What’s going on with these markets?

Money Matters by Allworth Financial

Allworth Financial

Business, Investing, Business:investing

4.7 • 839 Ratings

🗓️ 20 June 2020

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this week’s Money Matters, Scott and Pat talk with Allworth Financial’s CIO Andy Stout about what’s driving the markets despite uncharted economic headwinds and challenging headlines. Scott and Pat advise a caller on next steps after experiencing significant financial theft by a family member. A new home buyer asks about options to cover his down payment and closing costs while waiting to sell his current home. An Arkansas man with a growing family asks about whether he should use his 401K or “Funny Money” for a down payment on a larger house and wonders if he should pull back on the amount he’s contributing to his 401K. Andy Stout, Allworth Financial Chief Investment Officer, joins Scott and Pat to talk about what’s driving the market recovery as we continue to face a pandemic, a recession, a cautious reopening of the economy, unemployment, and consumer uncertainty. Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.

Transcript

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0:00.0	Answering your tough financial questions for the past 26 years, it's Allworth's Money Matters, with co-hosts Scott Hansen and Pat McLean.
0:15.6	Would you like an opinion on a financial matter you're dealing with, whether it's about retirement, investments,
0:21.2	taxes, or 401ks. Scott Hansen and Pat McLean would like to help you by answering your call
0:26.6	to join Allworth's Money Matters. Call now at 83399 Worth. That's 83399 W-O-R-T-H.
0:36.6	Welcome to All-Wworths Money Matters.
0:38.7	I'm Scott Hanson.
0:39.7	I'm Pat McLean.
0:40.7	Thanks for joining us today for being part of the program.
0:44.0	And I'm glad you are here with us as we are talking about financial matters, both myself
0:48.3	and my co-host here.
0:49.9	We're both financial advisors, certified financial planner, charter financial consultant.
0:54.6	We've essentially been practicing financial advisors for roughly three decades.
0:59.3	And we meet with people probably just like you.
1:03.4	Just like you.
1:04.7	Similar to you.
1:06.3	We've dealt with, and 25 years are doing this radio radio program we've dealt with just about any question
1:11.1	imaginable when it comes to the realm of finances and of course love taking calls during the program
1:15.9	uh and although this show is calls are pre-recorded here um anytime you'd like to join just
1:23.0	call the number that we've got and we'll schedule a time to take your call and answer your
1:28.3	question.
1:28.8	I'd love to...
1:30.0	Makes it easy.
	...

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