Wondering where the auto manufacturing jobs went when they left Detroit? Try Mexico, automakers have sunk over $15 billion dollars into the Mexican economy building plants where the minimum wage is $4 a day! Then, Gary Kaltbaum joins Steve and Sinclair.
Warren Buffett is about to lose eight dollars a second on a windfall investment he made during the 2008 crisis, according to the Wall Street Journal. Find out why Dow Chemical wants out of the deal that's already made Buffett $1.5 billion dollars and counting! Then CPA Nick Stefaniak is here to discuss new tax rules and penalties on social security and Obamacare.
Find out which stock, Target or Walmart, gets rejected this quarter from the IQ Wealth Black Diamond Dividend Portfolio! CFP, MBA, and Certified Investment Management Analyst Murray Titterington with IQ Wealth Management is here to break it down.
Forget pork bellies. Did you know that Shanghai's steel rebar futures contract has become the third most traded contract in the world by dollar volume? Would you like to hear about a hedge fund that has reportedly averaged over 36% with it? Can you make mega-dollars in your underwear without really trying? Steve and Sinclair have the Wall Street Journal report, don't miss it!!
FACTSET is reporting that In the second quarter, FORTY-FOUR S&P 500 companies--the most in a decade-- paid an annual dividend that actually exceeded their latest 12 months of net income--in other words, paying ALL profits out in dividends!! Experts say, of course, it's not sustainable--Steve names the names of some big companies doing it right now-- But first, gold expert Nick Grovich is here to analyze the precious metals market and where its headed.
Why is insurance conglomerate AIG saying 'I told you so' to Met Life? ...and, does anyone know the trade-in value on a used blimp, ...and will Snoopy be forced to move his water dish to a new home?' Steve and Sinclair have the insightful Wall Street Journal report on the money involved, and from what we understand, we're not talking about peanuts here!!
Why did food scientists at Hershey company spend a year and a half working to cut the number of ingredients from its classic chocolate syrup? Apparently, the company's marketing brain trust wanted the product's label to be short and sweet. Steve and Sinclair cover a Wall Street Journal report on what experts say is the biggest shift in food marketing since World War ll. Then Estate planning attorney Richard Dwornik is here to discuss Digital Estate planning!
More than 5,000 stocks are eliminated through a mathematical process to come up with fewer than 25 stocks in the IQ Wealth Black Diamond Dividend Portfolio! CFP, MBA, and Certified Investment Management Analyst Murray Titterington, also a Browns fan, is here to review just how that process works.
Gary Kaltbaum joins Steve and Sinclair, but first...What do Toyota, Nissan, Honda, BMW, Volkswagen, and KIA all have in common? They are building more and more of their cars in Mexico where the minimum wage is $4 a DAY!! Now, suddenly, the car makers are reporting personnel shortfalls as workers have begun protesting-- saying they are simply not getting enough pesos to stay on the assembly lines. Steve and Sinclair have the financial report.
Professional Scrabble has become one of the most popular "sports" in the world. A Wall Street Journal report says that many of the strategies used in winning Scrabble translate into high-level trading and investing. Steve and Sinclair have the report.