Politics and the economy take center stage as President Trump continues to talk tough on tariffs and international trade. Steve discusses how the President's new Chief Economic Adviser, Larry Kudlow, uses his communication skills to reduce public concern and ultimately calm jittery markets.
Next, Steve discusses ways to prepare for a bear market, including how to deal with the media hype and how to avoid making emotional investment decisions. Steve also talks about finding the right asset mix of stocks, bonds, and appropriate cash reserves.
Then, Steve discusses the hidden threat of lawsuits. It's a growing trend and more common than many believe. Steve looks at specific examples that may put you at risk, and how best to protect yourself and your wealth through liability insurance. Steve details why managing risk is an important part of overall financial planning.
Finally, Steve goes full circle on the recent Larry Kudlow media interviews with some interesting audio of Larry being somewhat challenged by his old friend, Fox Business host Neil Cavuto.