The Fed: Did You Miss Them?

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With all the news on the riots and the hubbub over the Corona Virus, you may not have noticed that the Federal Reserve has suddenly gone quiet.

Next week is the periodic meeting of the Federal Open Market Committee. This is the group that meets 10 times a year and sets the interest rate for the country.

And in a quaint bow to tradition, the Fed is in “Blackout” this week. All so that they don’t overwhelm us with too much data.

Check out this episode!

The Fed: Did You Miss Them?

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With all the news on the riots and the hubbub over the Corona Virus, you may not have noticed that the Federal Reserve has suddenly gone quiet.

Next week is the periodic meeting of the Federal Open Market Committee. This is the group that meets 10 times a year and sets the interest rate for the country.

And in a quaint bow to tradition, the Fed is in “Blackout” this week. All so that they don’t overwhelm us with too much data.

Check out this episode!

The Modern Monopoly.

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When we think of the giant technology companies of today, we tend to think in terms of their founding story. Their ethos.

 

For Apple Computer we think of the story of the Steve Jobs and Steve Wozniak inventing their personal computer in the Job’s family garage. Or bill Gates, dropping out of Harvard, and acquiring the software that would later power Microsoft.

 

But these founding stories, greatly understate the scope and range, that these companies became. Each one of them, quickly morphed from an innovative technology startup, into a financial colossus.

 

Check out this episode!

The Modern Monopoly.

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When we think of the giant technology companies of today, we tend to think in terms of their founding story. Their ethos.

 

For Apple Computer we think of the story of the Steve Jobs and Steve Wozniak inventing their personal computer in the Job’s family garage. Or bill Gates, dropping out of Harvard, and acquiring the software that would later power Microsoft.

 

But these founding stories, greatly understate the scope and range, that these companies became. Each one of them, quickly morphed from an innovative technology startup, into a financial colossus.

 

Check out this episode!

The Modern Monopoly.

[iframe style=”border:none” src=”//html5-player.libsyn.com/embed/episode/id/14635121/height/100/width//thumbnail/no/render-playlist/no/theme/standard/tdest_id/1152068″ height=”100″ width=”” scrolling=”no” allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen]

When we think of the giant technology companies of today, we tend to think in terms of their founding story. Their ethos.

 

For Apple Computer we think of the story of the Steve Jobs and Steve Wozniak inventing their personal computer in the Job’s family garage. Or bill Gates, dropping out of Harvard, and acquiring the software that would later power Microsoft.

 

But these founding stories, greatly understate the scope and range, that these companies became. Each one of them, quickly morphed from an innovative technology startup, into a financial colossus.

 

Check out this episode!

How Americans Manage The Financial Crisis.

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Once again we’re seeing the average American, manage their finances in the most prudent manner. I call you attention to the twin reports released on Friday: Personal Spending and Personal Income.

On the Spending side, we saw consumers across the country stop all but essential spending. In the biggest spending drop since they’ve kept records, consumer spending dropped nearly 14% in April. Just exactly what every financial advisor would recommend when times get tough.

Making this move even more impressive, was that Americans cut back on spending, in spite of a 10% jump in income for the month. This increase in income was due to the fast response in direct government aid.

So, as we end the month of May, we see Americans around the country, saving, not spending as they prepare for what inevitably will be a challenging recovery. As the average Joe demonstrates that he fully understands what’s ahead financially.

Check out this episode!

How Americans Manage The Financial Crisis.

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Once again we’re seeing the average American, manage their finances in the most prudent manner. I call you attention to the twin reports released on Friday: Personal Spending and Personal Income.

On the Spending side, we saw consumers across the country stop all but essential spending. In the biggest spending drop since they’ve kept records, consumer spending dropped nearly 14% in April. Just exactly what every financial advisor would recommend when times get tough.

Making this move even more impressive, was that Americans cut back on spending, in spite of a 10% jump in income for the month. This increase in income was due to the fast response in direct government aid.

So, as we end the month of May, we see Americans around the country, saving, not spending as they prepare for what inevitably will be a challenging recovery. As the average Joe demonstrates that he fully understands what’s ahead financially.

Check out this episode!

Perhaps The Worst Has Passed.

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As anyone who has lived through those horrible wildfires out west will attest. The worst part can be returning home. If you’re lucky your house is still standing.

But, if you’re not so fortunate, your house could be burned to the ground. A smoldering pile of rubble in what once was your home.

It can be devastating.

It is often a hit or miss proposition, with some people spared, while others have all of their belongings destroyed.

To me, this is exactly how the Quarantine has been.

Check out this episode!

Perhaps The Worst Has Passed…

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As anyone who has lived through those horrible wildfires out west will attest. The worst part can be returning home. If you’re lucky your house is still standing.

But, if you’re not so fortunate, your house could be burned to the ground. A smoldering pile of rubble in what once was your home.

It can be devastating.

It is often a hit or miss proposition, with some people spared, while others have all of their belongings destroyed.

To me, this is exactly how the Quarantine has been.

Check out this episode!

Perhaps The Worst Has Passed.

[iframe style=”border:none” src=”//html5-player.libsyn.com/embed/episode/id/14601527/height/100/width//thumbnail/no/render-playlist/no/theme/standard/tdest_id/1152068″ height=”100″ width=”” scrolling=”no” allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen]

As anyone who has lived through those horrible wildfires out west, will attest. The worst part can be returning home. If you’re lucky your house is still standing, because this time you’ve been spared the ravages of the fire.

 

But, if your not so fortunate, you house could be burned to the ground. A smoldering pile of rubble in what once was your home.

 

It can be devastating.

 

It is often a hit or miss proposition, with some people spared, while others have all of their belongings destroyed.

 

To me, this is exactly how the Quarantine has been.

Check out this episode!

We’ve Lost More Than Jobs…

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There is a sentiment that I’m hearing around town, that goes something like this: Sure, we’ve lost a lot of jobs in the country, but everyone is getting paid, so it’s really OK.

 

So let’s talk about this idea, that everything is OK because people are getting paid.

Check out this episode!

We’ve Lost More Than Jobs…

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There is a sentiment that I’m hearing around town, that goes something like this: Sure, we’ve lost a lot of jobs in the country, but everyone is getting paid, so it’s really OK.

So let’s talk about this idea, that everything is OK because people are getting paid.

Check out this episode!