This week on “Money Talks,” the hosts discuss the week’s market moves Industrial production, the producer price index and the Fed’s Beige Book. They also cover McDonald’s wage increase and housing news. Our experts also take a closer look at the robo-advisor trend in this week’s case study about an investor who is considering a robo-advisor for his retirement portfolio.
Our experts explore a case study of a do-it-your-self investor who is approaching retirement and is considering switching to a robo-advisor to manage his money.
The “Money Talks” hosts cover the week’s market moves Industrial production, the producer price index and the Fed’s Beige Book, which covered activity from mid-February through March, showed modest-to-moderate growth in most districts, while labor continued to improve or remained stable. On Wednesday, industrial production dipped 0.6 percent in March. On Thursday, turbulent trading led to an afternoon downsizing. Stocks traded lower on Friday, following market sell-offs in Europe and Asia. Meanwhile, consumer confidence is up this month. The University of Michigan’s consumer sentiment index jumped to 95.9 in the first half of April, from a reading of 93 in March. A sharp decline propelled by events overseas on Friday left U.S. stocks lower for the week.
Our experts answer listeners’ questions on the better play for the natural, organic food trend: United Natural Foods or Whole Foods, and whether Lumber Liquidators will rebound from their recent product scandal.
This week on “Money Talks,” Dr. Gene is joined by Matt Hames, CTFA, Charlie Holloway, CFP®, CDFA™, and Troy Harmon, CFA, to discuss the Nonmanufacturing Index, Job Openings and Labor Turnover, FOMC minutes from the March meeting, and oil inventories. The show’s featured case study focuses on the equitable division of assets during a divorce, and how financial planning can help prior to, during and after the divorce. The experts also answer listeners’ questions on tax records and reporting, defense contractors Raytheon and Boeing, Core-Mark Holdings and MEDNAX.
The “Money Talks” hosts discuss the Nonmanufacturing Index, Job Openings and Labor Turnover, Federal Open Market Committee minutes from the March meeting, and oil inventories. Energy stocks were the market movers for the week, making headlines on Monday, Tuesday and Thursday. Labor Department data showed initial jobless claims ticked up by 14,000 to 281,000 last week versus an expected increase of 17,000.
Our experts address listeners’ questions on retaining tax records, how tax reporting should be handled for a joint account, and defense contractors Raytheon and Boeing.
This week on “Money Talks,” Dr. Gene and Troy Harmon, CFA, are joined by Jennifer Thomas, CFP®, to discuss the market’s rough week. Economic releases for the week included the Consumer Price Index, New Home Sales and Durable Goods. The experts discuss a case study of a couple who are wondering if they should pay off their mortgage before they retire or if they should refinance and carry a mortgage through retirement. Listener questions on Series EE bonds and railroad transportation company Union Pacific Corp are also answered.