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Money Guy Show

Too scared to ask – Economic Indicators explained

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Business, Investing

4.73.1K Ratings

🗓️ 9 February 2007

⏱️ 31 minutes

🧾️ Download transcript

Summary

When I use others’ research I always try to give proper credit to the source. Much of the information and research for today’s podcast comes from Consumer Reports Money Adviser (January 2007 Issue). If you listen to AM radio, watch any of the cable news networks and/or your evening news, or read a newspaper, you have probably heard the following terms: Federal Reserve, Federal Reserve Chairman Ben Bernanke, Inverted Yield Curve, GDP, and Inflation Rate. How many of us really know what these figures and terms truly represent? For more information, visit the show notes at http://www.moneyguy.com/2007/02/too-scared-to-ask-economic-indicators-explained Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

The Money Guide Podcast is hosted by Brian Preston and Brian Preston is a partner with Preston and Cleveland Welfth Management.

0:07.0

Preston and Cleveland Welfth Management is a registered investment advisory firm regulated by the Securities and Exchange Commission and accordance in compliance with securities laws and regulations.

0:17.0

Preston and Cleveland Welfth Management does not render or offer to render personalized investment or tax advice through the Money Guide Podcast.

0:24.0

The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice.

0:32.0

It's Brian Preston, the Money Guide, restoring order to your financial chaos, retirement, investing, taxing.

0:41.0

You've got financial questions, he's got financial answers. It's Brian Preston, the Money Guide.

0:48.0

It's Friday, February 9th, great day to you. Even though it's a little overcast here in Georgia today but still a great day nonetheless because it's Friday, how can any Friday be bad?

0:57.0

But I've got a really special show for you today. We're going to be talking about something that I think most people are scared to talk about.

1:05.0

It's economic indicators. A lot of us will listen to the nightly news, we'll read the newspapers and we'll see a lot of these things talked about.

1:14.0

But we don't really know what these terms and numbers mean that are presented to us all the time in the financial media.

1:22.0

So we're going to try to clear that up for you today.

1:24.0

If you just brand new to the show because you got your iPod for Christmas or your MP3 player, I want to welcome you. This is the Money Guide Podcast.

1:31.0

Our whole purpose is to restore order to your financial chaos. We've been doing this for over a year now. We're one of the first people that broke ground on this whole podcasting venture.

1:41.0

If you can believe that being only a year old, we're the old guys. So in a world like with YouTube and all these other things that is worth $2 billion, you can understand how fast moving technology is these days.

1:54.0

So I guess it does make sense that we're the grandparents of this whole venture only being a little over a year old.

2:00.0

If you want to contact the show, you of course can email me directly as Brian at Money-God.com.

2:07.0

You can also check out our website. It's Money-God.com where you can also sign up typing your email address on the left hand side of the website.

2:15.0

And you can get updated emails every time we publish a new show and it will send you out show notes with links to your email address.

2:23.0

So you can make it super easy for you so you don't even have to take notes while you listen to the show.

2:27.0

If you're one of those moss-based people out there, the freaks out there on moss-based, if you're an old person, you probably think all of us are out there on moss-based or weirdos, but it's not the truth.

2:36.0

It's actually a great networking organization where you can go out there and meet friends, pass notes between each other.

2:42.0

And if you want to look us up on moss-based, you can go to moss-based.com, backslash, Money-God podcast. Go check us out on that.

...

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