Transcript: Hello, I’m Ken Moraif, Senior Advisor at Retirement Planners of America and this week’s market recap video is, once again, going over last week. We had a very strong week with the S&P 500 Index and the DOW and, primarily, they’re riding the back of the Federal Reserve and the Federal Reserve hinting, again this week, that they’re going to potentially lower interest rates later on this month, if not by September,
Transcript: Hello, I’m Ken Moraif, Senior Advisor at Retirement Planners of America and this week’s video is entitled “It’s the Fed, Stupid” and I’m harkening back to the mantra behind the Bill Clinton reelection campaign which was “It’s the Economy, Stupid” and, of course, what they were referring to back then was that the economy was strong and if Bill Clinton didn’t get distracted by all the other things and focused entirely on the economy and the reelection campaign,
Transcript: Well, amazingly the second quarter of 2019 is now over. Hi, I’m Ken Moraif, Senior Advisor at Retirement Planners of America, and time sure flies when you’re having fun. So, June 28 was the last trading day of the quarter. We had a dismal May but a strong June and so for the quarter overall the markets were up, both the bond and the stock markets, which is unusual, and so what’s the outlook for the second half of this year?
Transcript: Hello, I’m Ken Moraif, senior advisor at Retirement Planners of America, and this is our weekly market update for the week ended June 21, 2019, and as we described to you in last week’s video, the Federal Reserve did not raise or rather lower interest rates, but the language that they used left the door open to lower interest rates, and of course, as we also described last week, that would happen in that the market,
Transcript: Hello, I’m Ken Moraif, Senior Advisor at Retirement Planners of America and this is our weekly market update. So, the week just ended, the S&P 500 index was down, and primarily on the back of three worries. One is, of course, the trade talks with China and Europe and all the stuff that’s going on with that. But to make things a little bit more exciting, we also had the tanker that was attacked and the United States is saying that Iran did it,