Donald Trump is in the news again. This time with a recent comment about the stock market's coming crash. Steve shares his insights into the markets, as well as the process used at Cordasco Financial Network to help investors understand their risk and position their portfolios accordingly.
On a local topic, Steve addresses the recent Philadelphia visits of Bernie Sanders and Hillary Clinton. Steve recently penned a post for the Philadelphia Business Journal Titled, "The Wall Between Presidential Candidates and Small Business" where he diagnosed this issue in depth. You can get that article by clicking HERE. Steve then shares a personal story about taking his son to Temple University to see Bernie Sanders in person, and speaks with Jason Mardinly--an adjunct professor at Temple about the on campus feeling of Bernie's visit.
Jim Rickards joins the show next, sharing the latest insights on gold from his new book, "The New Case For Gold". Steve and Jim discuss the recent run-up in the price of gold and the appropriate allocation of gold for the everyday investor's portfolio.
Steve concludes the show with a few final points about the recent Department of Labor financial industry ruling and corporate stock buybacks that are flooding the investment markets.
Enjoy the show!
Steve Cordasco had a jam-packed show this week!
Trump vs Clinton - Why do small banks say Hillary is getting their vote? What’s behind the reason for Clinton winning their vote? Would you move your money out of a bank that supports a candidate that you don't like? Gerry Banmiller of 1st Colonial Community Bank weighs in with his opinion on why more small banks say they like Clinton over Trump.
Also, Steve shares some of his thoughts on Trump's talking points about China. Is China really to blame for a decrease in U.S. manufacturing? Steve discusses this issue at length and points you to examine the evidence yourself by reading the latest article on this topic by clicking here: CATO INSTITUTE ARTICLE.
New Student Loan Directed to Parents - There is a new breed of private lenders offering parents a new product to finance a child's education. Is it a good deal? Will it replace the federal lending program? Why are the rates so much lower than the federal loan program? Why are colleges pushing these loans? Is it good for you and your children and grandchildren? Steve covers it in detail and shares some of the "devil in the details".
The new rule that could change your IRA advice - Does the new rule threaten your retirement or worse?
The Difficult Task of Helping our Aging Parents with Finances - Many have accumulated a nest egg and are providing a legacy by living within their means and keeping a close eye on their financial details. However, many aging parents are in a tough spot as they try to keep up with financial matters. As many are becoming incapacitated, finances are getting lost and difficult to handle for loved ones who try to help. How can you avoid this happening to your family? Steve provides tips on how to get involved before it gets too difficult.
Are We Near a Stock Market Crash - We will take a look at the markets and discuss the topic of a stock market crash and if you should be worried. Do you worry about a stock market crash? What makes us worried about a market crash? What can you do now to prepare yourself for the future?
Remember, you can listen to the show LIVE and call-in to share your thoughts every Thursday from 3pm-4pm EST!
Steve Cordasco is back on-the-air in this inaugural episode of "The Your Life, Your Wealth Network"!
In this episode, Steve engages with live callers about the recently released plans for a government mandate of all businesses to provide a "forced" retirement system to their employees. Is this "forced" system a necessary adjustment in response to a broken 401k system, or is this just another instance of government overreach into the private lives of American citizens? You decide.
Along with the discussion of small business, Steve turns his sights to the coming presidential election and the candidates seemingly silent stance on policies that will benefit middle-America small business owners. Bringing in experts, Steve shares soundbites from his one-on-one interviews with world renowned businessman Steve Forbes and economist Art Laffer. Discover what they think presidential candidates Hillary Clinton, Donald Trump, Bernie Sanders and Ted Cruz should be saying to attract the support of small business owners across the country.
Finally, Steve shares more details about the new partnership with local Philadelphia radio station NewsTalk 990 WNPT, and how you can hear the show every Saturday morning at home or in the car.
Don't miss the exciting new LIVE streaming program, "The Your Life, Your Wealth Network"!
Steve Cordasco is back on the air!
The Your Life, Your Wealth program starts with an interview of Jim Rickards; New York Times best-selling author and Chief Global Strategist of the West Shore Fund. Steve and Jim discuss the latest piece from Rickards' Real Time Commentary titled: Back to the Future for the Fed. You can access that commentary HERE. Jim outlines the potential next move of the Federal Reserve, as they try to prevent secular stagnation, and what it means for you.
Next up, Joe Cortese, analyst at investment consulting giant DiMeo Schneider discusses the importance of asset allocation and diversified investment strategies for retirees looking to balance short-term volatility with long-term results. Joe provides excellent insight into the micro-side of the global financial markets.
Finally, Steve has a riveting interview with the Former Assistant Secretary for International Affairs at the Department of Economic Development and Commerce of Puerto Rico, Raul Vidal. Raul explains the recent phenomenon of businesses and retirees relocating to Puerto Rico for the purpose of facing more favorable tax treatment. Steve provides some insight into his experience with retired clients who have gone through the process of retiring in Florida, Puerto Rico, or internationally.
You don't want to miss this!