Tip:
Highlight text to annotate it
X
this is the average guy network and you have found Financial tech in the guidera
capital management commentary recorded in a December 10th
2013
and motion casa broadcasting live from yeah on
last old commentary each weekday out at the average guy
died TV Financial tech bring to the latest market commentary from the
award-winning
and hunt see if p.m. president guidera Capital Management located here on the
campus in Omaha Nebraska
if you like to receive a free copy other income attorney advanced or if you have
questions or comments for the show we looked at those as well
you can send those to Andrew his email addresses just
into underscore hunt a guide rock capital dot com and we also have all the
links to subscribe subscribe to the show
but the audio and video out at the average guy .tv and another great week
welcome back
good to be back Jan well it every piece a positive news was a pedal
the might say that the american economy was in full bloom
last week at moving into the holiday season consumer confidence
was at a five-month high early in the week
at manufacturing showed improvement on Thursday the US Commerce Department
unfurled the news
at the American economy grew faster than expected during the third quarter of
2013
that the next day it was reported the unemployment rate was at the lowest
level since 2008
hourly earnings increased as deadly at the work week
participation in the workforce improved slightly
other remains a historic lows their salaries and to expect America's
research it will continue into 2014
according to The Economist which week we're all the time on the show
at a great publication Angkor it they reported America's progress was due in
part to
three things policy makers in the US providing direct government support for
failing companies are creating
liquid capital markets that helps companies recover
after the financial crisis %uh to companies benefiting from an increase in
domestic energy production
after the fuel comes from unconventional sources
and at three american businesses leading the way it social media
they are expected to blaze a trail but finding ways to profit from big data
and developing shari economy there is good news and other parts the world as
well
a global trade agreement the first major deal it twenty years
was reached that could simplify customs procedures at speed up the flow of goods
across the world
CNN Money hailed it as the most significant multilateral trade pact
since the world trade organization was founded
the agreement has potential to reduce trade costs by as much as 15 percent
saving developing nations about 445 billion dollars
each year and boost the global economy well despite the good economic news
US stock markets slumped through Thursday out last week largely
because this begging think that masters have concerns over
which is that the positive economic news will
the Federal Reserve Act in the quantitative easing suitor
rather than later this conserves CB dissipate
with the release a positive a employment numbers on Friday in a course
markets surged higher to week a
that actually the S&P 500 at the week ended the week flat
well let's take a stroll down memory lane here real fast
and a recent issue of The Economist they point out that during March 2009
the prospects for american companies were pretty sketchy
here's a great quote quote the Dow Jones Industrial Average closed below 6,000
627
a 53 percent decline from its all-time high at less than
two years earlier the number american firms in the global 10
by market capitalization was on its way down front 623
in America shares at the top 50 companies at
sell for 50 percent to 40 percent once regarded
even in Communist China as the business model for the world corporate America
had lost its crown and quote all the difference just a few years could make
according at 28 November 2013 article
on economist at Cobb if we look ahead 20-14
american firms are expected to comprise the majority
at the global top two when measured by market value
and make up almost two-thirds at the top 50 companies in the world
is not all that it's not all that surprising when you consider the fact
at as a headline informs announce corporate profits are at an all-time
record peak
making almost seventy percent at the US gross domestic product
that may have something to do with the way Americans are spending the money
citing an expert Rebecca America Merrill Lynch burns reported quote
US import growth has shrunk from 11 percent to less than one percent between
2010
2013 while job growth has repaired from
-1.7 21.6
domestically produced energy now accounts for eighty-seven percent of
what we consume
approach seventy percent five years ago and the share vehicles sold here
that are manufactured stateside have risen for sixty-three percent
to 73 percent were also spending more on domestic goods and services nearly forty
thousand americans
turned 65 every week and aging
boomers Teddy steer more their disposal i *** toward services like
medical care accommodation recreation that are typically
made America quote
perhaps what Alex de tocqueville French historian and political thinker said
about america still holds true
quote the greatness of america lies not and being more enlightened than any
other nation
but rather her ability to repair faults
and here's the quote for the weaknesses from Harry S Truman the American
president
says what even one american who has done nothing wrong
is forced by fear to shut his mind it closes mouth
than all Americans are in peril
love that quote that we do every week under 100 back to when you're first
points
up top in in asking this question
is the United States even our economy is seemingly back are we still is a still
underpinned by
a lot support my from the US government expecially from the Federal Reserve
pushing money into the economy
through this quantitative easing we have talked about that a time
in the past it so all it's doing well are we still getting support her parents
I mean is you know is it that kinda scenario
jet that's a great question yeah I would liken it to
the kid making hundred thousand dollars a year living at mom and dad's basement
and that's kind of where we're at right now will be a failure to lodge
and on I really think that it's about time for mom and dad to toss a go-getter
a place
up you know the new just came out today that general motors are yesterday rather
the general motors
up is Noel government motors the government has sold off
its last bit of stock in the company that's a general motors is back on its
feet
course that was a huge moments for the tarp effort if you guys remember that
back
2009-2010 was when the government came in
and really propped up GM which is a big you know iconic American brand
I think that's for the proof there to things are back on the road to recovery
now are we there
absolutely not unemployment is still way too high
interest rates are very very low its relation is very very low
upside to health economy our unemployment at five percent inflation
about 2 percent per year
up and we're not seeing that yet so we're not fully back but I i think is
it is time for for the kids to get out the basement and
article risk very good and then
as we get to the end of the year I've been asking you some tips that folks can
and you know what the things that you normally do at the end of the year kinda
stuff we talked about taxes a couple weeks ago
any anything any popular topics are you talkin to with your own with your
clients
about as far as I know the your stuff yet are you this is a great time love
year
a to do some giving I think the into the years I was kinda on our mind itself
course you need get a tax deduction if you get a qualified 51 c3
should and so these last two weeks of the year three weeks of the year you
might consider hey
maybe I make a gift in excessive my normal contributions
whether that be your church or a charity that you really feel a
feel strongly about that's going to really help your your attack situation
and turns out also does little good for people are out
and if that's gonna be sized bowl you can you can recommend talk
interprofessional about that before you because there's a lotta ways to do it
oh yeah random axe tax benefits out a bit yeah absolutely
yet you're gonna do a large gift if you're trying to decide hey should I
give securities ur
or should I give cash shaking art I would strongly recommend talking to a
professional
and I like like I'd rock or or or somebody you trust
up to help you walk through the different packs a %uh the way you make
that gift
very good my knowledge to remind you that andrew is always available to
answer those kinda questions as well
conversation like that said in an email Andrew underscore hunt
a guy right couple that come his great to answer questions I justice for me
it's a real privilege I get to walk down the hall in turn left
inherit your offices and I can ask you a question they are not happening and urs
available for that if you are new to podcast and we also recommend: easy way
to listen each week
you might want to consider using stitcher available in any browsers was
both Android and iPhone platforms
now available in most new cars agency most but some new cars are coming out
it's a great way to listen to podcast both at home and on the road
the showing all the Pasha's or all on stitcher stitcher dot com search
Financial tech
it is education for your years if you don't want to do it that way we also
have all the links available to
download stream and watch this a podcast every single week
out at the average guy .tv be sure to visit Cairo
capital that is a guide rock capital that come falling and runs would reach a
standard bahut get all the show notes to the show
out at the average guy .tv now entered I say thanks for listening and we'll catch
up with the next week and remember be smart about your investing
Federal Capital Management he or guide rock is a registered investment advisor
that is registered
State and Nebraska and located in Omaha Nebraska
guide rock and its representatives are in compliance with the current
registration requirements posed upon investment advisers
in a state in which they maintain client iraq may only transact business no state
in which is registered
or qualifies for an exemption or exclusion from registration requirements
important information describing guide right to business operations
services in these can be viewed on the SEC's website at
WWW dot advisor info dot
SEC died your bedrock will provide form
eighty DVD part 2 which serves as the firm's
disclosure document to all clients copies a form ABB
are two are also available to interested parties upon request
on investment strategies have the potential for profit or loss
past performance is not indicative of future results
no current or prospective clients should assume that the future performance up
any specific investment investment strategy for product
made reference to directly or indirectly on this video website or indirectly be
hyperlinked
or any affiliated third party website will be profitable or
equal to past performance lebed
in