Couverture de We Are Talking Money

We Are Talking Money

De : Phil Clark
  • Résumé

  • As your wealth grows, life can quickly become complex, creating the need for more focused planning around finance, tax, and legacy planning. Illuminating your blind spots with the right information is the basis for controlling risks and enjoying that which matters most to you. Our podcast is dedicated to creating better outcomes in a complicated arena. Our curation of timely information was developed from our passion to help our listeners address the many elements that affect intended outcomes. We have a long and successful track record of working with people who want to grow and protect their assets, and succeed.
    2022 OmniStar Podcasting We're Talking Money
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    Épisodes
    • Spell Check - Week 12 Market Performance - Phil Clark & Dustin Hocken talk Recession Preparation, Budgets and more - Episode 3
      Apr 16 2023

      Week 12 Market Performance:

      Dow Jones Industrial Average: W12 +1.18%; YTD +0.38%

      S&P 500: W12 +1.39%; YTD +3.42%

      Nasdaq: W12 +1.66%; YTD +12.97%

       

      Questions Answered in this Episode:

      Why is personal savings so low?

      What are simple ways to reduce your spending and keep an eye on your budget?

      Best way to prepare for a recession?

      What does the .25% rate hike mean for the markets and the consumer?

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      33 min
    • Spell Check - Week 11 Market Performance - Silicon Valley Bank Collapse - Episode 2
      Mar 28 2023

      Week 11 Market Performance:

      Dow Jones Industrial Average: -.15%; YTD Performance: -3.88%

      S&P 500: +1.43%; YTD Performance: +2.01%

      Nasdaq: +4.41%; YTD Performance: +11.12%

       

      Silicon Valley Bank Mission Statement: 

      “Our mission is to increase the probability of our clients’ success. For nearly 40 years, Silicon Valley Bank has helped innovators, enterprises and their investors move bold ideas forward, fast.”

      Silicon Valley Bank sold $21B worth of US Treasuries and Agency securities for a ($1.8B) loss after tax.

      Fed's response: .25 Basis Point (.25%) rate hike.

      What does it mean? Find out by listening to Episode 2.

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      21 min
    • Spell Check - Fed Sentiment Analysis and Lifestyle Check - Episode 1
      Mar 19 2023

      2022 Market Performance

      Dow Jones: -8.78%

      S&P 500: -19.44%

      Nasdaq: -33.10% 

      2023 Market Performance (through trading week 9)

      Dow Jones: .74% (YTD)

      S&P 500: 5.37% (YTD)

      Nasdaq: 11.68% (YTD)

      Fed Sentiment

      Jerome Powell and co. are dead-set on lowering the inflation rate to their target of 2%. My argument is that rate increases will occur well into the summer months. 

      Consumer Spending

      Consumer spending remains strong. After seeing a cooling of the metric in October, November, and December of 2022, January data jumped 1.8%. 

      Personal Savings Rate

      The personal savings rate just bounced off an all-time low, but it didn't bounce high. The savings rate is still near an all-time low and it seems consumers are still on a spending spree. 

      Consumer Credit

      Consumer credit is high. There is likely correlation between the savings rate and consumer credit - inversion. The savings rate and consumer credit inverted for the first time since 2008 (on a percent change from a year ago basis). 

       

      What does all of this mean? Listen to Spell Check to find out my take!

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      15 min

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