On this episode Jake Rivas and Kirk Barbera discuss a Bloomberg.com article “U.S. Stocks Plunge Most in 2019 on Trade Tension.” Now that investors are beginning to grasp the potential for a long-term trade conflict, they are shifting their investments to haven investments (gold, cryptocurrency.) Meanwhile, China is (supposedly) lowering their own currency. Jake explains all of this and how it affects you. Tune in!
Bloomberg Article: https://www.bloomberg.com/news/articles/2019-08-04/asia-stocks-set-to-drop-with-trade-back-in-focus-markets-wrap?srnd=premium Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES Insurance Agency. Actual performance and results will vary. These interviews do not constitute a recommendation as to the suitability of any investment for any person or persons having circumstances similar to those portrayed. Consult a Financial Advisor regarding your specific circumstances. I*financial is located at 1901 NW Military Hwy. STE. 102. San Antonio, TX 78213. Phone number 210-342-4346 Comments are closed.
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