Financial Sense Newshour
Cris Sheridan welcomes analyst Urban Carmel. During the historic tech bubble of the late 1990s, stock valuations soared far higher than ever before. With stocks today already above historical averages, could we expect to see the same level of euphoria happen again, driving stocks two or three times higher from where they stand today?
Ross Hansen, founder of Northwest Territorial Mint, joins Jim to discuss the “investor fatigue” in the metals markets over the last few years. Ross notes how the big banks have been investing Fed money into the stock market in recent years, and gold has been largely overlooked.
For most Americans, their largest asset is their home. This week Jim and John discuss a growing trend among Boomers: tapping income from one’s home by renting out a room or rooms as another means of providing retirement income.
John Kosar at Asbury Research believes the S&P 500 may test its 200-day moving average and correct to around 1900. He is also looking for a short-term gold rally between October and Thanksgiving. Also in this segment, Ryan Puplava has this week’s Market Wrap-Up...
Jim’s first Big Picture topic is about the Leading Economic Indicators (LEIs) and why they are signaling a soft patch ahead. They indicate weakness in housing, mortgage applications and durable goods. Jim discusses the reasons behind the soft patch and why it will likely be temporary.
Neil Dutta, Head of U.S. Economics at Renaissance Macro Research, discusses the expected Federal Reserve rate hikes next year, and if the markets will react with excessive volatility, or take them in stride.
Jeffrey Saut, Chief Investment Strategist at Raymond James Financial, is short-term cautious but believes we have now entered the second phase of this bull market, with institutions finally accepting the bull and getting invested.
Axel believes Fed Chair Janet Yellen wants interest rates to remain low for the foreseeable future, and will likely be late in raising rates. He sees inflation arriving eventually. They discuss why central banks around the globe are all trying to cheapen their currencies.
Cris Sheridan welcomes Carlota Perez to discuss the findings of her widely read book, “Technological Revolutions and Financial Capital: The Dynamics of Bubbles and Golden Ages.” As she explains, technological revolutions aren’t random but occur on average every 60 years...
This week Jim and John discuss how a successful retirement is about more than just one number. They discuss the importance of knowing your marginal tax bracket, the number (assets) you need to retire, your monthly budget number, and also the three phases of retirement.