Steve Forbes: What's Ahead

First up, Steve speaks to a number of topics such as inverted yield rates which could mean a recession is coming, a great anecdote about his dad, Malcolm Forbes, Hong Kong and Iran continued tensions and upcoming financial reports including home sales and unemployment insurance claims.

Then, recent stock market turmoil has investors asking: What’s the best path for fantastic—and sustainable—wealth creation? Prepare yourself for a happy shock! It’s not high-tech stocks—unless you can always pick winners like Facebook and avoid the countries busts. David Bahnsen, author of The Case for Dividend Growth, makes the remarkable case that a dividend-growth strategy is the best way to superb, long-term returns. And get this: the kind of volatility we see now can be an investor’s best friend. Bahnsen tells us what to look for to find these great stocks.

Lastly, Steve’s “Read Of The Weeks” are three articles. They are: Top Secret Teens: The Highschoolers Recruited By The National Security Agency by Alex Marquardt, CNN, Europe Poised To Put Warning Labels On Jewish-Made Products by Adam Kredo and Nucor’s Founder Predicted Long Ago That Tariffs Would Kill The Steel Industry by Alan Golombok

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First up, Steve speaks to pressing topics such as oil taking a hit, retail sales, Iran sanctions, continued trade tension with China and the growing strife between Japan and South Korea.

Then, Matt Ridley, a journalist, member of the British House of Lords, and author of The Rational Optimist, argues that despite today’s constant influx of negative news, life is getting better at an accelerating rate. Ridley challenges popularly held beliefs about the current state of the world, citing that extreme poverty has been defeated, food production is more efficient than ever, humans are living longer, and warfare is actually on the decline. If there’s one thing the defiantly optimistic Ridley worries about, it’s too much bureaucracy which he sees as an attempt to curb trade and stifle innovation. Plus, hear Ridley’s thoughts on how climate change will actually improve society in the short term and why economic prosperity is even good for endangered animals and the environment.

Last, Steve’s “Read of the Week” is two articles. The first is ‘Tickle’ Therapy Could Help Slow Ageing by The University of Leeds. The second is The Dumbest Concept Ever Just Might Win Wars by Jim Lacey.

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First up, Steve warns about the dire social unrest in Hong Kong and the unrelenting trade tension with China.

Then, John Catsimatidis arrived in America as a young Greek immigrant and started kindergarten not speaking a word of English. Now, he's a billionaire. Hear about his voracious entrepreneurial appetite that led him from making a dollar an hour working at a grocery store to building a supermarket empire. Then followed real estate investment, an oil refinery, a media company and more. His story is full of humor, smarts and insight into the beloved American “can-do” attitude.

Lastly, Steve's "Read of the Week" is two articles. The first is by Nathan Lewis on Forbes.com called, "Stable Value Is Our Monetary Goal, Not Stable Prices." The second is by Gideon Rachman called, "Hong Kong Is A Flashpoint In The New Cold War."

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First up, Steve talks about the Fed’s involvement in interest rates and the ongoing threat of Iran.

Then, Catherine Wood, CEO of Ark Invest, helps us peer into the future of genome sequencing, robotics, artificial intelligence, energy storage and blockchain technology. Plus, hear why she feels Tesla, as led by Elon Musk, is way ahead in the electric vehicle game, why electric vehicles are here to stay — and why banks are in trouble.

Next, Steve’s “Read of the Week” is an article by Robert Kagan in Foreign Affairs magazine titled, “The Return Of The German Question.”

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First up, Steve talks baseball trading and Hong Kong protests heating up.

Then, John Tamny, political economy editor at Forbes.com, editor of RealClearPolitics and author of The End of Work: Why Your Passion Can Become Your Job, says the belief that robots and automation will erase millions of jobs today, is misguided. Instead, Tamny argues these advances promise to positively change the very nature of work, beget jobs never before imagined and ultimately unleash creativity. Hear Tamny share his thoughts on how robots will liberate us to do the work we love and drive prosperity -- and, why college football players should major in college ball. 

Lastly, Steve's "Read of the Week" are two magazine articles. The first is by James Grant in the Wall Street Journal called, "The Fed Could Use A Golden Rule." The other is by our guest, John Tamny on Forbes.com, called, "Meet El Salvador, Slayer of Keynesian and Monetarist Mysticism."

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First up, Steve has a feeling the market will provide a buying opportunity. Will you take advantage of it?

Next, American-born Krisjanis Karins is the prime minister of Latvia, a small Baltic country that's been building itself up since its independence from the USSR in 1991. Hear Karins share why Latvia is a great bet for investment due to its highly-educated citizenry, its tech inventiveness and its dedication to cleaning up financial crime.

Lastly, Steve's "Read of the Week" is two articles, both found at commentarymagazine.com. One is by Ethan Siegel titled, "Are We Alone In The Universe?" and the other is titled, "The Human Miracle" by John Podhoretz.

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First up, Steve talks about Major League Baseball's All-Star Game on Tuesday, 7/9, and shares his favorite Trump pick for the Federal Reserve board.

Then, award-winning actor, philanthropist, activist and founding member of the Time’s Up movement, Eva Longoria, has made a career of challenging the status quo. Once best known for her acclaimed role on the hit show Desperate Housewives, Longoria is now channeling her talents onscreen and off as an outspoken advocate on issues ranging from women’s rights to greater representation for the Latino community. Longoria shares her very personal fight to shape the future of Hollywood, the driving forces that fuel her tireless work ethic and her latest role behind the camera to ensure that diverse storytelling is brought to the forefront.

Lastly, Steve's "Read of the Week" is an article by Trent England called, "The Danger of the Attacks on the Electoral College."

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First up, Steve speaks to the PM race in Britain, ICE negotiations and Trump's standing in the polls.

Next, society’s preoccupation with early achievement ignores the reality that for most, identifying your passions and developing your talent takes time. Age is actually an asset, not a liability. Rich Karlgaard, Forbes publisher and author of Late Bloomers: The Power Of Patience In A World Of Early Achievement, makes the case that ignoring this reality has created harmful pressure that can stunt growth in kids and young adults today, rather than foster it.

Rich shares compelling research around the psychology of late blooming and why there’s no standard timetable for success. 

And, lastly, Steve's "Read of of the Week" is two articles. One written by Steve himself, an open letter to Mark Zuckerberg, and the other is by William Langewiesche in The Atlantic titled, "What Really Happened to Malasia's Missing Airplane."

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First up, Steve shares thoughts about the democratic presidential debates this week on Wednesday, June 26th and Thursday, June 27th.

Next, the small country of Slovakia is now the fifth largest exporter of automobiles to the United States. Robert Vass, founder and president of GLOBSEC, a leading European think tank based in Slovakia, gives a fascinating look into the priorities of Central Europe and how they impact the world. He explores what he calls a critical “generational mission” to help institutions keep up with the current rapid technological advancement. This, in order to nourish democracy and all the fresh talent and ideas born of it or face falling behind.

And, Steve's "Read Of The Week" consists of two articles: "The Myth That Eating McDonalds Makes You Obese" by Hans Bader and "Make America Even Greater" by Kimberly Strassel.

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First up, Steve speculates about interest rates and oil prices.

Next, taking human labor out of tasks is something humanity has sought and developed for thousands of years in order to increase productivity. Mark Mills, a senior fellow at the Manhattan Institute and partner of Cottonwood Venture Partners, says productivity leads to more wealth for everyone and the best way to increase it is to make more robots -- that is, accelerate automation. Inspired by Mills’ recently published book, Work In The Age Of Robots, Steve and Mills discuss how automation will benefit people, why it’s regulation, not demand, that will hurt manufacturing and how the FDA is making way for more innovation in technology and drug therapy development.

...and lastly, Steve’s “Read of the Week” is an article by Steven Malanga in City Journal now titled “Marijuana’s Black Market.”

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