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The Compound and Friends

Brian Wesbury's Dow 35,000 call, Twenty Rules for Retirement Investing with Ben Carlson

The Compound and Friends

Josh Brown

Investing, Business News, News, Business

4.72.2K Ratings

🗓️ 18 December 2020

⏱️ 76 minutes

🧾️ Download transcript

Summary

This week on The Compound Show, Josh talks with Brian Wesbury, Chief Economist at First Trust Advisors about his Dow 35,000 call for 2021, what to make of recent stimulus negotiations, his latest take on the Federal Reserve, reopening and the resurgent virus, how vaccines will affect the economy and more. You can read more from Brian at his blog on the First Trust website: https://www.ftportfolios.com/ Ben Carlson (A Wealth Of Common Sense, Animal Spirits podcast) joins the show to reveal his twenty rules for retirement - how to save, how to invest and how to make all of your dreams for the future come true with the money you're earning today. Ben's book, 'Everything You Need To Know About Saving For Retirement', is available as paperback or Kindle on Amazon right now. If you're enjoying the show, be sure to leave us a rating and a review - they mean a lot and go a long way! Thank you! Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ Hosted on Acast. See acast.com/privacy for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It would be literally impossible for you to walk away from today's program this week's program and not feel a lot smarter

0:08.3

than when you first walked in the door. There's just no way

0:12.0

It would be totally impossible. I have Brian

0:14.7

Westbury on the show this week. Brian Westbury is the chief economist at

0:19.2

First Trust Advisors. First Trust is a shop based out of Wheatley, Illinois. They run about 130

0:26.9

billion or so and Westbury is insanely bright. Such a smart guy.

0:33.0

He's an economist, he's a markets guy.

0:36.8

We're going to talk about everything going on right now in the economy.

0:39.9

Why his forecasts have been so on target in recent years, we're going to talk about the

0:45.5

Libertarian Maskless Paradise, that is Florida. The reopening, the Fed, what's going on with stocks, what's going on with interest rates, and you're

0:56.9

going to get a lot out of that.

0:58.2

And I was so happy to have Brian on the show.

1:00.2

So we're going to do that.

1:01.9

And we also have Ben Carlson on the show. Ben is in the midst of putting out his newest book. It's his fourth book. And this one is all about the basics, the

1:13.2

the basics, the building blocks of building a life

1:16.2

for yourself financially.

1:18.4

What you need to do to save for retirement.

1:20.2

And he did this amazing piece for Fortune magazine where he has a column called

1:26.0

20 Rules for Saving for Retirement.

1:29.0

So Ben is the head of institutional asset management at my firm.

1:32.8

And when $20 million potential clients walk in the door

1:37.5

and their endowments or they're running a pool of assets for multiple uses,

...

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