Transcript: Hello, I’m Ken Moraif, and thank you for watching this weekly video on what’s going on in the markets and what we think about it, and your retirement planning, and all those kind of things. I am the senior adviser at Retirement Planners of America, and we do specialize in retirement planning, so we work primarily with people who are over 50 who are retired or retiring soon, so hopefully, that’s you,
Transcript: Boy, that tastes good, Retirement Planners of America. Well, it’s official. We are now no longer Money Matters, we are now Retirement Planners of America, and the reason why we’ve changed our name is because we wanted our name to reflect what we do which is we are retirement planning specialists. We work with people who are retired or retiring soon, primarily people over 50, and probably, if you are getting this video,
Transcript: This week’s video is entitled “Blue Skies, Nothing But blue Skies.” OK, that’s a cheerable rendition of Willie Nelson, I get it, but Blue Skies is what we see. The economic data last week that came out was that the GDP rose by 3.2 percent at an annualized rate and that was higher than any of the forecasters on the Blue Bird Survey of Economists thought that it would be.
And also inflation according to the Federal Reserve,
Transcript: Hello, I’m Ken Moraif, and this video is entitled, “When Bad is Good”. So what I’m talking about is, in the last week, as you may have noticed, the stock market, the S&P 500 index was up. And why was it up? Well, it was up on three data points. One was that China’s economy seems to be improving, because the Chinese government is stimulating it currently. Well, that’s market speak for they’re borrowing more money,
Transcript: Hello. I’m Ken Moraif and in this week’s video, we are going to examine three items that are affecting the economy and the stock markets around the world and give you our thoughts on that, particularly with regard to retirement planning.
So, of course, the Federal Reserve told us that they believe that things are fine the way they are and they don’t need to do anything. They’re not going to raise or lower interest rates and so that was perceived very well by the markets around the world,