August can often be a rocky month for the stock market, but could this be a sign that a recession is approaching?

New Focus on Wealth with Chad Burton

English - August 06, 2019 21:29 - 37 minutes - 8.88 MB - ★★★★ - 60 ratings
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Previous Episode: Medical costs are the least fun part of retirement planning. A healthy lifestyle not only keeps expenses low, but it also gives you more time for the things you love!

Next Episode: Think back to last year, did yesterday’s headlines sound familiar? Don’t cave in to doom and gloom media. Timing the market is a fool’s game.

Many people classified yesterday as a “tough day for the markets”, but if you follow market trends it looks a lot like your typical August. The Feds cut interest rates for the first time in more than a decade with the 10 year treasury sinking to pre-Trump numbers. The end result: the most extreme inverted yield curve since 2008. Other topics include:

While the S&P 500 is up since January it is flat for the last 12 months -What are corporate earnings telling us? Protecting yourself from port-out scams where you lose your cell phone number Protecting your passwords and using 2 factor authentication My favorite retirement allocation

Email your money question to [email protected] , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.