The Wall Street Journal reports that online retailing is driving business away from shopping malls at a very fast pace. Greenstreet Advisors analyzes that Sears Holdings Corp would need to close up to 43% of its stores to regain the sales per square foot they had in 2006, adjusted for inflation. Penney, Macy's and other retailers will also need to be closing a large number of stores. Sears is tapping into the fortune of Bill Gates for some relief but the writing is on the wall: Here comes Amazon. In the Q & A, CPA Nick Stefaniak joins the A-Team to talk about what happens when you are collecting social security AND earning income from work.
It's being referred to as an "earnings recession". Earnings have now fallen farther than any time since the 2008 crisis. Revenues have declined for five quarters in a row. What's next for stocks? Steve and Sinclair review a Wall Street Journal report. Then CFP Murray Titterington joins the A-Team to discuss his selection process for the IQ Wealth Black Diamond Dividend Portfolio. Learn the difference between Dividend Aristocrats, Dividend Achievers, and Dividend Kings--and why many stocks do not qualify for the portfolio. Learn how to grow capital with dividends.
Our listeners know that Smart Is The New Rich, but can it be true that BEEF is the new Chocolate?! Hershey Company is moving into selling beef bars to beef up its sales as health and eating habits change. Steve AND Sinclair review the Wall Street Journal scoop. Then, whatever happened to BlackBerry? Steve and Sinclair welcome the author of LOSING THE SIGNAL, Wall Street columnist Jacquie McNish. Losing The Signal was a Forbes top 15 business book about the rise and fall of Blackberry. Find out about the rise and fall from a person who was near the action.
Gold is up nearly 20% this year--will the trend continue? What is the most tax efficient and private way to own gold? Does itreally belong in your IRA? Precious metals expert Nick Grovichjoins Steve and Sinclair to dig into the tough questions your goldbroker hopes you never ask. Then Steve has an interestingWall Street Journal report on how airlines may be charging youmore for multi-city flights this summer, i.e., the multi-citypackage on major airlines suddenly costs twice as much as bookingindividual flights. Here's why travel agents say that paying extracould end up saving your vacation.
Are you planning to travel or retire overseas? Before packing your bags, it’s important to know just how portable your health insurance is—including your Medicare insurance. Newer forms of short term medical insurance are available that can give you medical evacuation benefits to fill gaps when you are out of the country. Some cover a heart attack, but not the flu or food poisoning. In the Q & A segment, Steve answers some key questions on annuities--which types cost the least, pay the most, and offer more security.
It's the "Case of the Missing Oil"-- The Wall Street Journal reports that last year, there were 800,000 barrels of oil PER DAY unaccounted for by the International Energy Agency. Where is it? What happened? If its true, the oversupply that has pushed oil prices down may be less than the market thinks, meaning oil is underpriced. Oil is up 16% on the year. Will this accounting flaw spell a further rebound in oil? Steve AND Sinclair have the report.. Then, in the Q & A segment, estate planning attorney Richard Dwornik is here to reveal some case histories that may shock you! Then Steve has a report on progress being made in drugs to treat melanoma from Merck and Bristol Myers. It could save some lives and lead to block buster drugs for these companies.
The Wall Street Journal reports on the fast proliferation of Artificial Intelligence and that we are only ten short years away from seeing bots all over the place in grocery store parking lots, and maybe even walking dogs. Driverless cars are already here and industry experts say that bots may soon have IQ's in excess of 200 and even 500. But what about ethics? Should your car swerve to save the life of the child who just chased his ball into the street-- at the risk of killing the elderly couple driving the other way? Intriguing study. Then, CFP Murray Titterington is here to lend his insights into selecting dividend stocks, followed by Steve reporting on surprising new trends in the airline flying habits of Americans.
Once upon a time, the Calgary Canada real estate market was roaring. Today, the housing market in the oil capital of Calgary has been hit so hard it makes the challenges faced by U.S. oil towns look relatively mild. Currency woes for the Canadian Looney make it worse for Canadians, but American second home buyers are scooping up bargains near Banff. Steve and Sinclair review a Wall Street Journal report. Then, experienced commercial real estate attorney Christopher McNichol is here for the Mastering Money Q & A, followed by Steve reviewing breaking research that caffeine, applied to the scalp, may be an effective treatment for...baldness!! (You can't make up stuff like this)
Target Date mutual funds are now riskier than ever according to a growing number of analysts. There are two ways to lose: the market falling, and interest rates rising. Although target-date funds are designed to automatically lower your exposure to the market as time goes on, the place you land is in bond funds. With interest rates near 200-year lows, is that a wise move? Not if you are looking to keep your money safe and create retirement income. In fact, Warren Buffett says bonds today "should come with a warning label"! In the Q & A, its dividends, dividends, dividends. Mr. Chuck Carnevale, renowned dividend expert and editor of FastGraphs.com offers his insights on dividend stock selection, followed by Steve reporting on what's happening at Chipotle. Will their coupon efforts work to get customers back?
Amazon's free shipping has taken the retail world by storm. As people get more and more comfortable with online purchases, they are buying bigger, heavier, and more awkward items. Did you know they are only required to drop-off on the sidewalk? A new business is springing up for unique deliveries as Fed Ex and UPS are beginning to balk. Steve and Sinclair review a Wall Street Journal report. Then Gary Kaltbaum talks about earnings season and his recent travels to Asia.