This is week is the anniversary of the Crash of 1987 which saw a 22% one day decline--biggest one day drop in history and, which would be over five thousand points on today’s Dow! How did it happen? History shows that computer programmed trading was the culprit. The machines started selling which caused people to sell which caused the machines to sell more--We’ll find out why many analysts believe that programmed trading once again, will likely be what brings this market down one day
It’s a LARRY KUDLOW MONDAY! The former Ronald Reagan economist and CNBC syndicated talk show host weighs in on money, politics, markets, tax reform, Donald Trump, and more with well known guests from Washington to Wall Street!—
If you liked the movie Catch Me If You Can, you won't want to miss today's show! We’ve got a very special guest lined up for you today—Mr. Frank Abagnale, the real life character that the movie is based on. He’ll be sharing some of his experiences and let us know which scams you really need to be on the look out for right now. He still assists the FBI and says computers are making crime easier, not harder
The Wall Street Journal reports that an obscure central Asian country last month raised $500 million dollars--in real green money-- in its first-ever international bond sale, paying just 7.125% in annual interest which drew a “swarm” of American and European buyers. The 10 year bonds are rated Single B minus--six notches below investment grade. Banks, including CitiBank says the Journal, actually bought a good share of these bonds. Find out who else bought these bonds--it might be YOU by the way if you own certain mutual funds--and learn how to pronounce the name of the country!! Steve promises he will tell me how!!
Stem cell regenerative therapy is growing in both viability and popularity. We’ll have one of Arizona’s top stem cell physicians and pioneers with us for the Q & A session to answer questions about how it works and why it works. Can the effects of arthritis and other degenerative conditions be reversed? You may be surprised to learn the answer. But first, in the Market Intel segment, we’ll review investment newsletter guru Mark Hulbert’s statistical analysis of this current market ---and what signs of a market top are flashing right now!
Millennials have replaced baby boomers as the most populous generation—creating a wave of consumers for companies to target, but first they have to teach them how to do stuff, like mow lawns and use a hammer. Find out what Home Depot and JC Penney have done to increase their sales. Then, commodities expert Terry Shveda with Decadian joins us for the Q & A
Could the Equifax breach affecting 143 million Americans' highly sensitive information allow crooks to start receiving your social security check? Its not far-fetched. They can open a new bank account in your name and change your address with the Social Security Administratiion—easily, according to an authority on the subject. We’ll dig in! Then estate attorney Richard Dwornik joins us in studio for timely advice on living trusts, wills, and powers of attorney.