Episodes
Sunday Jul 15, 2018
07.14.18 Open For Business With Tom & Shane & Mike McCormick
Sunday Jul 15, 2018
Sunday Jul 15, 2018
HOUR ONE: GUEST Mike McCormick Financial advisor. Tom talked about the left’s attack on a cancer kid at St. Jude’s Children’s Hospital for thanking Donald Trump Jr. for a donation. The biggest story of the week was Costco getting rid of their Polish Dog and drink for $1.50 in favor of more healthy fare. Bret Kavanaugh has been nominated to the Supreme court and Tom, Shane and Mike reviewed some of his cases. That of course morphed into the Roe v. Wade discussion. In the second half hour a caller wanted to debate being pro-life and in favor of the pro-death penalty. In spite of the healthy economy the fear of hyperinflation was raised by a caller and discussed. The Fairness Doctrine of equal time for political candidates finished out the hour.
HOUR TWO: Several listeners texted the show and Tom reviewed those topics. The discussion turned to NATO and Trump asking countries to pay their fair share for defense. Oil and gas deals with Germany and Russia on the eve of Trump heading to a Russian summit. A caller corrected some information on voter registration dealing with purging the voter rolls in Montana. With the repeal of Dodd-Frank the Fiduciary Rule is now gone. Mike explains how that affects your investments. Next, 22 Russians were indicted, and the trio discussed what if anything will come of that. As tensions rise around the world will that increase the possibility of nuclear weapons being used? Mike and Shane discussed inflation verses sovereign debt.
HOUR THREE: Mike McCormick gave some tips on money management if you get a windfall of cash from somewhere. Should you retire debt, or invest Mike has the answers. Shane proposed that those who maintain their credit cards should get a better rate. In our last segment Shane gives the market wrap up and Mike covers more on trade deficits and tariffs. Shane compares trade imbalance with China and where the money goes. National debt, government debt and trade deficits finished out the show.
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