Retire SMART Podcast

It’s a major crisis for U.S. banks. According to Cryptopolitan, U.S. banks’ unrealized losses soar to 7 times their crisis levels back in 2008! David Brooks shares what this means for the economy and markets.

David expands on recent federal reserve data showing that commodities are on the rise, yet again, and how eggs have taken a massive hit. Plus, a fun breakdown of the top ten rudest, and least rude, cities in the US.

Should the Department of Justice break up the alleged monopoly, that is Google? Are we seeing today a repeat of the S&P Index, as it was in 2007? And now that we’re halfway through the season, is David Brooks sticking with his prediction for the Huskers? David Brooks has answers to these questions in today’s Q & A episode.

Are you an entrepreneur or own a small business? Today, David invites Attorney Colin Kastrick, with Kastrick Law, to talk about a potentially missed regulation from Uncle Sam called a “B.O.I. Report,” as well as other tips to help you get into the proactive planning mindset for your estate.

It’s a perfect storm for the FED! Inflation came in hotter than expected, as did jobless claims, and stagflation is here. David Brooks continues down this rabbit hole by revealing how the Bond market is the true barometer for inflation levels.

David unpacks how even with the recent Fed rate cuts, mortgage rates are continuing to go up, and why the Federal Reserve is incredibly low on its reserves.

Can someone retire with $400,000 in a 401(k) if they’re single and over 60? Should we be concerned with the current number of American households in which at least 25% of the income comes from the government? And what is going on with the multitude of over 1,400 CEOs announcing their departures? David Brooks has answers to these questions in today’s Q & A episode.

Are you on team David, or team David? Is it possible to be a fan and follower of both Davids? Today, financial advisor, Alex Murray, joins David Brooks in the studio to talk through Dave Ramsey’s 7 baby steps to financial peace. 

David “looks under the hood” of another jobs report, claiming that U.S. job creation roared higher in September as payrolls surged by 254,000.  And why the increase of Government jobs, as opposed to non-government jobs, does more harm to the American economy than good.

David forecasts the future of the market by looking to a past “soft landing” prediction by Janet Yellen; also, David highlights an article on luxury stocks slipping, revealing that even wealthy Chinese consumers are holding back in fear of an overall economic downturn.