or bad depending on what you add on to themjust like pizza.
Market technician John Kosar at Asbury Research sees geopolitical weather and financial storms converging. These conditions could form the perfect financial storm. You better have protection if youre an investor. Next, we speak with Ned Schmidt, publisher of the Value View Gold Report and Agri-Food Value View, on why he thinks he sees a bifurcated commodity market. All of this may point to higher gold prices ahead.
Would you choose to file at age 62, 66, or 70? The decision you make could impact you in a major way in your future retirement endeavors. For this weeks Lifetime Income Series case study see what Karl and Lisa Chang did in Getting the Most Out of Social Security. See PDF here or follow along with the slides below.
In todays Big Picture podcast, we discuss storms that are gathering and what investors need to be aware of to handle them. In the second part of the Big Picture, Jim Puplava elaborates on disaster preparedness: protecting you and the family. The autumn storms as discussed earlier are reeking havoc within the economy. Geopolitical conflicts are leading to a confrontation along with missteps by the Federal Reserve leading to financial disruption.
Market technician John Kosar at Asbury Research sees geopolitical weather and financial storms converging. These conditions could form the perfect financial storm. You better have protection if youre an investor. Next, we speak with Ned Schmidt, publisher of the Value View Gold Report and Agri-Food Value View, on why he thinks he sees a bifurcated commodity market. All of this may point to higher gold prices ahead.
Jim Puplava interviews Jean-Marie Eveillard, Senior Advisor at First Eagle Funds, who received the Lifetime Achievement Award from Morningstar in 2003 for building one of the most successful long-term records in the investment business. Jean-Marie notes that only about 5% of managed money on Wall Street is oriented toward value investing today. He believes that in todays unusual investment landscape, value investing is more important than ever.
Jacob Shapiro, the Director of Analysis at Geopolitical Futures, explains the competing motives behind the US, China, and North Korea and why, they believe, the conflict over North Korea will ultimately lead to a conventional warand probably much sooner than many realize.
Rawlson King at BiometricUpdate.com joins FS Insider to discuss their latest analysis on the rapidly growing use of biometrics, particularly for law enforcement, and how most of this growth is coming from the United States. King discusses emerging biometric technologies, their convergence with blockchain tech (the engine powering bitcoin), and how biometric security applications are being increasingly run and maintained with the latest advancements in AI.
There are a variety of advantages that individuals and businesses arent aware of when it comes to maximizing the value of a 401(k) plan. Financial planners Jim Puplava and Paul Horn explain everything you need to know and answer the following questions: 1. What are things people should know about their 401(k) that they probably dont? 2. When do you recommend using a Roth over a traditional 401(k)? 3. How does Net Unrealized Appreciation (NUA) work? 4. What is an in-service rollover? 5. Isnt using a target fund good for people since it is the most common investment strategy? 6. How can a business owner benefit from offering a 401(k) to their employees?
States with high income taxes may see a huge hit under the Republican and Trump tax plans, accelerating the exodus of high wage earnings and businesses to more tax friendly jurisdictions. Jim calls this the great American tax inversion, which is part of a larger migration based on three key drivers.
What the Health is probably one of the most controversial documentaries released this year, exposing, as they write, the collusion and corruption in government and big business that is costing us trillions of healthcare dollars, and keeping us sick. Financial Sense Newshour speaks with the producer of the film, Kip Andersen, on what led him to produce it, what its about, and the reaction coming from the organizations they discuss.
Richard Sylla, author of the authoritative and widely-cited book, A History of Interest Rates, explains how money and banking have changed over the past 4000 years, from as far back as the ancient empire of Babylon to today. Jim and Richard also discuss how the last 40-50 years, which Richard refers to as the age of fiat money, has seen the most extreme fluctuations on record, including massive and growing debt loads, and what this portends for the future.
FS Insider interviews Daniel Nevins on his new book, Economics for Independent Thinkers, which explains where modern economics went wrong with so-called equilibrium theory and a number of other fatal assumptions that have made it nearly impossible for mainstream economists to understand or predict the business cycle. Nevins discusses his alternate and much more powerful framework, synthesizing the work of heterodox economists like Joseph Schumpeter, Marvin Minsky, and others, while also offering his thoughts on where we are today, and what he sees as the greatest risk facing investors ahead. Order a copy of his book on Amazon by clicking here.
FS Insider interviews Daniel Nevins on his new book, Economics for Independent Thinkers, which explains where modern economics went wrong with so-called equilibrium theory and a number of other fatal assumptions that have made it nearly impossible for mainstream economists to understand or predict the business cycle. Nevins discusses his alternate and much more powerful framework, synthesizing the work of heterodox economists like Joseph Schumpeter, Marvin Minsky, and others, while also offering his thoughts on where we are today, and what he sees as the greatest risk facing investors ahead. Order a copy of his book on Amazon by clicking here.
Will oil prices eventually move back into the $100-range or will renewable energy sources, like wind and solar, or the transition to electric vehicles lead to so-called peak demand for fossil fuels in the years ahead? Roberto Aguilera, co-author of the must-read 2015 book, The Price of Oil, discusses this and much more on todays FS Insider podcast.
Will oil prices eventually move back into the $100-range or will renewable energy sources, like wind and solar, or the transition to electric vehicles lead to so-called peak demand for fossil fuels in the years ahead? Roberto Aguilera, co-author of the must-read 2015 book, The Price of Oil, discusses this and much more on todays FS Insider podcast.
At last months Black Hat conference, a majority of security experts believed that cyberattacks will be increasingly conducted by AI-based systems. Today, FS Insider speaks with Jeremy Straub about this growing threat, what it may look like, and the range of possibilities we should expect when machines and not people are hacking vital information systems.
At last months Black Hat conference, a majority of security experts believed that cyberattacks will be increasingly conducted by AI-based systems. Today, FS Insider speaks with Jeremy Straub about this growing threat, what it may look like, and the range of possibilities we should expect when machines and not people are hacking vital information systems.
What are the various ways you can protect your assets from confiscation, high taxation, litigation or otherwise? Elizabeth Morgan of Elizabeth Morgan & Associates explains the various tools and the types of individuals that would want to use themfor example, those with a high profile or working in a high-risk profession. Topics discussed include: creditor protection, offshore trusts, and tax-free jurisdictions.
What are the various ways you can protect your assets from confiscation, high taxation, litigation or otherwise? Elizabeth Morgan of Elizabeth Morgan & Associates explains the various tools and the types of individuals that would want to use themfor example, those with a high profile or working in a high-risk profession. Topics discussed include: creditor protection, offshore trusts, and tax-free jurisdictions.
Welcome to the retirement apocalypse. It is estimated that ten thousand baby boomers will retire every day for the next two decades. Sadly, only a fraction of those people have sufficient retirement savings. In todays podcast, we talk about the numbers and the four horseman of the retirement apocalypse from a financial planning perspective: longevity, medical care costs, financial repression, and economic stagnation.
Welcome to the retirement apocalypse. It is estimated that ten thousand baby boomers will retire every day for the next two decades. Sadly, only a fraction of those people have sufficient retirement savings. In todays podcast, we talk about the numbers and the four horseman of the retirement apocalypse from a financial planning perspective: longevity, medical care costs, financial repression, and economic stagnation.
Were in the very late innings of this bull market, Ned Davis tells Financial Sense Newshour today, which is a problem since theres currently a bubble with passive investment strategies tracking the major indices. Ned discusses market valuations, historical comparisons of prior market tops, the message coming from leading indicators, and why professional forecasters often get it wrong. Ned Davis is the Senior Investment Strategist of Ned Davis Research and also the author of two must-read books, Being Right or Making Money and The Triumph of Contrarian Investing.
Financial Sense Newshour welcomes Kenneth Jeffrey Marshall, author of the latest outstanding read, Good Stocks Cheap, where he provides step-by-step guidance for creating "your own value investing success story." Kenneth Jeffrey Marshall teaches value investing in the Masters in Finance program at the Stockholm School of Economics in Sweden, and at Stanford University. He also teaches asset management in the MBA program at the Haas School of Business at the University of California, Berkeley. Marshall is a past member of the Stanford Institute for Economic Policy Research; he taught Stanford's first-ever online value investing course in 2015. He earned his MBA at Harvard Business School.
Financial Sense Newshour welcomes Kenneth Jeffrey Marshall, author of the latest outstanding read, Good Stocks Cheap, where he provides step-by-step guidance for creating "your own value investing success story." Kenneth Jeffrey Marshall teaches value investing in the Masters in Finance program at the Stockholm School of Economics in Sweden, and at Stanford University. He also teaches asset management in the MBA program at the Haas School of Business at the University of California, Berkeley. Marshall is a past member of the Stanford Institute for Economic Policy Research; he taught Stanford's first-ever online value investing course in 2015. He earned his MBA at Harvard Business School.
Were in the very late innings of this bull market, Ned Davis tells Financial Sense Newshour today, which is a problem since theres currently a bubble with passive investment strategies tracking the major indices. Ned discusses market valuations, historical comparisons of prior market tops, the message coming from leading indicators, and why professional forecasters often get it wrong. Ned Davis is the Senior Investment Strategist of Ned Davis Research and also the author of two must-read books, Being Right or Making Money and The Triumph of Contrarian Investing.
Urban Carmel, lead writer at The Fat Pitch, says the fundamental and technical backdrop of the market is still bullish while pushing back on fears over housing, autos, weakness in the Dow Jones Industrials sector and other areas that are being currently cited as potential problems for the market or the economy. Urban also explains what we see with current fund flows and the contrarian signal this is giving for US markets and much, much more in todays FS Insider podcast.
Urban Carmel, lead writer at The Fat Pitch, says the fundamental and technical backdrop of the market is still bullish while pushing back on fears over housing, autos, weakness in the Dow Jones Industrials sector and other areas that are being currently cited as potential problems for the market or the economy. Urban also explains what we see with current fund flows and the contrarian signal this is giving for US markets and much, much more in todays FS Insider podcast.
FS Insider welcomes Trace Mayer, one of the worlds leading Bitcoin experts and also the host of the widely-listened to Bitcoin Knowledge Podcast, to discuss the exploding price of Bitcoin and why big institutional money has now moved into it in a serious way. Trace also discusses the most recent breakthrough of broadcasting Bitcoin via satellites and why that makes it even more censorship resistant to government interference. Then, Trace explains why the core technological innovation that runs it, the blockchain, could either be a force for good or a force for evil depending on what happens next. If you want to know more about Bitcoin and where its headed, you certainly dont want to miss todays interview!
FS Insider welcomes Trace Mayer, one of the worlds leading Bitcoin experts and also the host of the widely-listened to Bitcoin Knowledge Podcast, to discuss the exploding price of Bitcoin and why big institutional money has now moved into it in a serious way. Trace also discusses the most recent breakthrough of broadcasting Bitcoin via satellites and why that makes it even more censorship resistant to government interference. Then, Trace explains why the core technological innovation that runs it, the blockchain, could either be a force for good or a force for evil depending on what happens next. If you want to know more about Bitcoin and where its headed, you certainly dont want to miss todays interview!
FS Insider interviews Chris Puplava, Chief Investment Officer of PFS Group, to discuss his outlook on the stock market and the economy. Chris Puplava shares his thoughts on the recent market correction, whether further downside is ahead, reliable signs that stocks have reached a bottom, and a number of indicators that look like theyve peaked. Chris also explains why theyve become more defensive and outlines PFS Groups general investment strategy.
FS Insider interviews Chris Puplava, Chief Investment Officer of PFS Group, to discuss his outlook on the stock market and the economy. Chris Puplava shares his thoughts on the recent market correction, whether further downside is ahead, reliable signs that stocks have reached a bottom, and a number of indicators that look like theyve peaked. Chris also explains why theyve become more defensive and outlines PFS Groups general investment strategy.
Jennifer Stevens at International Living joins Financial Sense Newshour to discuss everything you wanted to know about living and retiring abroad, especially when it comes to saving money! Jennifer goes through ILs comprehensive research on the worlds best places to retire in 2017, looking at cost of living, retiree benefits, climate, healthcare, and more. Dont miss what Jennifer has to sayyou may find yourself wanting to move after you hear this interview!
In today's Lifetime Income podcast, we look at the cities and states in the US where you can live well for a much lower cost. We also discuss the various countries around the world that have the highest ranking for where to live and retire. Tomorrow, we'll follow-up by speaking with Jennifer Stevens from International Living on her personal experiences living abroad and their own analysis on the best places to live.
Ryan Puplava, CEO of PFS Group, reports on the wild ride in the stock market this week with an overview of key economic releases and global events. Craig Bullseye Johnson from Piper Jaffray, one of the most accurate analysts on our weekend program, discusses the support levels hes watching on the S&P 500, shares his year-end target, view on interest rates and what he thinks is shaping up to the be the big contrary play for investors. Next up, Frank Holmes at US Global Investors discusses the geopolitical influence on gold prices, his outlook on bonds, and, lastly, his thoughts on oil and other areas.
We are likely in the late stages of a business cycle and the Fed is raising interest rates. It's only a matter of time before a recession arrives and we see another storm develop. The question is, how big of a storm will it be? Today, Jim Puplava discusses the problem areas of the economy and financial markets, how this compares to prior cycles and what we should expect. Then, in part 2 of today's Big Picture podcast, Financial Sense Newshour looks at steps to take before the storm hits.
Shayan Hussain, a senior market strategist from BlackRock, joins FS Insider to discuss their macro outlook, investment strategy, and a large range of other topics including the massive impact of technology on the global economy and, particularly, inflation. Shayan explains why they are reducing risk on the margin and at a critical inflation point in the current market cycle.
FS Insider speaks with Richard Duncan, editor and publisher of Macro Watch, on the details surrounding the Feds proposal to reduce their balance sheet and the impacts this could have on the markets and the economy. Richard has worked as a consultant for the IMF and also as a financial sector specialist for the World Bank. Dont miss what he has to say in this very important interview. Also, if youd like to hear Richards analysis on a more regular basis, enter coupon code financial for a 50% discount off a Macro Watch subscription by clicking here.
For the first time in years, PIMCO is suggesting caution on the markets. With over a trillion of assets under management and millions of investors worldwide, FS Insider spoke with Anmol Sinha, a vice president and strategist at PIMCOs Newport Beach office, to discuss the changes they see coming and what that means in terms of asset allocation strategy for stocks, bonds, currencies, and more.
On todays Lifetime Income podcast, Dr. Wade Pfau, Professor of Retirement Income at the American College of Financial Services and also the founder of Retirement Researcher, joins Financial Sense Newshour to discuss the problem of running out of money in retirement by living longer than expected, also referred to as longevity risk.
According to the data, youll likely spend around $260k out-of-pocket on healthcare costs during retirementand thats if you are lower income. Upper income individuals will pay almost twice that. Unfortunately, these unaffordable costs are likely to increase, which means we are truly facing a healthcare crisis in the US that will eventually implode. Today, we discuss the numbers, trends, and how to plan around soaring costs.
Ryan Puplava discusses the stock market correction this week in reaction to North Korea; Art Hill at Stockcharts.com joins Financial Sense Newshour for an update on market breadth, seasonality, and when he thinks stocks are likely to bottom; Todd Mariano, a geopolitical analyst at Renaissance Macro, discusses the geopolitical situation between the US, China, and North Korea.
Ryan Puplava discusses the stock market correction this week in reaction to North Korea; Art Hill at Stockcharts.com joins Financial Sense Newshour for an update on market breadth, seasonality, and when he thinks stocks are likely to bottom; Todd Mariano, a geopolitical analyst at Renaissance Macro, discusses the geopolitical situation between the US, China, and North Korea.
Given the recent market correction, Callum Thomas of Topdowncharts.com goes through his most recent Weekly Macro Themes report (see here), looking at global PMI data, bank tightening, credit conditions, inflation, and whether the underlying data and trends still support an ongoing bull market here in the US and elsewhere.
Electric vehicles are increasing demand for lithium, cobalt, and copper. In addition, metals like platinum, which are used in catalytic converters for reducing exhaust, will likely see reduced demand if the switch over to EVs continues. Jeff Christian at CPM Group discusses this and much more, including his near- and long-term outlook for gold.
US home prices have now officially surpassed their housing boom peak. Does that mean we are in another housing bubble? Thats a logical thing to assume, says Rick Sharga from Ten-X, the largest online real estate marketplace in the world, but there are a number of very important differences between now and then. Rick explains what those differences are, offers an update on their housing outlook, including when they expect home prices to decline, and then finishes by discussing segments of the US commercial real estate sector and areas of that market seeing pressure.
New York Times bestselling author Joel Fuhrman joins Financial Sense Newshour in this special podcast interview to discuss his latest highly acclaimed book, The End of Heart Disease. From Amazon: Grounded in the latest scientific research and Dr. Fuhrmans twenty-five years of clinical experience treating heart disease, The End of Heart Disease shows us how we can significantly lower cholesterol and blood pressure, reduce weight, heal obstructive coronary artery disease, and even eradicate advanced heart disease all without the need for dangerous procedures like angioplasty or bypass surgery. Dr. Fuhrman shows us how to eat for optimal heart health, with a range of options for differing needs and conditions. He provides detailed menu plans and delicious recipes for heart-healthy meals and snacks and includes helpful questions for doctors and patients.
How much do you need to save for healthcare expenses and whats the best way to go about it? Thats the main topic of todays Lifetime Income podcast where we look at the average figures for healthcare-related expenses, how longevity will affect these estimates, the types of coverage you can and should get (depending on your situation), and everything else you need to know when it comes to planning for healthcare-related expenses.
After this weeks market wrap-up, Ari Wald, Head of Technical Analysis at Oppenheimer, explains why the risk-on trade will likely remain in place aside from a possible correction in the August-September timeframe. Ari discusses the sectors of the market that look favorable and ties together the various trends we see with inflation, oil prices, interest rates, the US dollar, technology stocks, and more. In the second half of todays podcast, Financial Sense Newshour speaks with Greg Weldon at Weldon Online on gold, commodities, base metals, bitcoin, and other areas.
For the US, things are looking pretty good. The Stock market is hitting records, the economy picked up in the second quarter, unemployment is the lowest in decades, wages are rising, and oil prices are stable with gasoline prices still remaining low. Is this as good as it gets? Thats the question we set out to answer and then also explain, when it comes to our own companys investment strategy, why were still dancing. In the second part of todays Big Picture, Jim Puplava elaborates on the final phase of a market bubble, how the topping process unfolds, and the way to navigate through it.
Exponential technology is having a major impact on our world. Steven Kotler likens it to an asteroid hitting the earth, extinguishing the large and lumbering and clearing a giant path for the quick and nimble. In Bold (click here to purchase a copy on Amazon), Steven and Singularity Universitys Peter Diamandis provide an in-depth look at the companies thriving, the technologies they are using, and a how-to guide for entrepreneurs to go big, create wealth and impact the world. This is an interview you will not want to miss.
John Derrick, President of The Derrick Letter, isnt about hype or hidden agendas, just solid research and trading ideas for investors. Today, he speaks with FS Insider on a number of things on his radar, including the steep decline in the US dollar and why that may be about to change, why theres a good reason to expect a pullback in stocks as retail investors are now embracing the market with open arms, and his general thoughts on investment strategy given his top-down, macro view of the US economy and market.
FS Insider speaks with Kay Hymowitz, Senior Fellow at the Manhattan Institute and a contributing editor at the City Journal, regarding the great debate over A.I. and the major reasons why it is likely to prove far more disruptive than any technology that has come before it. Kay discusses machine learning, present and future impacts on the labor market, universal basic income, and how current trends are not favoring a utopian view of the future.
It may not be as bad as you think. The President and Republican tax proposal include individual taxes, corporate taxes, estate taxes, and the loss of deductions. Joining us on today's podcast is Chris Hennessey, a lawyer, CPA, and a member of the Putnam Business Advisory Group, who has extensive consulting experience in finance, investments, taxes, and estate planning.
Most Americans fail a basic financial literacy test. Results also show that women tend to fare much worse than men when it comes to understanding finances. In todays Lifetime Income podcast, Jim Puplava and John Loeffler go through this recent study, how this is directly related to bad investment decisions, and the steps to take that will likely help you succeed in achieving your financial goals.
Ryan Puplava gives this weeks market wrap-up; Jonathan Krinsky at MKM Partners discusses the technical outlook for US and foreign stocks, noting a number a major breakouts internationally and a couple reservations for the US; Robert Rapier takes a look at the energy space and the current strength in oil prices.
In todays Big Picture podcast, Jim Puplava explains how bubbles are created and walks listeners through a number of historys most notable examples. Jims main thesis is that we are seeing another bubble today that is being primarily driven by mindless, passive investing into index funds, which continue to allocate shares into high-priced stocks regardless of fundamentals.
FS Insider interviews PFS Groups Chief Investment Officer, Chris Puplava, on why investors may want to start Preparing for the End Game, as he wrote in his recent quarterly newsletter. Chris discusses his research on Fed tightening cycles and their lead time to a recession, the work of Barry Bannister at Stifel Nicolaus, risk/reward for US stocks, investment strategy, and much more.
FS Insider welcomes Edward Gustely, Co-Founder and Managing Director of Penida Capital Advisors, Ltd. in Jakarta, Indonesia. Edward discusses the explosive population growth coming from Indonesia and wider Asia, including the demand for roads, water, infrastructure, and how these areas of the globe will be the major drivers of economic growth in the future. Edward has played a leading role in building Indonesias Sovereign Wealth Fund, the Infrastructure Guarantee Fund, and is the chief architect of the Indonesia Green Investment Fund launched by Indonesias President for supporting the countrys low-carbon growth plan.
Well-known market forecaster Avi Gilburt of Elliottwavetrader.net offers his latest outlook for the US stock market over the weeks and months ahead, including the timeframe hes warning about for the next major market peak and bear market. Avi also discusses where he sees the US dollar and gold heading, which may take many traders and investors by surprise.
In today’s Big Picture, Jim Puplava gives an update on where the money is being made (and lost) so far in 2017, looking at the Dow Industrials, the S&P 500, the Nasdaq, international stocks, bonds, commodities, and specific market sectors. The second part of today’s Big Picture is titled, “Predicting the Next Recession,” where Jim and John Loeffler discuss the merits of the yield curve and the message coming from other indicators.
Ryan Puplava at PFS Group covers market-moving events, Gary Dorsch at Global Money Trends explains how 2017 is the first year in decades we haven’t seen as much as a 5% pullback in stocks, and Kathy Fettke at Real Wealth Network offers her outlook on the housing and real estate market.
Congress had created new tax incentives when it comes to 401(k)s, pensions, and IRAs. There are two important dates well discuss in todays Lifetime Income podcast, including the different ways to save, how to do so in a tax-efficient manner, and offer some planning perspectives for now and the future.
Ryan Puplava at PFS Group covers market-moving events, Gary Dorsch at Global Money Trends explains how 2017 is the first year in decades we havent seen as much as a 5% pullback in stocks, and Kathy Fettke at Real Wealth Network offers her outlook on the housing and real estate market. Have any comments about todays podcast? Financial Sense Newshour welcomes your feedback! Click here to leave a comment.
In todays Big Picture, Jim Puplava gives an update on where the money is being made (and lost) so far in 2017, looking at the Dow Industrials, the S&P 500, the Nasdaq, international stocks, bonds, commodities, and specific market sectors. The second part of todays Big Picture is titled, Predicting the Next Recession, where Jim and John Loeffler discuss the merits of the yield curve and the message coming from other indicators.
When the leader of the world’s largest hedge fund speaks, people listen. In today’s Big Picture podcast, Jim Puplava looks at the monumental shift underway, leading investment legend Ray Dalio to say that investors should now be dancing close to the exit door with an eye on the tea leaves. The second part of today’s Big Picture is titled, “The Disruptors,” where Jim and John Loeffler discuss the present and historical forces of technology capsizing industrial titans. What do we see on the horizon? Listen and find out.
After this week’s market wrap-up, Dave Nicoski of Vermilion Research discusses Dow Theory, how indexing will ultimately lead to a market bubble, why the tech market closely resembles the ’94 to 2000 time frame, and the technical indicators that we should see at a market top
Just as technology has changed how we live, it has also changed when and how we retire. For example, an increasing number of people are choosing a robo-advisor over a human to help them plan for the future in terms of savings, where to invest, and the overall management of their portfolio. We discuss this process and why it may be time to rethink your advisor, whether human or robot.
Financial Sense Newshour welcomes IraLogix’s Lowell Smith to explain specific strategies that employees and the self-employed can make. Prior to his time in the private sector, Lowell spent nine years in the ERISA enforcement arm of the US Dept. of Labor. He is a widely published expert in the retirement plan space having been published by the likes of “The Journal of Deferred Compensation” and “USA Today Magazine.”
FS Insider is pleased to welcome Caroline Miller, Global Strategist at BCA Research, to discuss her recent webcast, Global Reflation: Where Next for Policy, Profits, and Prices? (click here for slides), where she covers the tectonic shift underway by global central banks, when this is likely to exert pressure on the markets, as well as their outlook on stocks, bonds, corporate profits, oil, and much more. Qualified investment professionals can inquire about their research services by clicking here.
In light of our recent quarterly newsletter, Preparing for the End Game, we are re-airing our interview with Barry Bannister, Managing Director and Chief Equity Strategist at Stifel Nicolaus, where he explains his outlook for a possible US stock market peak in 2018, followed by a recession and bear market in 2019. Bannister also discusses his outlook on commodities, interest rates and bonds, and what current valuations project for long-term future market returns. To read their recent Macro & Portfolio Strategy Outlook and to follow along with the interview, please CLICK HERE.
A large-scale societal shift is underway. People are fighting back against the forces of automation and mass production by focusing on locally-sourced, hand crafted goods and services. FS Insider speaks with Richard Ocejo about his new book, Masters of Craft, where he documents this shift and how certain jobs that havent been around for close to a hundred years are making a comeback.
In todays Lifetime Income podcast, Financial Sense Newshour welcomes IraLogixs Lowell Smith to explain specific strategies that employees and the self-employed can make. Prior to his time in the private sector, Lowell spent nine years in the ERISA enforcement arm of the US Dept. of Labor. He is a widely published expert in the retirement plan space having been published by the likes of The Journal of Deferred Compensation and USA Today Magazine.
Just as technology has changed how we live, it has also changed when and how we retire. For example, an increasing number of people are choosing a robo-advisor over a human to help them plan for the future in terms of savings, where to invest, and the overall management of their portfolio. We discuss this process and why it may be time to rethink your advisor, whether human or robot.