INVESTOR IN THE FAMILY Radio

Podcast Overview:

• S&P, Dow, Nasdaq, Russell all at record highs last week
• BofA Merrill Lynch survey of global fund managers:
• • Expect global real economy to strengthen over next 12 months: In october 19% agreed with this, after election 35% do
  • Global inflation expectations vaulted to the highest level since 2004
• Is all this optimism as sign the bull market will continue or that we've reached peak?
• Are current stock market gains stealing from 2017?
• Goldman Sachs strategist expects Trump tax reforms to lead to the repatriation of $200B
• • Could be used to pay down raising company debt levels
  • Nonfinancial companies are sitting on $1.6T in cash (12% of assets as opposed to avg of 7%)
• Goldman expects companies to spend $2.6T of cash in 2017
• • 52% on capital exp, R&D, and mergers
  • 48% on buybacks and dividends
• Small cap stocks that could benefit from infrastructure spending are stealing attention from multinationals that could be hit by strong dollar
• Market is behaving like Trump will fulfill promises they like and break the ones they don't like
• AAII survey showed bullishness jump from 23.7% to 50% in just three weeks
• Demand for put relative to calls on SPY shrank to July 2016 levels
• Too early for bulls or bears to draw conclusions
• The S&P traded at 28 times earnings in 1999 but "only" 17 times today
• Stock market cap is 200% of GDP (very high) and interest rates are at record lows and rising fast
• • Can things get more favorable?
• Concerns over what Trump will do with trade partnerships continues
• • "Protectionist" policies could harm US economy
  • Retaliation from trade partners could be a problem

Find more at Investor in the Family.

AT&T is buying TimeWarner, we think. Should T shareholders celebrate or fear this deal? What are the chances of the deal making it past regulators and becoming a reality?

I sit down with Adam, the Dividend Sensei to discuss more.

A quick overview:

• How much debt will the Time Warner deal add to AT&T?
• Will this debt load, in addition to DirectTV debt be manageable?
• How will the acquisition impact future free cash flow for AT&T?
• What new markets is AT&T expanding into?
• What does all this mean for the future of AT&T's dividend?
• Will this solve AT&T's "dumb pipe" problem?
• Will this make AT&T the new king of content?
• Did AT&T structure the deal to offer best value for shareholders?
• And more...

Companies Mentioned: AT&T (T), Verizon (VZ), Time Warner (TWX)

Everybody hates MCD. Well, maybe not. The company has faced stiff competition and hit some road bumps but appears to be back on its feet. How hopeful should shareholders be in the future of MCD?

I sit down with Adam, the Dividend Sensei to discuss more.

A quick overview:

• What obstacles is McDonalds facing?
• Is MCD managment up to the challenge?
• What strategy should investors take toward MCD?
• What challenges is MCD facing internationally?
• How well have new MCD initatives helped to overcome these challenges?
• What does the future look like for MCD?

Companies Mentioned: McDonalds (MCD)

Wells Fargo blew it. Big time. Then why don’t investors seem to care? Join us as we take a deep dive into WFC to understand what actually happened and what investors should expect going forward.

I sit down with Adam, the Dividend Sensei to discuss more.

A quick overview:

• The historical reputation of Wells.
• Why this scandal is a big deal.
• Why this is embarrassing for Warren Buffett.
• How widespread is the scandal?
• What is Wells doing about it?
• When will investors know the true impact?

Companies Mentioned: Wells Fargo (WFC)

Does Ford have the greatest company management on the planet? You might think so after today’s show. Leadership is a big deal to me, I’ve seen it make or break companies over and over.

After hearing what Ford’s leadership has accomplished, their vision for the future, and the valuation prospects for the company, my mouth almost started watering (figuratively speaking, of course).

A few highlights:

• How badly Ford and GM screwed up in the 2000s.
• How Ford and GM re-established themselves.
• Why Ford and GM stocks have been flat.
• What investors are really worried about.
• The future at Ford and GM see it.
• How Ford and GM will confront autonomous vehicles.
• Just how big is the margin of safety for Ford and GM at current prices?

Companies Mentioned: GM (GM), Ford (F), Nissan (NSANY), Tesla (TSLA), Uber (UBER), Lyft (LYFT)

Wells Fargo has been in the news for all the wrong reasons over the past month.

It's no secret that Warren Buffett is a major shareholder in Wells Fargo, how will he respond to the recent developments? Should other investors follow suit?

I sit down with seasoned banker Rick Parsons to learn more.

A quick overview:

• Why Buffett originally bought Wells back in the late 1980s.
• Why he sold in the late 1990s and bought again in early 2000s.
• How he made a bad move with Wells in 2007.
• What he will likely do with his Wells position going forward.
• A simple measure to guide investors as to when it's a good time to buy bank shares.
• How the banking climate has changed.
• Why an increase in interest rates won't help banks like so many people expect.
• What banks will benefit from rising rates.
• What Rick's favorite banks are right now.

Companies Mentioned: Wells Fargo (WFC), Berkshire (BRK.B), PNC (PNC), Huntington (HBAN), Bancorp (FITB), Chase (JPM), Comerica (CMA)

I hope you enjoy the interview.

Just how long is Elon Musk's runway? Tesla continues to race against time and the attempted addition of SolarCity only complicates the matter.

Montana Skeptic has closely followed Tesla as a contributor here on Seeking Alpha. We sat down recently to discuss the current situation and outlook.

A quick overview:

• Why Tesla is far from being the model for automobile safety.
• Responding to the passion of Tesla investors.
• How should people invest in Tesla?
• What will lead to the Tesla balloon popping?
• Why the future of Tesla relies on the Model 3.
• Why the Model 3 won't see a big rollout in 2017.
• The danger of the SolarCity deal.
• The dangerous inter-dependency between Elon Musk's companies.
• How and why the Chevy Bolt is beating the Model S.
• Historical parallels for Musk.
• Why Tesla is not Amazon.
• Outside sources for better understanding Tesla.
• The problem created by subsidies.

Companies Mentioned: Tesla (TSLA), General Motors (GM), SolarCity (SCTY)

It's no secret that many dividend stocks are over-extended in their valuations. What should dividend investors do in light of this?

I caught up to Mark Painter to get his thoughts on where things are and what savvy investors can do to boost yields and lower risk.

A quick overview:

• Why are dividend stocks so overvalued?
• How real is a the "correction" risk for dividend stocks?
• Where can investors go to find yield right now?
• Are there any hidden opportunities in dividend stocks?
• What options are available for boosting dividend yields?
• Is selling now a good idea?

Companies Mentioned: General Motors (GM), Gold (GLD), Utilities (XLU), Treasuries (TLT), High Yield Bond (HYG), S&P 500 (SPY)

Intel has failed with it's attempts to break into mobile. What does this mean for the company's future?

I sit down with Mark Hibben to get a better understanding for what is going on and what the future may hold.

A quick overview:

• Understanding the paradigm shift that has taken place in the semiconductor industry.
• The dagger in the heart of Intel bulls.
• The failure of the commodity chip model in mobile.
• What advantages does ARM have over Intel chips?
• What happens when Qualcomm comes out with an ARM server processor?
• Is Intel moving in the right direction?
• A development bigger than the internet.

Companies Mentioned: Intel (INTC), Apple (AAPL), Samsung, Huawei, Qualcomm (QCOM), Texas Instruments (TXN)

After Apple reported it's first earnings decline in 15 years, what should shareholders make of things?

Mark Hibben and I sit down to discuss where Apple is struggling and whether investors have much to look forward to at this point.

A quick overview:

• Why Mark doesn't buy the peak iPhone concept.
• Will Apple be able to resume growth in future quarters?
• If so, where will the growth come from?
• How Apple continues to fail with iPhone marketing.
• Is the Apple Watch officially a failure?
• Should investors be concerned about the future of Apple?
• Where is innovation coming from in the industry if not from Apple?

Companies Mentioned: Apple (AAPL), Huawei, Microsoft (MSFT), AMD (AMD), Tesla (TSLA)