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Join us on the journey towards financial independence and being unconstrained. Your host, Myles Wakeham, explores the art of financial sustainability and individual sovereignty resulting in a debt fr... more
FAQs about The Unconstrained Podcast:How many episodes does The Unconstrained Podcast have?The podcast currently has 515 episodes available.
February 27, 2015The Bubba Show - 02.27.15Angie Miles kicks off the show today, Angie explains the problems in volatility and what options traders are thinking. Angie maintains her bullish stance on equities but expresses some small concerns.Mike McGlone comments on Chair Yellen and her testimony on Humphrey-Hawkins before the US Senate. He believes that there is little inflation and no reason to raise interest rates. Mike says that he thinks the Fed has done a good job in relation to the other Central Banks of the world. Bubba disagrees with the Fed and maintains that it is leading the country down the wrong path. Bubba states that the stronger dollar will hurt the banking industry. Mike maintains that a big correction is coming just not sure when. Mike believes that precious metals can help to guard your portfolio. Bubba states that he believes buying indexes is overrated.Mike talks about Zacks ETF, a brand new ETF he is bringing to the market. Bubba talks about the NASDAQ nearing the 2000 highs again. Mike said that the VIX is low and is due for a correction. He believes volatility is due to rise, and compares this period of time to 2006-07 right before the housing bubble. Mike states that Gold and Silver ETFs can offset many problems that a falling market might cause.Jane King takes us home for the weekend and tells us about her new role with TheStreet.com. Jane looks at the economy and wonders about the world of retail discounting. Jane also talks a little about whats going on in the agricultural space. She also gives us a little tease on the KaChing Report....more0minPlay
February 26, 20152015.02.26 Liz Claman on The Bubba ShowLiz Claman visits The Bubba ShowLiz Claman comments about the challenges of a TV journalist. Liz talks about how the central banks are influencing equity markets. Bubba talks about the difference between investing and trading. Liz believes American business is solid, equities have returned about 9% a year since 1930. She says that American business continues to produce good products. Liz comments on the high cost of education. Liz talks about how you need to invest in strong companies with good dividends. Bubba and Liz discuss Warren Buffet and his philosophy of investing. Liz and Bubba remark about the tough environment that the middle class is facing in current monetary environment. Liz points out that you cant wait for the government to take care of you. Young people have to learn the value of hard work to get ahead in the world. Liz advocates that young people starting out in the world need to concentrate on finding their way, and not to worry about the money. Success follows hard work. Liz and Bubba talk about the education of high school seniors and giving them an insight to market behavior. Liz comments on her college days and how she viewed money. Bubba stresses the importance of education and warns investors to educate themselves. Bubba tells listeners whether they are self directed investors or have a money manager to make sure they understand the value of knowledge. Bubba believes that most people dont treat their own money as their future and they tend to invest to aggressively based on other peoples opinions. The bottom line to investors is to protect their inventory, their cash.Bubba shares an interview he did on Fox Business After the Bell. In the interview Bubba discusses the economic troubles that face the world economies. Bubba and David Asman discuss shorting U.S. Banks and buying foreign banks. The U.S. Dollar is becoming far too strong and something has got to give....more0minPlay
February 25, 2015The Bubba Show - 02.25.15Bubba talks about how the NASDAQ continues to rally. Badger comments that Apple is now so big it almost runs the index. Badger comments that the NASDAQ is much different now than the when it collapsed in 2000. Bubba says that he agrees that earns are building this bull market is and not stock speculation. Both agree at the top ''this time won't be different''.Badger comments on the current state of solar power. Badger makes remarks about Tesla Motor Co. , and their ability to keep their cars running for an extensive period of time without recharging. Badger comments about Teslas poor sales performance in China. He states that a big problem there was the lack of charging stations. Bubba comments that Oil is here to stay. Bubba talks about energy companies looking for green replacements.Bubba brings up the topic of the Fed minutes. Bubba comments on the changing environment in the interest rate market. Badger remarks how global rates are now racing to the bottom and The U.S. has the highest rates in the world. Given this scenario and little inflation why raise rates at all? Bubba asks what a possible side effect of raising rates could be. Badger replies that it could make the dollar even stronger and that could result in a loss of exports.Bubba comments that subprime lending is coming back and this time it is in the car and personal loan market. Badger comments on the problem of extended payment cycles. Bubba thinks that the prevalence of easy money with no collateral could be an issue. Bubba states that any change in the employment rate could cause major problems in the credit market again....more0minPlay
February 24, 2015The Bubba Show - 02.24.15FROSS and FROSS: Keeping your WealthRob and Tom Fross describe their wealth management firm. They manage over $550 million. They work with people who have accumulated wealth and now want to keep it. Tom states how they analyze portfolios and give advice based on clients risk tolerance. Bubba explains the difference between investing and trading, and how investors must treat the market with a different mind frame than traders.Rob and Tom Fross explain how they evaluate a portfolio for clients. Rob explains what a withdraw rate is. They explain the dramatic affect on your wealth if you take too much money out of your portfolio each year, when the bear market hits your withdrawal rate sky rockets. Tom explains how they diversify the clients portfolio in time frames so that the client will always have money to spend at different phases of retirement.Bubba says that investors should not pay attention to the financial news. The Fross brothers agree. Good news doesnt sell it is the bad news that makes headlines and there is always a reason for concern if you look for it. Rob said that while the economy isnt perfect it is much better than it was after the housing bubble. He feels that jobs are gaining traction and corporate profits are at record levels. This is the best employment environment since 1999.Rob describes how they have a platinum plan to aid financial advisors maximize their business model. Rob explains how their plan can help give advisors the time to run their business better. Rob tells Bubba that many managers dont know how they to market themselves and how to manage new clients. Rob states that nearing retirement age that clients must be careful about their capital, you can't replace it at that age. Bubba ends the interview by asking them how potential clients can reach them on their website....more0minPlay
February 23, 2015The Bubba Show - 02.23.15Badger and Bubba discuss the market last week. They talk about the Greek debt settlement and the probable results. Badger says that it was much to do about nothing. The Badger talks about Greeces problems with tax collections and the woes of the Greek banking system. Bubba and Badger discuss how this Greek debt could cause contagion with Spain Italy and Portugal. Bubba and Badger discuss the Slovakian debt crisis of 2010.Tres Knippa and Bubba discuss the closing of the trading floors at the Chicago Mercantile Exchange. Tres discusses the problem with Japans banking system and how they must sooner or later default. Tres maintains that growth cannot be achieved by Central Banks printing money it can only completed by increasing productivity.Tres and Bubba discuss the Japanese debt and the relationship of the Yen to the Chinese Yuan. Tres maintains that you must sell the Yen that it cannot possible keep its value. He believes that you must buy the Hong Kong dollar and sell the Yuan. He feels that the massive Central Government of China will in due course will cause the Yuan to collapse against both the U.S. and Hong Kong dollar. Bubba and Tres discuss the Bank of Chinas reduction of interest rates and the long term affect of that trade.Mike McGlone and Bubba discuss the Fed minutes and the problem they will have raising rates. Bubba maintains that the economic data isnt strong. Mike discusses the ''surprise index'' that is the worst in two years. Mike says that it has been six years since the Producer Price Index has had two negative numbers in the row. They comment on the price of Oil being the cheapest in relation to Gold in twenty seven years. Mike states that he believes that Silver is a good buy now....more0minPlay
February 21, 20152015.02.21 The Sporting EdgeBubba and Badger talk sports and the investment opportunities they present...more0minPlay
February 20, 2015The Bubba Show - 02.20.15Angie Miles talks about new highs in the market. Angie believes that foreign geopolitical problems are in the market pricing. She believes the problems in Greece and Ukraine will work out. She believes earnings have been good and Americans now have more disposable income. Bubba thinks that Greece is a non event. Angie thinks that the Apple Inc. trade has been in the market she cites the heavy buying in the out of the money calls. Angie thinks that the Fed will raise interest rates in June.Jane King comments that the Baltic Dry Bulk index is now on an all time low, and that is bothersome. Jane questions what will happen when rates rise, if there is a problem who will bail out who? Jane says that the middle class is not benefiting from the rise in equities. She comments on the cost of health care and the burden on the average worker.The Badger talks about the Interest on excess reserves (I.O.E.R.) and how that affects the Feds QE program. The Badger comments on the problem that U.S. banks foresee with the new Dodd-Frank regulations. Bubba questions whether Congress should be able to audit the Fed. The Badger states that he thinks having the politicians get involved with monetary policy is a mistake.The Badger uses an example of how New Jersey pols came to the aid of casinos to overturn a loss at major Atlantic City casino. He points out that by allowing the politicians to influence the Fed, it could have some nasty consequences. Bubba comments that Congress is full of smart people, but that doesn't mean they can run the country like a business....more0minPlay
February 19, 2015The Bubba Show - 02.19.15Anthem Blanchard of the Anthem vault discuss the hacking scam on Bitcoin. Bubba and Anthem talk about Ron and Mrs. Paul visiting his conference. How his father worked in the financial world. Anthem states that he doesnt favor central banks he prefers a decentralized currency. Discuss the audit of the Fed by the congress. What happens if the Central banks fail? How do we keep security if the troops cant get paid? What happens if all of the central banks fail? Bitcoin (electronic currency) will be the solution.How does Bitcoin clear trades? What happens if we have no clearing corporation? The network clears the trade and the computers will clear the trade. What happens when the bitcoin exchanges get hacked? We are in the preliminary market space and when the industry matures things will work their way out. What is your take on the Winklevoss twins? Good idea for having an ETF. Anthem states that Gold thru Hayek will allow the ability own Gold in small amounts for universal payments.Anthem states that with the global Hayek it will allow for the instant transformation of payments in any country, he cites Gyft.com as an example as an internet company that accepts gold. The longer we have government intervention in markets unproductive capital will be bailed out. The QEs are nothing more than a legalized Ponzi schemes that are racing each other to the bottom currency to increase exports. Anthem feels that unless you move to a new form of global payment the powder keg will continue to grow until the big default hits. Why will the markets benefit if we have no centralized clearing. Because decentralized clearing minimizes the chance of a massive failure. Jackson tried to decentralize the currency and it resulted in a collapse of the economy. Anthem feels that technology will mitigate much of the problems that happened in the 1830s. In todays society technology allows for the transfer of funds instantaneously if you have an electronic currency....more0minPlay
February 18, 2015The Bubba Show - 02.17.15NEW HIGHSBubba talks about what is driving the market to new highs. Is the NASDAQ repeating the same thing that happened fifteen years ago during the dot com. Bubble and the New Economy, Old Economy market, or is this time really different. Are the new highs being driven by earning and solid growth? Or is it just a repeat of the 1995-2000 market that ended in disaster for both investors and the companies that they backed.HOW DOES THE FED GET OUT?The four trillion dollar question, the Fed is done with the QE program that is either viewed as a total success or could lead to another meltdown. This segment deals with the possible solutions and some of the ways that the Fed can get out without disrupting the economy. Does the Fed have to begin to unwind or do they have another way out? Possible solutions are reviewed and discussed.BIG EIGHT BANKS PUSH BACK AGAINS DODD-FRANKThe big eight banks are now concerned about the flying dollar and the possible repercussions of the Dodd-Frank act which requires them to place additional tier capital to meet the new requirements. Because their foreign competition doesnt operate under the same rules, it can put the big eight at a significant disadvantage when competing against foreign banks that dont have as many restrictions. They want Congress to consider the unintended consequences of the new rules.FREE MONEY FOR THE RICH COMPANIESThis segment asks the question Why would the richest firms in the world be borrowing money when average cant get dollar one for their business. It explains how companies with massive free cash balances would borrow money that they dont need to keep the business in a very profitable in any condition. It asks the question what it would take before the banks begin /to lend money to businesses that really need it. It answers the question why the rich keep getting richer....more0minPlay
February 18, 2015The Bubba Show - 02.18.15Scott Shellady The Cow Guy on Fox is Bubbas guest today. He talks about how important it is to talk straight to investors when you give the news. The economy is not that good so don't make it the greatest. Scott and Bubba discuss how difficult it is to be on network news and balance the information and inform investors. Scott and Bubba talk about their view on interest rates last year and why they have fallen in the past year.Scott Shellady believes the middle class has been struggling for the past twenty years because real wages are not increasing. Since 2009 nothing has changed for the Average Joe.The economy looks good for the rich but the economy is not good for the majority. Now we see the ECB doing the same thing. Scott talks about meeting with Chris Christie. A record number of people are on entitlements but the equity markets are on all time highs what is wrong with this picture? Mr. Obama keeps telling us the world is in great shape. Scott Shellady talks about the being a finance professor at DePaul and how the market works versus the textbooks. Academics don't seem to have any common sense. Very few people understand how the market works from real life experiences. No signs of true growth, QE bought time not growth. We need someone to think outside the box. Scott sees the world from the view of a farmer, trader and world traveler.Bubba and Scott discuss education at the high school and college level. How important it is to cut through the hot air and learn that if you want to run a country you need to learn how to run a business. You can't consistently overspend and have the country run the current course. Eventually the country will run out of money and go broke. If the government is running the business it will be hard to succeed. The government has a responsibility to help those that can't help themselves the problem is who is working the system. The current method can't work forever....more0minPlay
FAQs about The Unconstrained Podcast:How many episodes does The Unconstrained Podcast have?The podcast currently has 515 episodes available.