Tape Talk | Investing, Business, Wealth, And Your Money

On this week's episode of Tape Talk, Quint and Daniel discuss the obstacles faced as states begin reopening the economy.

On this week's episode of Tape Talk, Quint and Daniel use the recent market moves to have a discussion on the difference of value versus price. Oil Negative This week marked the first time you could get paid to "buy" a barrel of oil. What does that mean and why is it significant? Price vs Value Price is what you pay and value is what you get. What does this mean when stock, commodities, or other things trade for lower prices? How can investors determine what they're really getting for the price they pay? Current Market Value While stocks have moved wildly over recent weeks, Quint breaks down how the value of this market may not have really changed much at all! Patience is Key When looking to find value it's important to remember that patience is the key factor, waiting to find the prices match the value you require is an important part of investing.

On this week's episode of Tape Talk, Quint and Daniel discuss the continued bear market rally and what the strategy might look like going forward. Psychology Emotions and psychology have been the theme of the recent decline and subsequent rally. Investors fled the market at any cost and are now on the verge of rushing back in at signs of good news. This is a great example of the psychology that goes along with investing in volatile markets. Allocation Matters When it comes to your financial plan and reducing volatility, allocation matters. The recent volatility illustrates why thinking of your allocation as different buckets of volatility and time horizon are important for your inevitable withdrawal strategy in retirement. Diversify and Rebalance Diversification goes a step beyond simple asset allocation by adding in very uncorrelated assets such as metals and real estate. By including these in your portfolio some of your assets will move in different directions to allow you to make the most of rebalancing

On this week's episode of Tape Talk, Quint and Daniel review the recent rally in the stock market after March's severe decline. Headlines This week we continued to receive record headline numbers in the weekly jobless claims report and the US now stands at a higher continuing unemployment rate than it saw doing the most recent recession during the Financial Crisis. However, the stock market as a whole continued its rally in the face of this news. While much of the headline number may be baked into the market the real question is how this number will recover after quarantines resolve and how quickly the economy might ramp back up. Investing Stage Strategies Since it can be difficult to avoid the headlines and noise during market volatility it becomes important to know what this volatility means for the various stages of your investing journey. Quint and Daniel break down how certain demographics should actually welcome this volatility while others may need to have a plan to help mitigate it. What To Look Fo

On this week's episode of Tape Talk, Quint and Daniel discuss what they're watching in the market this week and what investors need to consider moving forward. Unemployment Claims This week's unemployment claims shot to new record highs far surpassing last week's record number. Yet, the market was mostly higher on Thursday following the news. Many investors might consider it a disconnect but it might just be a good sign that the market has priced in much of the bad news in the job market. Oil Rally Oil rallied nicely this week on speculation that Russia and Saudia Arabia may find a truce in the oil war. However, this news has yet to be confirmed. If we can see confirmation from both countries soon, oil may just be able to put in a bottom. Allocation is King Your investment allocation is one of the key ways you can manage or mitigate some of the risks in your portfolio. If you've found these recent moves difficult to sleep through and are unsure how your allocation lines up with your financial goals, it may

On this week's episode of Tape Talk, Quint and Daniel discuss how they're analyzing the current market moves and what they're keeping an eye on to indicate where we go from here. Where We Go? No one really knows for certain where markets will move from here. While many may attempt to call the bottom or top of the recent volatile moves, the situation in health, credit, and oil markets are all rapidly evolving which makes any prediction more of a guess. From Oil to Credit Before markets started to move on the COVID-19 pandemic there was an emerging crisis in oil prices. While consumers may cheer lower gas prices, even with nowhere to travel right now, the ripple effects in the economy are being felt. As oil prices slip below profitability levels for domestic drillers their entire supply chain comes under pressure and eventually the financial institutions that finance all those companies do as well.  Signs of Life So where are we looking for signs of life now? Daniel is watching credit markets for an indicati

On this week's episode of Tape Talk, Quint and Daniel discuss how they're assessing the recent volatility in investing markets. Under the Surface While the coronavirus pandemic is making most of the headlines these days there are underlying issues in financial markets that are exacerbating the volatility investors are experiencing. Since last fall the Federal Reserve has been intervening in lending markets to provide liquidity which has only been accelerated as economic conditions have worsened recently. Risk-Off Investors must consider that there are really three key issues in the financial market today; an oil price crisis, a fragile credit market, and the headline-grabbing coronavirus pandemic. As these three events converged recently Joule Financial implemented a plan to reduce both equity and fixed income exposure which Quint and Daniel discuss. Finding Opportunity While reducing risk is an important aspect of financial management it's done for an eye towards the next opportunity. Quint and Daniel dis

On this week's episode of Tape Talk, Quint and Daniel discuss what it looks like to navigate the recent bear market moves. Circuit Breakers Circuit breakers were in the news repeatedly last week as US stock indices ran into these control levels twice throughout the week. Quint and Daniel break down how the circuit breakers function and why they might be important to ensure healthy market functions. Power of Planning No one who is invested in stocks, or many other investable assets, has been able to completely avoid the recent and swift decline in asset prices. However, having a plan ahead of time can make a significant difference in investors' success in navigating these turbulent times. Planning is critical to understanding your required asset allocation which is critical in ensuring you can handle the market volatility when it comes. What To Do Now? Quint and Daniel discuss some of the key life stages investors might find themselves in and what that means during market corrections like the one we're curr

On this week's episode of Tape Talk, Quint and Daniel review this week's selloff in equity markets and what that might mean for investors. Week in Review Over the course of the trading week, stocks cascaded lower about 15% on increasing fears of the spreading coronavirus outbreak. With headlines coming out each day about new cases in new countries it became increasingly difficult for large investors to price in the short and long term affects of this outbreak. How a Virus Affects Stocks While the coronavirus is certainly a serious disease that is quickly coming into focus of many around the world it may not simply be the virus that stocks are reacting to. In fact, Quint and Daniel discuss how much of this week's move is the result of the impact of attempts to control and contain the virus on the worldwide economy. With entire cities in China shutdown and the global supply chain disrupted it has become difficult to assess how any individual company is going to be impacted. What Next? No one is certain at wh

On this week's shortened episode of Tape Talk, Quint and Daniel discuss the recent headlines making news as well as what it means to time the market in this environment.

On this week's episode of Tape Talk, Quint and Daniel discuss what investors might consider in light of recent volatility and market valuations here. Headlines The evolving coronavirus epidemic continues to paint the headlines as more cases are reported both in and outside of China. It appears the market is still assessing just what type of impact this event is going to have in economic terms. However, investors appear to have begun taking the seriousness of the situation to heart as the market came under increased pressure as this week unfolded. Valuations in Focus Valuation is best described as what you are getting in relation to what you're paying. Currently, many stocks and sectors in this market are being valued higher than their historical norms. While part of this is the result of the Fed's easing and low interest rates, it also indicates investors are taking on more risk as they pay a greater price for each dollar of earnings.

On this week's episode of Tape Talk, Quint and Daniel discuss why it's important for your investments to have a goal and that you ensure they're allocated appropriately to achieve it. Headlines Before getting into this week's topic we first hit the headlines. This week it's news dropping from Washington about potential new tax cuts on the horizon as well as the Fed continuing to inject liquidity into the overnight lending markets. However, stocks continue to shrug off most headlines good and bad as they methodically move higher. What's the Goal? One of the things that Quint and Daniel have been seeing more lately, as the market continues to set new highs, is a general lack of focus on investors around what their investing goals are and how their portfolio is working towards those goals. We discuss a bit about why it's important to not just own investments but understand why you own what you own and how you are working your way towards your own goals. At the end of the day, it's nice to know how the S&P

In this week's episode of Tape Talk, Quint and Daniel discuss the complacent mentality taking hold of investors as the market ticks higher. Headlines The impeachment process progressed and Phase one of the US/China Trade war was resolved this week but markets mostly gave both of these events very little fanfare. Risk Management As markets continue to drift higher and most asset classes finished 2019 with gains the overarching theme of 2019 may simply be "risk management." While everyone would love to make as much as possible on their investment portfolios, managing risk can be key to both sleeping at night and ensuring you achieve the goals intended for your portfolio. Risk, Returns, and Temperament In this season of bullish markets, we are more focused than ever with aligning clients' risk tolerance, risk temperament, and their required rate of return. Understanding how these three interact are critical to the success of any financial plan and will serve well when markets hit rough waters sometime in the

In this week's shortened episode, Quint and Daniel discuss what goes into a financial plan and why that's important as investors start planning their new year. Headlines The headlines this week are all focused on increasing US-Iran tensions which kicked off trading in the new year with some volatility.  Planning Ahead After a year of solid gains in the stock market and the new year starting with some headline risk, Quint and Daniel review why the financial plan is key to your investment success. Additionally, it's important to know what goes into making a successful plan as well as why your required rate of return is key. 

In this episode of Tape Talk, Quint and Daniel discuss the year as it closes out and what investors might look ahead to in the new year. Investor Psychology While the US stock indices are on track for a better than 30% finish to the year many investors seem to be filled with a sense of skepticism and an eye towards a coming decline. One of the benefits of this attitude still being present in a good amount of retail investors is that the latest move higher has yet to be fueled by general euphoria which often marks market tops. Required Rate of Return As investors look forward to the new year it's an appropriate time to consider and revisit your required rate of return. This number, which is the return you require to meet the goals for your investments, is a critical part of your financial planning and investment allocation process. If you are entering the new year without knowing this number and how it applies to your portfolio it may be time to review your financial plan. SECURE Act and IRA Changes Congres

In this week's episode of Tape Talk, Quint and Daniel discuss why the recent headlines don't seem to interest markets and how disruption becomes an investable theme. Impeachment The impeachment progress this week in the US House of Representatives pretty much made the stock market yawn. What might seem on the surface like it should be market-moving news is simply a non-event at this point. Both sides of the aisle have already put their cards on the table for how they intend to handle the situation going forward. This means unless something significant changes or is revealed in the upcoming proceedings the market will likely continue to ignore the big headlines on the impeachment news. End of Year Tax Moves With the holiday season quickly approaching it's time to consider what your tax picture may be shaping up to look like for 2019. In fact, you still have time to make some important moves to save some money when filing next April. A few things worth considering are your required minimum distributions, char

In this week's episode of Tape Talk, Quint and Daniel review some of the recent headlines as well as what investors might need to consider into the end of the year. Impeachment The markets yawned at Nancy Pelosi's news conference announcing articles of impeachment. Quint and Daniel discuss how most of the impeachment news now has become political posturing more than it is market moving. Most investors have an idea of how the events should transpire from here and unless there are any surprises the market may just ignore developments from here. China Trade Investors are forced to continue wrestling with President Trump's opaque remarks surrounding his intentions and desires for a trade deal in the near future. After recent comments from the President that a deal might not need to be completed until after 2020 elections markets through a temper tantrum in response to the lack of clarity. End of Year Planning News aside, there are still things investors can do to make the most of 2019 before the year concludes

As we roll into Thanksgiving Quint sits with Refuge Medical Clinic's executive director Rachel Smith to discuss the organization, their mission, their success and their needs going forward. This in-depth review of a local non-profit celebrating their 10th year and servicing over 5,000 individuals is a great break from the political and economic back and forth.   You may learn more about the Refuge Clinic at their website: www.RefugeClinic.org   Enjoy!

In this week's episode of Tape Talk, Quint and Daniel discuss some of the headlines circling as the S&P 500 continues its march higher. Repo Intervention The Federal Reserve continues to prop up the repurchase agreement market ("repo" for short) after rates suddenly spiked higher last month in this rarely discussed corner of the market. The Fed has committed to smoothing some of the volatility in this area of the market to keep overnight lending orderly and reduce the chances off any fallout that lack of liquidity there may provide.  Trade & Hong Kong Any developing news on the trade war between the US and China seems to be far overshadowed lately by the tensions ongoing between Hong Kong protestors and authorities. As the tensions in Hong Kong continue to escalate many investors are keeping a watchful eye on what this could mean for China's need to use its military in an attempt to end the protests. If this happens, many will be left to wonder about the future autonomy of Hong Kong overall.  Small

In this week's episode of Tape Talk, Quint and Daniel discuss some ways to think about planning ahead in your financial life. Headlines Hitting the headlines this week is news that China and the US intend to begin rolling back some tariffs as they find some neutral ground in the trade war. However, at this point, the market doesn't seem to be paying attention to these updated trade war headlines. In fact, it may just be that the market overall is becoming deaf to the trade war static until something more tangible comes to pass. Preparing for the Inevitable It's been said that nothing in life is certain other than death and taxes. While you are hopefully planning for your taxes annually it seems that death is quite a taboo topic for many. However, whether it is the death of a partner, their incapacitation, or just a change in life circumstances, it's important to plan ahead for what you'll do if something happens to the financial "CFO" in your relationship. Quint and Daniel discuss what they consider and wha