Transcript: Marie Marinovich: How does Ukraine Russia situation affect the US economy? Tom Vaughan: Okay, so the key here is we there’s a lot going on with Ukraine and Russia besides the financial aspects, right? So it’s always difficult to answer this question. But if we’re going to take a look at how this might
Transcript: Tom Vaughan: Hello, everybody, welcome to Monday, the S&P 500 was down point three 9%. Today, really the big catalyst seem to be news coming out of China industrial production and China was down 2.9% For this April versus last April, and retail sales were down 11.1%. And obviously, both of these are attributed
Transcript: Marie Marinovich: I’m hearing in the news that we are heading towards a recession. What is a recession? And what does it mean to the stock market? Tom Vaughan: Okay, yeah, this is a really big deal. The on a very technical terms, a recession is two quarters of gross domestic product, negative right
Transcript: Tom Vaughan: As always, I like to start off every show with just a summary of what I saw happening in the market this week. Of course, you know, this last couple of years have been really amazing to me in terms of just the complexity of all the things that are happening, and
Transcript: Tom Vaughan: Hello, everybody, welcome to Thursday. The S&P 500 was down point one 3%. Today actually had a nice rally up at the end of the day. The NASDAQ actually went all the way into the positive at the end of the day. So a little bit of a bounce off the bottom
Transcript: Easan Arulanantham: I’m getting married soon. This is my second marriage. And my partner and me both have previous our kids from previous marriage, should we be combining our finances? And what are some pitfalls to avoid? Tom Vaughan: Yeah, we run across this all the time. Lots of times lots of families, second
Transcript: Tom Vaughan: Everybody, welcome to Tuesday, the S&P 500 was up almost a quarter percent today, NASDAQ was up about 1%. Today, couple important things that happen number one, the s&p for example, opened up and then fell down, right to the top of the support level that I’ve been talking about, and then
Transcript: Easan Arulanantham: Sir, next question is not really a question. But a concept that we have to go over a lot in our client meetings is why trying to lose less is important. Tom Vaughan: Yeah, it’s sort of a situation where, you know, as a client, you don’t wanna lose anything. I mean,
Transcript: Tom Vaughan: Hello, everybody, welcome to Monday, the S&P 500 was down 3.2% today. And really the main catalyst right away this morning was a report that came out of China that showed that their production dropped in April, which is to be expected with the number of people that they have locked down.
Transcript: Easan Arulanantham: How does the Fed control the job market? Since like the fed only has a limited amount of tools? So how do they specifically, like slow demand for jobs? Tom Vaughan: Yeah, I mean, let’s review what those tools are, first of all, and there’s lots of little ones. But the three