This week on “Money Talks,” Jennifer Thomas, CFP®, and K.C. Smith, CFP®, join hosts Matt Hames, CTFA, and Troy Harmon, CFA, CVA, to discuss the JOLT Survey, PPI and the employment situation, as well as earnings from Cisco. The experts also delve into a case study of a family wanting to begin saving for college for their children, ages 8 and 10. They also answer listeners’ questions on inheriting an IRA and how best to invest the assets, the effects of an inverted yield curve and robotics companies.
Our experts focus on a family that wants to begin saving for college for their children. We discuss the decisions that need to be considered before they start saving.
Our experts discuss the week’s economic releases, including the JOLT Survey, the Producer Price Index and the employment situation. The week began with the markets closing in the red zone both Monday and Tuesday on depressed prices as Energy and Technology stocks weighed on the markets. Midweek the markets were mixed while reports showed retail sales remained unchanged in April. By Thursday, the S&P closed at a new all-time record level. The upswing continued through Friday to bring the weekly results into the green.
The “Money Talks” experts address listeners’ questions on how to invest an inherited IRA, the effect of an inverted yield curve on the banking sector and robotics companies iRobot Corp. and ReWalk Robotics, Ltd.
This week on “Money Talks,” Ben Crowe, CFP®, CFA, C.P.A. joins Dr. Gene and Troy Harmon, CFA, CVA, to discuss the broad economics that moved the market. They also focus on a small business in need of a valuation before it is sold fully to one partner and she then merges with another business. The show is rounded out with listener questions on income taxes and chocolate and sugar confectionary, Hershey Co.
The “Money Talks” hosts discuss factory orders, international trade and the ISM Services Index. The week began with the S&P ending just shy of a record close, only to fall back on Tuesday. The market continued to fall mid-week when Federal Reserve Chairwoman Janet Yellen drew attention to elevated valuations in the equity market. Above-average stock valuations have for years been a concern for investors as the bull-market in equities enters its sixth year. The S&P 500 index now trades at 17.5 times the last 12 months of earnings; the 10-year average P/E ratio for the index is 15.8. The week ended on a strong note with stocks stepping up with the release of monthly employment numbers. Labor Department data showed an addition of 223,000 jobs in April.
This week on “Money Talks,” your hosts, Troy Harmon, CFA, Daniel Rigby, CFA and Nick Antonucci, discuss consumer confidence, the minutes from April’s Federal Open Market Committee meeting, and the stagnation of personal income and whether or not investors deem the markets as overvalued. The Research Analysts also discuss the ECB’s quantitative easing program and tackle listeners’ questions on alternative energy’s effect on traditional energy utility investment company DNP Select Income Fund, Twitter’s rapid drop in price during the week, technology companies Internap Corp., and MercadoLibre Inc.
Our Research Analysts address the concern that the U.S. Markets may be overvalued.