Can You Trust the Media for Financial Advice? | Your Money Podcast – Episode 474

November 02, 2023

Do you get your financial news from Marketing PR Firms? Wall Street Journal, Barron’s, Times, and Forbes might seem like they’ve got your best interests in mind, but remember – these players represent the SELL side, not the BUY side. Danny digs into the problem with big-box market chatter and why the Dollar won’t be losing it’s status as a World Reserve Currency anytime soon (despite what the crypto fans may say) before diving into the trouble with trusting financial media for financial advice and what’s been happening in the markets this week.

In this video for educational purposes only, Dan Stewart, Don Vandenbord, Michael Ramos, Ted Zhang, & Connor Bates host The Your Money Video Podcast + Live Trading and Watchlist Stocks to Study.

0:00 – Opening Bell
4:10 – Mailbag: The Changing of the Guard
10:45 – Will The Dollar Lose it’s Status as World Reserve Currency?
15:40 – Corporate Debt & Investment-Grade Bonds
24:15 – Debunking Mainstream Investment Media
28:45 – Can You Trust the Media for Financial Advice?
35:40 – This Week In the Markets

Show Links:

Economist No Longer Expect a Recession. Are They Right?
https://www.advisorpedia.com/markets/economists-no-longer-expect-a-recession

It’s Time to Stop Crying About Bonds and Buy Them Instead (subscription) – where was the warning prior by Barron’s??
https://www.barrons.com/articles/should-you-buy-bonds-now-3f5c6efa#

Bill Gross sees a recession by year end
https://www.thinkadvisor.com/2023/10/23/bill-gross-sees-a-recession-by-year-end

Fed hold rates at 22 year high
https://www.thinkadvisor.com/2023/11/01/fed-holds-rates-at-22-year-high

Chipmaker Intel soars signs of PC market recovery
https://www.reuters.com/technology/chipmaker-intel-soars-signs-pc-market-recovery-2023-10-27

The Moral Grey Area that affects the vast majority of advisors
https://www.advisorpedia.com/viewpoints/the-moral-gray-area-that-affects-the-vast-majority-of-advisors

New DOL Fiduciary Rule Closes Loopholes, Biden Officials Explain
https://www.thinkadvisor.com/2023/10/31/new-dol-fiduciary-rule-closes-loopholes-biden-officials-explain

IRS Announces 401k IRA Contribution Limits for 2024
https://www.thinkadvisor.com/2023/11/01/irs-announces-401k-ira-contribution-limit-increases-for-2024

Your Money Radio Podcast covers general topics & investment ideas for Research. It is for Educational & Entertainment purposes ONLY and is NOT meant to be Investment Advice.

If you want or need Investment Advice, contact your own advisors or reach out to Revere Asset Management for individual Investment Advice.

For more information, just go to Revere Asset.com.