This week on “Money Talks,” Henssler Norton Insurance’s President of Commercial Insurance, Brian Borngesser, joins Matt Hames, CTFA, and Research Analyst Nick Antonucci to discuss the week’s market movements, mortgage applications and the producer price index. In this week’s case study, Brian helps the hosts explore a question about a business owner who operates her business out of her family’s home. The experts look at the insurance policies she should have in place to protect her business and inventory. The experts also answer listeners’ questions on what company insurance covers, integrated energy company Enertgy, and U.S. marketer and distributor for food Sysco.
Our experts consider a business owner who operates her business out of her family’s home. The experts look at the insurance policies she should have in place to protect her business and inventory.
Despite being closed Monday in honor of the President’s Day holiday, stocks got off to a great start on Tuesday after being beaten down on a global economic slowdown. The S&P 500 rallied to its biggest two-session gain since August as investors piled into Financial and Technology stocks and sold off other “safer” asset classes such as gold and treasury bonds. Oil prices fell despite Saudi Arabia, Russia, Qatar and Venezuela saying they wouldn’t increase crude oil output above January levels. All three major indices closed the day more than 1% higher. The rally carried over into Wednesday partially due to a recovery in oil prices and positive economic data, which included an uptick in the Producer Price Index and positive industrial production data. Stocks fell for the first time in three sessions on Thursday due to tepid earnings and declines in Energy stocks. Investors remained apprehensive that global economic concerns could spill over into the U.S. Oil prices also fell as U.S. inventory data showed another increase in stockpiles of crude. Stocks finished mixed on Friday, the markets second-lowest volume day of the year, but positive for the week with the Dow, Nasdaq and S&P 500 all up more than 2.5% for the week. Friday’s drop came as an indication that investors still want to see more positive economic data before piling further into stocks.
Our experts discuss listeners’ questions on integrated energy company Enertgy, U.S. marketer and distributor for food Sysco and how much company insurance will cover when your company-owned items are stolen.
Our market experts discuss the advantages and disadvantages of investing in gold. They also compare investing in gold versus investing in the stock market.
Our experts discuss the debate on whether or not Apple should hack the San Bernardino terrorist’s iPhone and what consequences may arise from this decision.