Financial Sense Newshour
This week Jim and Cathlyn discuss a problem more retirees are facing today; outliving one’s assets. This is a potentially huge issue for the Baby Boom generation, which is expected to live longer than any previous generation. One aspect often ignored in retirement budgets is medical expenses, which figure to only go higher in the future.
Erik Townsend and Chris Puplava sit in for Jim this week on the Big Picture. In the first topic, Chris looks at the bond market and discusses possible factors why bond yields are falling, and what this could mean for the global economy ahead.
Jim welcomes back Ralph Acampora of Altaira Wealth Management this week. Ralph is a pioneer in the development of market analytics and has a global reputation as a market historian and a technical analyst. He sees international capital still coming into the US stock market.
Jim welcomes back Rick Santelli, On-Air Editor at CNBC, reporting live from the floor of the Chicago Board of Trade. Rick’s focus is primarily on interest rates, foreign exchange, and the Federal Reserve. Rick discusses interest rates today, and notes that major central banks are destroying the risk premium and distorting markets.
Jim welcomes back Ned W Schmidt CFA, Publisher of The Value View Gold & The Agri-Food Value View Reports at Schmidt Management Company. Ned notes that ag prices and ag exports are going up, and increasing demand is the key factor behind higher prices.
Jim welcomes back Rick Sharga, Executive Vice President at Auction.com. Rick and Jim discuss the outlook for real estate, and Rick sees significant headwinds for the balance of 2014. The market had become overheated in 2013, with record low interest rates. According to Rick, the days of “Ninja” lending...
Cris Sheridan, Senior Editor of Financial Sense welcomes Steve Hanke, Professor of Applied Economics at The Johns Hopkins University. Professor Hanke contends that Federal Reserve policy causes boom and bust cycles, as hot money flows throughout the globe.
This week Jim and Cathlyn discuss emergency preparedness. In the wake of natural disasters such as Hurricanes Katrina, Rita and Super Storm Sandy, as well as the devastation of tornados, wildfires and earthquakes in various regions of the country, the importance of being prepared when disaster strikes cannot be overstated.
Jim’s first Big Picture topic is “The American Renaissance: don’t bet against it”. He describes it as another coming megatrend, similar to the Reagan Revolution following the gloomy 1970’s. He discusses the technological changes of the last decade, and how they are now unfolding at an accelerating pace.
Jim welcomes back Richard Dickson, Chief Market Analyst at Lowry Research. Richard sees distribution taking place, and notes that big cap stocks could be joining small caps on the downside.