WealthWise Moment

July 29, 2020Coronavirus, Podcast16:38Plays: 0Downloads: 0
WealthWise Financial’s President / CEO talks about the Fed’s lending program extended through Sept. We also discuss the 765 million dollar government loan to KODAK to produce chemicals for generic drugs. We ask her what she expects to see tomorrow, when the 2nd quarter GDP numbers are announced. And we ask the question; Can the BIG 4 tech giants be broken up like ‘Ma Bell?

WealthWise Finanacial’s President & CEO talks about the tensions with China, and what effect that will have on the market. She also breaks down the EU rescue package, and discusses the ripe market for investors.

WealthWise Financial Services President & CEO, Loreen Gilbert joins us to work through this last, very busy week in our economy.

President and CEO of WealthWise Financial Services Loreen Gilbert checks in to explain the new, lowered ceiling for for the next round of stimulus payments to Americans. We also discuss the FED’s push to extend unemployment benefits, which expire at the end of July. She also tackles the thing we all wonder out loud; With the soaring of Venmo, PayPal, and Square, is cash a thing of the past? Is this the year that Black Friday dies? And why does it seem as if Deutsche Bank is involved with every seedy person, and shady deal in the world, as they were fined, yet again.

WealthWise Financial’s Founder & President joins us for an in depth conversation about the Senate’s decision to extend the application period for PPP, and the remaining 134 billion dollars. She breaks down global, national, and local economic ramifications of these past 4 months of COVID-19.

WealthWise Financial Services Founder and President, Loreen Gilbert talks about the global economy, what the IMF is reporting for June, the rising price of gold, and the dropping price of oil. All of that, and more. She always adds clarity to the picture.

Financial voice of clarity, Loreen Gilbert checks in to talk about the dramatic economic disparity between blacks & whites in America. A disparity that encompasses wealth, income, unemployment, and healthcare. We ask her how our economy can better represent blacks, and what might a FIRST step look like? Loreen also explains why it might take as long as 10 years for the economy to recover, and why the stock market has remained steady during these last several days of unrest across the country.

WealthWise Financial Services Founder & President Loreen Gilbert discusses the 17% jump in retail sales, and whether consumers will keep that confidence, or whether the numbers will nosedive once again. We also talk about the prediction by some, that the S&P will crumble over the next month, and if the option of buying stocks on the part of the FED is on the table.

The last quarter saw almost a 19% drop in average 401K balance, Loreen helps us understand how to evaluate our 401K’s. We also discuss why bond markets are so cautious, the discrepancy in the unemployment numbers released, and her expectations of the FED’s announcement later today.