The new proposed tax reform bill doubles the standard deduction which helps—but will it make the mortgage deduction irrelevant for 90 percent of U.S. home owners? Yes, according to analysts. And if the mortgage deduction is no longer relevant, could it hurt demand for real estate and send prices downward? Yes, by ten percent, according to economists. And how is AirBnB affecting real estate prices with its short term rental business model? You may be surprised. We've got the Wall Street Journal report. Then, agricultural commodity expert Terry Shveda with Decadian joins us for the Q & A
It’s a JOE FRIDAY—Senior Loan Officer Joe Capitano joins us for a very timely update on the real estate market and NEW TRENDS in mortgage lending, but first find out why investors are rejecting , by an 8 to 1 margin, a MomentumETF up 29% this year, in favor of a value ETF --up only 10% on the year…
Impulse buying in the check out lane is big business--very big! In fact, that's what is keeping candy and gum makers up at night as more groceries are sold online. How can food companies and grocers get people to make more impulse purchases online? Hershey, and others are trying to mimic the experience of buying a last minute chocolate bar, soda, or bottle of water in the checkout lane, where 56% of shoppers always or often purchase a snack. We'll show you some of their latest ideas featured in the Wall Street Journal
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!