May 29, 2020
As we continue to assess the economic damage inflicted by the COVID-19 pandemic, adjusting household budgets to the reality of our situation will be key to financial survival. RIA Advisors Director of Financial Planning, Richard Rosso, CFP w Certified Financial Planner, Danny Ratliff, CFP, expound on household...
May 29, 2020
Market Commentary; Economic effects of Pandemic; 42% of Layoffs will be permanent job losses; wages no longer "sticky;" CARES Act is here to stay; Math Can Save Your Household: Ratio's & Radical Downsizing; resetting expenses; assume you're not going to get a raise; What if Unemployment hits 6% w 4% inflation? Why not...
May 28, 2020
It's just scandalous that professional athletes and team owners must accept 50% pay cuts, dropping their income from $300-million to only $150-million. That's rough. RIA Advisors Chief Investment Strategist, Lance Roberts, w Portfolio Manager, Michael Lebowitz, discuss life in America in a post-COVID economy--which will...
May 28, 2020
Power outages & Cherry Cobbler; Watching the economic numbers as the recovery begins; Michael Lebowitz on Baseball players' salary cuts, shortened season, optics; What's happening in America; NFL Status; Initial uptick in economic activity from pent-up demand: Is it repeatable? Amount of outstanding debt & size of Fed...
May 28, 2020
Consumer behavior will be key as America begins to re-open for business in a post-COVID world. RIA Advisors Chief Investment Strategist, Lance Roberts, w Economic Policy Institute Director, Pedro da Costa, discuss what's next for the economy, the role of the Federal reserve, and what their advice to Jerome Powell...