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Wealthtrack - Weekly Investment Show - with Consuelo Mack
I like the show but find it a little creepy that the show's sponsors are often associated with guests who appear on the shows. I don't think Lewis Rukeyser's show ever took money from companies represented by panelists or guests, and in my view this gave the program "Wall Street Week" more credibility which will probably be unmatched in my lifetime.
Rupal Bhansali's Arial International fund is fair on its 3 and 5 year track record. FMI International is better choice with respect to return and risk. I look for consistency, low downside risk, and reasonable ER. Alex Umansky manages 5 Barons funds. Not one of my favorite fund family.
Fidelity Study Link:
Tipping Point for the Global Economy:
Appropriate to sell stock here.
Riskiest market since the late 20's.
Long term different for everyone than 2008 (obvious 12 years later).
Interest rates have been low because the economy is slow.
Corporate debt on the verge of becoming junk debt and the banks owns that debt.
there are shallow and steep recessions, this one is going to be terrible.
cash #1 investment.
In part II of our interview with financial thought leader, Jason Trennert
"We have to solve the biology before we can solve the economy" Erin Bromage
A link to his 2013 Paper (Helicopter Money):
June 12th Episode:
June 19th Episode:
June 26th Episode: Wealth-Track_Breakfast_with_Dave_2020_06_24.pdf