The Wise Investor Show

Simon discusses how the markets are starting to send a different message than the dour financial headlines. The recent outperformance of the more economically sensitive stocks both here and abroad bears monitoring. Simon also presents the case for LHX as a promising, reasonably valued name in the defense space. He updates on the quarterly results from SHW, NOC, V, AMZN, DHR, C and JPM.

October marks the start of Medicare Open Enrollment for supplemental policies and the beginning of the FAFSA, the Free Application for Federal student Aid. Ann provides an overview of both.

Last week we had a preview of what a post deal market may look like. A resolution to Brexit, a resolution to US/China trade wars, and how much of that is priced in. These issues are not really settled yet, but would such settlements boost the markets or are they anticipated in the valuations already? Also, a look at changes for shipping costs and fuel costs for next year.

This global regulation being implemented on January 1st 2020 will have a bigger impact on prices than maybe any other before now. Still, it's being overlooked by most and its impact is not fully understood. Get ready for IMO 2020!

Simon discusses the stock market response to previous president impeachments and how the economy will likely be the bigger driver of whether the current president is reelected. He also examines the messages that stocks themselves are currently sending about what to expect going forward. He looks at the current interest rate backdrop and how it will likely inform returns and valuations. He then refreshes the thesis for CVX and NOC.

Simon references the famous James Carville campaign directive and discusses the historical links between the economy and presidential election outcomes. He also frames the current environment including a deeper dive into the recent somewhat concerning ISM survey results.

Simon discusses how most headlines are uninvestable, but that this week's economic readouts were salient and worth paying attention to. He also talks about the Millennial Generation and how they are particularly vulnerable in the event of a more significant economic downturn. However, their return expectations may be unrealistic and they may not know to what extent they need help. Simon also makes the case for BWA and FDX as long-term value plays for patient investors.

David goes through an age based guide to teaching your kids strong financial literacy.

Simon reviews a "bull market check-list", market and economic sign posts that "flashed red" at important market tops in 2000 and 2007. None are all that worrisome at this point. With this in mind, he looks at the historical precedent for investing near all-time highs and finds that investors are generally better off investing than waiting for a major pullback. He also looks at the current market backdrop including sector rotation and the reaction to the impeachment inquiry. He makes the case for AVGO and FDX as long-term value investments.

Matt tackles the mortgage pay down decision. What are the reasons for and against making additional payments towards your mortgage? What are the 4 things you should be doing before you even consider paying additional towards your mortgage? What are your options when paying additional towards your mortgage? Also, using Excel Loan Calculator with Extra Payments to analyze the decision on your own.

This week on the show, we revisit the major events of of the financial crisis and how they unfolded over 10 years ago. A guest from the team joins Chase to review results from Broadcom, and Chase gives an update on the events in Saudi Arabia as well as looking at the recent results coming from Fedex.

Current events have heated up in a bit way in the Middle East, with violent attacks on the oil supply in Saudi Arabia having a major impact on the global oil supply. Prices have soared. How should we react, what can we buy or should we sell? We'll look at the details on this week's podcast.

Be looking for ways to get more money growing for you tax-free! Roth IRA and Roth 401(k) contributions, Roth IRA conversions, and strategies for Roth Conversions that you may already have available to you without knowing it!

Reviewing recent events for the markets and a couple of companies, today we dive into Ford Motors and their recent credit downgrade to junk levels. They may appear cheap, but beware.

Simon discusses the bifurcation in the stock market and then drills down on what we learned from the 2nd Quarter earnings reporting season about trends in corporate fundamentals. He also comments on how we spend most of our time worrying about recessions that only occur over 15% of all years since 1945. He makes the case for BWA, FDX, and AVGO as values for patient investors.

Simon suggests that valuations should not be considered in isolation, but relative to the economic backdrop including interest rates and inflation trends. While elevated valuations may portend lower future returns, they may not represent a "sell signal". Simon also examines how the current backdrop does not correlate well to what Japan has experienced over the past few decades. He makes the case for DIS, while NFLX still appears overvalued.

Rather than debate exactly how this ends, with a big trade deal and rally or perhaps with a decent into recession, don't expect it to end at all anytime soon. It's more likely that the stories drag out well into next year and we continue to see volatility and slow growth for the next few quarters.

The stock market valuation is high and based on estimates of accelerating growth. What if that growth doesn't manifest? Maybe it will, as contrarian sentiment data just got more positive for the markets. Today we pull this all together and look at the fallout from opioid litigation.

Simon notes the stock market is not the economy and the economy is not the stock market, but that there are some important business cycle signals to monitor. He drills down specifically on the relevance of the currently inverted yield curve. Simon also highlights the case for Berkshire Hathaway and TJX Companies as a potential buy at the right price.

The market's about 3% off its all-time high and people are acting like we've entered bear territory. Why does it feel worse this time? The market's gone sideways for 2 months, why does it feel like it's way off? Lets talk about perspective and also examine the results from Cisco and how that reflects on the overall market.