Here is the latest interview from CNBC’s Closing Bell. Big credit to Michael Yoshikami of YCMNET Advisors who was great to be paired with. Great to see some young blood!!!
We cover utilities, staples, and the issue with Chinese steel demand. ENJOY!
Check out my latest CNBC appearance.
Bottom line is that the worst can become first and first can go to worst.
I just got this link from an institutional broker and had to share it with the rest of the world. If you thought the Fed was asleep at the wheel, well, I just can’t even articulate anything, just watch it. The sad part is that is NOT a skit from SNL, this is REAL. No joke. Elizabeth Coleman should be fired.
Ok, this is a skit from SNL, but it underlines the public reaction to this farce we are calling the stress tests. Today we are starting to see the secondary offerings from banks. Apparently, investors would rather dilute the stock than have government involvement. I get that, but dilution and bad management is not a bet I want to place. Still short and hating it.
Enjoy!!!
We get right into into it. Check out the page on CNBC here. Bottom line is that we are not out of the woods yet and price momentum means nothing to another half million out of a job. We are entering the ‘dry’ season that goes from May through October. Not a great time to jump in. . . But, Scott was a great analyst to be interviewed with. I disagree with his points, but respect the work he puts into it.
See Lee Munson discuss his currency strategy, oil, and gold on CNBC.
Watch CBS Videos Online
We have been talking to TPA’s, CPA’s, and business owners about this for months. This sets the record straight about why an unbundled, transparent plan, with personal advice, and no hidden sales loads is worth it. Maybe now that it is on TV people will give my firm the benefit of the doubt. The bottom line is I think people simply didn’t believe us when we told them how bad they or their clients were being ripped off. It is unbelievable and CBS news has given us some credibility. It is time to take action and review the cost structure of your 401k.
