Money Matters Radio Show – September 27, 2014
Money Matters by Allworth Financial
Allworth Financial
4.7 • 839 Ratings
🗓️ 23 February 2015
⏱️ 51 minutes
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| 0:00.0 | The following program is presented by Hanson McLean. |
| 0:03.6 | It's time for Hanson-McLean Advisors, Money Matters, hosted by Scott Hanson and Pat McLean, |
| 0:09.5 | credentialed financial advisors serving you since 1993. |
| 0:14.9 | Welcome to Hanson McLean's Money Matters. I'm Scott Hanson. |
| 0:18.2 | I'm Pat McLean. Thanks for joining us this weekend. |
| 0:20.6 | That's right. Glad to have you with us last weekend of September. And with myself and my co-host, |
| 0:26.2 | we have with financial advisors. We spend our weekdays meeting with people like yourself. |
| 0:30.4 | Come here on the weekends to be your financial advisors on the air. And glad to be here today and talk |
| 0:36.0 | about financial matters. Brief briefly talk about what's |
| 0:40.1 | happening in the current state of the markets and the economy and of course a little bit of |
| 0:43.5 | volatility do you think it's back and you know it's funny i mean it's all over the board you look at |
| 0:51.4 | it one day the markets up 190 up 190, the next day it's down, 130. This |
| 0:57.5 | volatility in the marketplace. No one minds the volatility in the upside. We, everyone likes that. |
| 1:04.4 | Actually, I do. Oh, well, because you think long term, it doesn't, you know, you don't like |
| 1:09.1 | seeing prices go up without earnings going up. |
| 1:15.9 | What it tells you is emotions drive in the market. |
| 1:18.2 | The fundamentals have left the room. |
| 1:19.6 | Well, there's a bit of that. |
| 1:29.2 | But with the Dow at 17,000 roughly, it takes 170 points swing to have a one percentage point. But one percent is huge. It's a massive number. One percent is a massive, massive number on a daily basis. |
| 1:37.5 | One percent is a massive number. Well, considering the size of the market, yes, but it's not |
| 1:42.3 | atypical or abnormal. It's just that we've gone so long with such... |
| 1:47.0 | Without a pullback. Without a pullback. |
... |
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