Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins CNBC Closing Bell to examine this weeks stock slide amidst the jobs report and just days before the Presidential Election.
With the Middle East crisis on the move, this surely is not helping our efforts to stabilize the economy. Moreover, with increased money in circulation because of QE3 and the Obama Administration will our economy ever recover?
Quarter after quarter we see earnings reports, some make sense some do not. All in all they are in a language most people do not understand and they dismiss it as not relevant. That could not be further from the truth. All earnings tell a story about the company, but more importantly it tells a story about the economy and how well its doing. The lay person should not base their understanding of how the economy is doing solely on how their 401k is doing.
Why you ask are earnings so important? Corporate earnings help explain how the company is doing now but also 6-9 months from now. So its a very good indicator of how economies around the world may be doing as well.
As earnings are being reported this quarter we are starting to see the affects of the global economy and conditions take its toll on companies here in the US. Our government has tools to counter what the US economy has been going through. However, at this point in time they have used up all their tools to fix things except one possibly – lowering taxes. Its interesting why this administration lead by President Obama would not consider this tool and spare all others. Spare us from the inflation backlash that this country is going to experience when all the money being printed comes back to haunt this economy, spare us from the high unemployment we have been experiencing over the last 40+ months, and why not spare us from the low to no economic growth in this country.
It will be very interesting to see the outcome of the election and the actions after the elections. Take this brief poll..
Fannie Mae and Freddie Mac have changed their Pay Back intentions. The US tax payers loaned out the money to them to keep them from going bankrupt. Its funny how there was very little help to the tax payers in return. So what about this pay back change. Will they pay sooner or later. Ed Butowsky joins Fox News to examine the situation.
Facebook will IPO, and do so in probably the biggest IPO since Google.
Learn All About Ed Butowsky
Ed Butowsky,The Man, managing partner of Chapwood Investment Management, recognized around the world as an expert in the investment wealth management industry. Aside from his passion for expanding others financial literacy, he can be seen frequently on television on such stations as Fox Business and News network affiliates, CNN, Bloomberg, as well as local North Texas channels such as NBC, ABC, CBS, and Fox to name a few.
In a recent article by Ed Butowsky on FoxBusiness.com published January 17th, 2012, Ed takes an inside look at investors and why they get scared when they look at the US stock market. In Addition Ed takes a look at what risks are associated with the stock market and its performance relative to expected earnings for companies nationwide and internationally. Here are some of these risks:
Europe represents 20% of the world’s gross domestic product. What concerns does Europe provoke?
Will interest rates rise in the US?
How do commodities fit into the the US economy crystal ball
Could Iran’s actions be a threat to the world economy?
Who is the man Ed Butowsky? Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.