WEALTHTRACK
306 episodes - English - Latest episode: 21 days ago - ★★★★★ - 230 ratingsConsuelo Mack has a long and distinguished career in business journalism. In 2005 she struck out on her own to launch her dream program, a weekly half-hour program on public television devoted to helping Americans build and protect their wealth over the long-term. Now in its eighteenth season, CONSUELO MACK WEALTHTRACK has been dubbed the “Cramer Antidote” by the press and Money Magazine named Mack “The Best Money TV Host.” WEALTHTRACK is the only program on television devoted to long-term diversified investing in all of the investments people care about. Support this podcast: https://podcasters.spotify.com/pod/show/wealthtrack/support
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Episodes
Influential Strategist Ed Yardeni Critiques Artificial Intelligence, Economists & The Bull Market
March 30, 2024 13:27 - 25 minutes - 23.8 MBInfluential economist and strategist Ed Yardeni tackles why AI isn’t intelligent, economists have been so wrong and the bull market could continue. WEALTHTRACK episode 2040 broadcast on March 30, 2024. --- Support this podcast: https://podcasters.spotify.com/pod/show/wealthtrack/support
Exciting investment opportunities with award-winning global value investor Sarah Ketterer
March 22, 2024 18:34 - 25 minutes - 23.6 MBCauseway Capital’s Sarah Ketterer describes a range of global companies with outstanding values. WEALTHTRACK #2039 broadcast on March, 22, 2024March --- Support this podcast: https://podcasters.spotify.com/pod/show/wealthtrack/support
A leading bond analyst shares his strategy for picking top-performing stocks for the year ahead
March 15, 2024 18:40 - 25 minutes - 23.6 MBLeading bond analyst Martin Fridson explains his tested strategy for identifying top-performing stocks for the year ahead. WEALTHTRACK #2038 broadcast on March 15, 2024 --- Support this podcast: https://podcasters.spotify.com/pod/show/wealthtrack/support
Early bull Ed Yardeni calls this the roaring 2020s with the economy and stocks advancing
March 08, 2024 19:49 - 25 minutes - 23.6 MBPart 1 of 2: Leading bond analyst Martin Fridson explains his tested strategy for identifying top-performing stocks for the year ahead. WEALTHTRACK #2037 broadcast on March 8, 2024 --- Support this podcast: https://podcasters.spotify.com/pod/show/wealthtrack/support
Portfolio Housecleaning
February 10, 2024 06:00 - 26 minutes - 23.8 MBPart 2 of 2 How to streamline your retirement planning by decluttering and consolidating accounts with Morningstar’s retirement guru, Christine Benz. WEALTHTRACK episode 2033 was originally broadcast on February 09,2024. --- Support this podcast: https://podcasters.spotify.com/pod/show/wealthtrack/support
Tax-Efficient Investing: Optimizing Asset Location with Higher-Yielding Assets
February 03, 2024 06:00 - 25 minutes - 23.6 MBWe speak with Christine Benz, Morningstar's personal finance guru, about the significant impact of higher yields on retirement planning. Benz discusses the potential benefits of adding a basic fixed immediate annuity to retirement plans, the importance of asset location for higher-yielding assets, and the advantages of investing in defined maturity bond funds. She also shares insights on the iShares I bond Term TIPS ETFs and the implications of higher interest rates on portfolio returns. Don...
Investing with Discipline: Seeking Opportunities in Challenging Markets
January 27, 2024 00:29 - 25 minutes - 23.7 MBWe dive into the real risks facing the markets with global value investor Matthew McLennan. As markets climb a wall of worry, McLennan shares his insights on protecting yourself from inevitable declines and sticking to a disciplined investment approach. We explore the key concerns and opportunities in the financial landscape. Stay tuned for valuable insights from McLennan, Co-Head of the global value team at First Eagle Investments, discusses the multiple risks facing “complacent” markets an...
Investment Strategies: Unveiling Major Themes for 2024 with Jason Trennert
January 20, 2024 13:37 - 25 minutes - 23.7 MBJoin renowned financial thought leader and strategist Jason Trennert as he shares his major investment themes for 2024 in this episode of WEALTHTRACK. Gain insights into the current state of the economy and markets, and discover potential risks and opportunities that lie ahead. Trennert discusses the performance of giant tech stocks, the importance of portfolio rebalancing, and investment strategies for areas that have lagged behind. Explore the rise of populism and its impact on global mark...
Asset Allocation Strategies: Building a Strong Investment Portfolio
January 13, 2024 11:00 - 25 minutes - 23.8 MBWe have a fascinating discussion with Sebastien Page, Head of T Rowe Price's global multi-asset division, about the new regime we find ourselves in. But what exactly does this regime change mean? Well, for the first time in 40 years, we have seen a higher high in fed funds, marking the end of the era of near-zero interest rates. This shift has significant implications for portfolio construction and diversification strategies. In this interview, Sebastien Page shares his insights on how this ...
Investing in China: Financial Developments and Opportunities
December 22, 2023 06:16 - 25 minutes - 23.7 MBIn this episode of WEALTHTRACK, we explore the topic of emerging markets and their current investment potential. Our guest, Andrew Foster, a renowned portfolio manager and founder of Seafarer Capital Partners, shares his insights on why emerging markets are no longer a growth story. Foster emphasizes that the investment case for emerging markets lies in individual companies rather than countries. He highlights the challenges faced by companies in China, such as government interference and en...
Finding Compelling Values: Insights from Star Portfolio Manager David Giroux
December 16, 2023 03:30 - 25 minutes - 23.5 MBDavid Giroux discusses the impact of AI on companies' cost structures and margins, highlighting the potential for increased productivity. Companies like Alphabet (Google) and their use of AI to make programmers more productive, leading to margin expansion. Giroux also discusses investment opportunities in sectors like utilities, healthcare, and industrials, emphasizing the importance of a longer time horizon for investment success. WEALTHTRACK # 2025 broadcast on December 15, 2023 More Inf...
Cash Reserves & Cautious Predictions: Ed Hyman's Approach
December 09, 2023 03:30 - 25 minutes - 23.7 MBAnnually, the anticipation for economist Ed Hyman's insights peaks as he's consistently ranked Wall Street's top economist for 43 years. Last year, he tracked the Federal Reserve's tightening policies, predicting a slowdown in inflation and warning of a potential recession if credit conditions tightened further. WEALTHTRACK episode 2024 broadcast on December 08, 2023 More Info: https://wealthtrack.com/wall-streets-longtime-1-economist-ed-hyman-shares-his-high-conviction-calls-for-2024/ B...
Recession Risk Analysis: Jeff Schultze's Perspective on the Economy [2023]
December 01, 2023 17:15 - 15 minutes - 14.5 MBJeff Schultze, head of economic and market strategy at ClearBridge Investments, discusses the possibility of a recession and the current state of the economy. He shares insights on recession risk indicators, the consumer's financial health, the banking system, and the Federal Reserve's ability to respond. WEALTHTRACK Episode 2023, published on December 1, 2023 More Info: https://wealthtrack.com/strategist-jeff-schulze-explains-why-the-slowing-economy-can-coexist-with-a-rallying-stock-mark...
High-Yield Bonds: Exploring Profitable Opportunities in Fixed Income
November 25, 2023 00:30 - 28 minutes - 26.1 MBTwo leading municipal bond managers, Duane McAllister and Lyle Fitterer, who oversee Baird’s award-winning suite of municipal bond funds, including its 5-star, Silver-rated Baird Core Intermediate Municipal Bond Fund, present a compelling case for muni bonds. WEALTHTRACK Episode 2022, published on November 23, 2023 More Info: https://wealthtrack.com/the-highest-yields-in-nearly-20-years-make-a-compelling-case-for-municipal-bonds/ --- Support this podcast: https://podcasters.spotify.co...
Interest Rates and Market Speculation with Financial Historian James Grant
November 18, 2023 00:30 - 25 minutes - 23.8 MBPart 2 of 2 Financial thought leader and historian James Grant is marking the 40th anniversary of his influential Grant’s Interest Rate Observer, a twice-monthly, self-described “independent, value-oriented and contrary-minded journal of the financial markets.” Grant shares his insights on a wide range of financial topics, including booms and busts, corporate finance, inflation, and the evolution of central banking. Grant also discusses his prescient analyses of the 2007-2009 credit cris...
Bond Bear Market on the Horizon
November 17, 2023 18:12 - 26 minutes - 23.8 MBPart 1 of 2 James Grant, Founder and Editor of Grant's Interest Rate Observer, joins us to discuss the history of bond market cycles and why the dramatic rise in interest rates that began in March of last year might have ushered in a prolonged bear market in bonds. Grant argues that bond yields have trended in generation-length periods, with each cycle lasting at least 20 years. He believes that the bull market in bonds that began in the early 1980s has now come to an end, and that we are ...
Value Investing: Lessons Learned
November 03, 2023 23:00 - 26 minutes - 23.9 MBBruce Berkowitz is the founder and CEO of Fairholme Capital Management and a legendary value investor. In this exclusive interview, he talks about his deep value, contrarian approach, his current strategy, and the lessons he's learned over the years. Berkowitz's Fairholme Fund was once a top performer, returning better than 13% annualized returns in its first decade. But it has since lagged the market and become extremely volatile. Today, 82% of the fund is concentrated in one stock: The St...
Bond Market Update: Why Bonds Are Back
October 27, 2023 23:30 - 25 minutes - 23.7 MBIn a world where stocks have been the go-to asset class for income and returns, bonds are making a comeback. That's the view of Mary Ellen Stanek, Co-Chief Investment Officer of Baird Advisors and President of the Baird Funds, who says that the Federal Reserve's aggressive rate hikes have made bonds more attractive to investors. Stanek argues that the rapid rise in interest rates has created opportunities in the fixed-income market, as bond yields have increased to their highest levels in y...
China's Economic Challenges: Impact on Global Economies and Markets
October 12, 2023 23:30 - 30 minutes - 27.9 MBThe political, demographic, and policy headwinds causing China’s economy to slow and possibly unravel with serious repercussions for the world’s economies and markets. WEALTHTRACK Episode 2016, published on October 12, 2023 --- Support this podcast: https://podcasters.spotify.com/pod/show/wealthtrack/support
Portfolio Lessons: Navigating Market Cycles
September 15, 2023 23:30 - 26 minutes - 24.1 MBPart 2 of 2 Our rare interview with legendary investor Steven Romick, Co-Portfolio Manager of the FPA Crescent Fund which he founded 30 years ago. Morningstar gives the gold-rated fund high marks for its focus on capital preservation and strong stewardship. Since 1993, Crescent has generated equity-like returns with less risk than the overall market. Its nearly 10% annualized returns match the S&P 500 but with significantly less decline during downturns and faster recovery. Earlier this...
Rising Interest Rates: How to Realign Your Portfolio
September 08, 2023 23:35 - 26 minutes - 23.9 MBIs the 60/40 Portfolio Is Obsolete? The traditional 60/40 portfolio of 60% stocks and 40% bonds has been a staple of investment advice for decades. But in 2022, it failed to deliver the goods, declining about 16%. Mark Cortazzo says that the rapid rise in interest rates has caused a "massive change" in fixed-income returns. This means that traditional safe assets are back, and it's time to reset portfolios. Cortazzo is a Senior Vice President and Financial Advisor with the Wealth Enhancem...
The Muni Bond Market Today: Expert Insights [2023]
September 01, 2023 23:30 - 26 minutes - 24 MBDiscover the state of the municipal bond market post-2022 interest rate surge! Munis had their worst year since 1981, with a -8.5% return. Yields doubled from 1.03% to 2.63%, causing record outflows of $122 billion. Join us with muni bond expert Robert DiMella, Co-Head of MacKay Municipal Managers, as he shares insights on market recovery and tax-free opportunities. What are the opportunities and risks in the tax-free market now? WEALTHTRACK episode 2010 broadcast on September 01, 2023 Mor...
Mastering Market Volatility: Lessons from Steven Romick
August 26, 2023 02:30 - 25 minutes - 23.7 MBPart 1 of 2 Discover insights from renowned investor Steven Romick, Co-Portfolio Manager of the FPA Crescent Fund, which celebrates its 30th anniversary this year. Unlike most funds, FPA Crescent has not only survived but thrived for three decades, delivering almost 10% annualized returns with lower volatility than the S&P 500. Its success lies in maintaining equity-like returns with reduced market risk and avoiding permanent capital losses. Morningstar's Gold analyst rating and the 2013 ...
An Essential Guide to Mutual Fund Investing: “The Thrilling 33”
August 04, 2023 23:30 - 26 minutes - 23.9 MBSelecting the best mutual funds to achieve long-term financial goals remains a challenging task for investors. Russel Kinnel, Director of Manager Research for Morningstar, has dedicated nearly three decades to this endeavor. He oversees Morningstar's North American Morningstar analyst ratings committees, responsible for vetting the prestigious Morningstar medalist ratings frequently cited in the financial world. Kinnel's extensive experience analyzing various fund types and prominent fund ...
Growth Investing: Riding the A.I. Boom
July 28, 2023 23:30 - 26 minutes - 24 MBDiscover the future of AI investments with Michael Lippert, Head of Technology Research at Baron Capital. He believes AI is now at its transformative inflection point. Join us for an insightful discussion on his recently published report, 'Investing in AI: Opportunities and Risks,' where we explore the potential of AI as a game-changing technology. As the Portfolio Manager of Baron Capital's high-growth stock-oriented Baron Opportunity Fund, he shares his strategies for identifying compa...
Inside Vanguard's $2 Trillion Index Portfolios with Gerry O'Reilly
July 21, 2023 23:30 - 26 minutes - 24 MBUncover the secrets behind managing the world's largest mutual fund, the Vanguard Total Stock Market Index Fund, in this captivating episode of WEALTHTRACK. Join Gerry O'Reilly, the fund's principal portfolio manager, as he reveals the active management required for this trillion-dollar behemoth. Learn about O'Reilly's inspiring journey from Ireland to the 1988 Seoul Olympics before delving into his impressive track record. Gain insights into the misconceptions surrounding index fund managem...
Exploring Investment Opportunities in Climate Change
July 14, 2023 23:29 - 25 minutes - 23.6 MBClimate change, a topic of daily conversation, has sparked a global industry worth billions and, soon, trillions of dollars. Discover investment opportunities in this field through the expertise of Lucas White, Lead Portfolio Manager of GMO's successful Climate Change Strategy. With the impressive performance of GMO's Climate Change Fund, which beats its benchmark and boasts 12% annualized returns, investors gain exposure to companies combatting climate change and adapting to its effects. Wh...
Small-Cap Stocks: Are They Due for a Breakout?
July 07, 2023 23:30 - 25 minutes - 23.7 MBSmall-cap stocks in general have generated subpar returns in the last five years and have underperformed large-cap stocks by a wide margin over the last nine. However, Royce believes that small caps are due for a significant and lasting rebound. He says that history is the best guide to future performance, and that small caps have outperformed large caps over the long term. Chuck Royce is a small-cap pioneer with over 50 years of experience in the investment industry. He is the chairman of ...
The Future: Markets, AI & Climate Change with Jeremy Grantham
June 30, 2023 23:30 - 25 minutes - 23.8 MBJeremy Grantham, investment legend and long-time value investor, warns of a bubble of "epic proportions" in the bond, stock, housing, and commodities markets. Grantham, who has accurately predicted market bubbles in the past, believes that the current market is overvalued and due for a correction. He cites three factors that are contributing to the bubble: low interest rates, easy credit, and excessive speculation. Grantham also discusses his views on climate change, bursting market bubble...
Financial Crisis Analysis: Lessons from Past Market Turmoil
June 16, 2023 14:40 - 25 minutes - 23.7 MBIn a recent essay published in The New York Times, Richard Bookstaber, a renowned risk expert, suggests that we may be on the brink of a new era of crisis. Drawing from his extensive experience in risk management, Bookstaber has a track record of identifying and addressing risks in both private and public institutions. As the Chief Risk Officer of Fabric, a platform focused on risk management for wealth managers and individuals, he has played a crucial role in navigating financial crises and...
Bullish Outlook: Savita Subramanian Debunks Stock Market Misconceptions
May 26, 2023 23:56 - 25 minutes - 23.7 MBPart 2 of 2 American investors have had a love-hate relationship with stocks since their early days of trading under a buttonwood tree on Wall Street in 1792. However, recent setbacks, including a challenging year for equities in 2022 and rising yields on fixed income investments, have led to a cooling of investor sentiment. We welcome back Savita Subramanian, an influential strategist serving as the Head of U.S. Equity and Quantitative Strategy at BofA Global Research. She challenges the p...
Recession Warning: Fed Tightening Cycles Lead to Economic Downturns
May 19, 2023 17:30 - 26 minutes - 23.9 MBDavid Rosenberg, a well-known economist, believes that the United States is in a recessionary bear market. He predicts that the S&P 500 will eventually bottom at 3100, and he has positioned his personal portfolio accordingly. Rosenberg's predictions are based on his analysis of the Federal Reserve's tightening cycle, which he believes will lead to a recession. He also points to the recent failures of Silicon Valley Bank, Signature Bank, and First Republic as evidence that the economy is wea...
A Better Investment Choice: Cyclical Sectors
May 12, 2023 23:39 - 25 minutes - 23.8 MBThe recent aggressive interest rate hikes by the Federal Reserve caused a crisis in some super-regional banks, but the damage has been contained and has not affected the entire banking industry. However, Federal Reserve Chair Jerome Powell believes that the economic toll of such aggressive tightening could be different this time. Savita Subramanian, Head of U.S. Equity and Quantitative Strategy at BofA Global Research, also shares this opinion and recommends stocks over bonds and cyclical se...
Impact Investing vs ESG: A Financial Expert's Perspective
May 05, 2023 23:30 - 25 minutes - 23.8 MBWe have a very interesting guest who has publicly voiced a major policy difference on ESG investing. Terrence Keeley, CEO, and Chief Investment Officer of 1PointSix LLC, left BlackRock, one of the world's largest investment managers, in July 2022 to publish his book, SUSTAINABLE: Moving Beyond ESG to Impact Investing. In his 40-year investment career, Keeley has never advised a client to invest in ESG, and he joins us to explain why ESG investing doesn't work and what does. This is a rare ...
Is the 'Don't Fight the Fed' Strategy Dead? Ed Yardeni Weighs In
April 28, 2023 23:30 - 26 minutes - 23.8 MBPart 2 of 2 We continue our interview with Ed Yardeni, an experienced economist, strategist, and Fed watcher who has been closely following the Fed throughout his 40-year investment career. Yardeni is the author of “Fed Watching for Fun and Profit: A Primer for Investors” and head of his own global investment strategy firm, Yardeni Research. He believes that anticipating the actions of the Federal Reserve System's Federal Open Market Committee (FOMC) is critical to successful investing. ...
Why U.S. Treasuries Aren't 'Risk-Free' Anymore
April 28, 2023 17:59 - 26 minutes - 23.9 MBJamie Dimon, Chairman and CEO of JPMorgan Chase, is considered the best financial executive in the country and recently weighed in on the banking system's recent turmoil. He believes that simply satisfying regulatory requirements is not sufficient in managing risks, which requires constant and vigilant scrutiny as the world evolves. He also points out that most of the risks in the U.S. banking system were hiding in plain sight and that recent changes in regulatory requirements would not have...
Investment Strategies: Conflicting Trends [2023]
April 14, 2023 23:30 - 26 minutes - 23.9 MBPart 1 of 2 After a tough 2022, big tech stocks are back and leading the market rally. According to research firm Strategas, ten stocks, including Apple, Microsoft, Nvidia, Meta, Tesla, Amazon, Alphabet, Salesforce, AMD, and Broadcom, have accounted for 90% of the S&P 500's year-to-date gains. This dominance of a handful of stocks has investors facing some interesting choices, including cash, which is back with money market funds offering yields as high as 5%, and gold, which has recently...
Retirement Planning: Strategies for a Secure Future
April 07, 2023 23:28 - 26 minutes - 23.8 MBPart 2 of 2 Planning for retirement and replacing a work paycheck with savings can be a daunting task, especially with the current challenges of market declines, inflation, rising interest rates, and the threat of recession. Christine Benz, Morningstar's director of personal finance, is passionate about simplifying retirement portfolio planning and has identified six retirement blind spots: retirement date risk sequence-of-return risk low-yield risk inflation risk health care/long-te...
How Dividend-Paying Stocks Provide Protection in a Declining Market
March 24, 2023 23:30 - 25 minutes - 23.6 MBThis week, the Federal Reserve raised its key short-term interest rate for the ninth consecutive time, bringing it to the highest level since September 2007. While Fed Chair Jerome Powell acknowledged the dilemma that the Fed officials faced, the banking system's turmoil has been a cause of concern following the recent bank failures. However, Powell assured that the banking system is sound and resilient, and the Federal Reserve is prepared to use all tools as needed to keep it safe and sound...
Financial Strain and the Economy: Insights from Economist Nancy Lazar
March 17, 2023 23:30 - 26 minutes - 23.9 MBIn this episode of WEALTHTRACK, leading Wall Street economist Nancy Lazar discusses the resilience of the U.S. economy, despite several canaries in the coal mine examples of financial strain. Lazar shares her insights on why the economy is holding up better than expected and what we can expect moving forward, including the impact of the Federal Reserve's efforts to slow down the recovery. Lazar, a highly-ranked economist since 2001 and has been on Barron's 100 Most Influential Women in U.S. ...
Small-Cap Stocks with Short-Term Problems: The Secret to Beating the Market
March 09, 2023 18:30 - 23 minutes - 21.9 MBFirst Eagle’s small-cap portfolio manager, Bill Hench, has a long track record of beating the market and the competition by discovering hidden gems among small-cap stocks with short-term problems. WEALTHTRACK episode 1937, published on March 09, 2023 --- Support this podcast: https://podcasters.spotify.com/pod/show/wealthtrack/support
EXTRA: Clements on The Toughest Retirement Challenge
March 04, 2023 20:22 - 3 minutes - 3.66 MBAward-winning personal finance columnist Jonathan Clements discusses the number one topic among his HumbleDollar newsletter readers and a strategy to ease the burden. WEALTHTRACK episode 1936 published on March 03, 2023 In this second week of the winter fund-raising season for Public Television, we are revisiting a very popular interview from award-winning personal finance reporter and HumbleDollar editor Jonathan Clements. He addresses the new financial realities of higher interest ra...
EXTRA: Clarida on 2% Inflation: Defending The Feds Solution
February 17, 2023 20:24 - 4 minutes - 4.2 MBThis is additional commentary from Richard Clarida that didn't make it into the episode. Legendary Fed Chairman Paul Volcker was highly critical of the Fed’s policy of targeting 2% inflation, saying he saw “no theoretical justification” for it and that if successful, it “would mean the price level doubles in little more than a generation.” In this EXTRA exclusive, Former Fed Vice Chair Richard Clarida defends the 2% solution. --- Support this podcast: https://podcasters.spotify.com/pod/sh...
Index Fund Investing: The Simple and Accessible Way to Successful Investing
February 11, 2023 00:30 - 26 minutes - 24 MBInvesting can be simple and accessible to the average person, says financial thought leader and economist Burton Malkiel. Malkiel, author of the investment classic "A Random Walk Down Wall Street," has 50 years of research to back up his claim. In his latest edition of the book, Malkiel emphasizes that investors would be better off buying and holding a broad-based index fund rather than attempting to buy and sell individual securities or actively managed mutual funds. Malkiel's beliefs are ...
International Market Investment Opportunities
February 04, 2023 00:30 - 25 minutes - 23.8 MBPart 2 of 2 Matthew McLennan will assess the investment climate in international markets and tell us where he is finding world-class companies selling at substantial discounts to their U.S. peers. The global economic outlook for 2023 is uncertain with the World Bank cutting its growth forecast to 1.7% from 3% and stating the "global economy is perilously close to a recession". The International Monetary Fund slightly raised its growth estimate to 2.9% due to China's reopening and slowing i...
Monetary and Fiscal Tightening: Understanding the Risks of High Debt Levels
January 28, 2023 00:04 - 25 minutes - 23.8 MBPart 1 of 2 The Federal Reserve is currently facing a debate on Wall Street about how much longer it will continue to fight against inflation. The Fed's goal is to bring the inflation rate down to a long-term average of around 2%. Some investors believe that the Fed will continue to stay the course and keep fighting inflation, while others are tracking the slowdown in inflation indicators and believe that the Fed may cut rates in the second half of the year. Matthew McLennan, Co-Head of th...
Inflation Target of 2%: Insights from Former Fed Vice Chair Richard Clarida
January 21, 2023 00:30 - 25 minutes - 23.8 MBThe best advice investors could have received at the start of 2022 was to not fight the Federal Reserve as it embarked on its most aggressive tightening cycle in more than 40 years. By raising the federal funds rate and continuing to hike, investors who recognized the impact on bond and stock prices could have avoided a lot of pain. As we move into 2023, the best advice for investors remains the same - "Don't fight the Fed." The Federal Reserve is being clear about its intentions to continu...
Financial Planning 101 with Charles Ellis: Matching Your Needs
January 14, 2023 00:30 - 26 minutes - 23.8 MBCharles Ellis, also known as "Charley," is a highly influential thinker in the investing world. He has been a frequent guest on WEALTHTRACK for 17 years and is considered "Wall Street's Wisest Man" by Money magazine. He has authored 20 books, with the most famous being "Winning the Loser's Game," which is now in its 8th edition. In 2022, he published "Figuring it Out: Sixty Years of Answering Investors' Most Important Questions," a collection of his most thoughtful and thought-provoking arti...
Maximizing Returns in a Post-Crisis World: The Role of Macro
January 07, 2023 00:45 - 26 minutes - 23.9 MBIn the past, stock investing focused on individual companies and their specific attributes, with a relatively small percentage of the population participating. However, the markets have since expanded, and market participation, particularly through retirement accounts, has increased significantly. This has led to the realization that macro factors, such as the global economy, geopolitics, and domestic politics, are important to consider in investment decisions. Jason De Sena Trennert, Co-Fo...
China's Economic Slowdown & Political Crackdowns
December 30, 2022 14:45 - 4 minutes - 4.23 MBThe original firm that Ed Hyman co-founded - ISI Group, International Strategy and Investment, recognized from the very beginning that China would have an important role to play in the world economy. How right they were. As China allowed the private sector to flourish and opened up to foreign investment, it became the world’s second-largest economy. Under the dictatorial regime of President Xi Jinping, many of those policies have been curtailed to China’s detriment. Hyman’s view of China has...