August can often be a rocky month for the stock market, but could this be a sign that a recession is approaching?

Many people classified yesterday as a “tough day for the markets”, but if you follow market trends it looks a lot like your typical August. The Feds cut interest rates for the first time in more than a decade with the 10 year treasury sinking to pre-Trump numbers. The end result: the most extreme inverted yield curve since 2008. Other topics include:

• While the S&P 500 is up since January it is flat for the last 12 months -What are corporate earnings telling us?
• Protecting yourself from port-out scams where you lose your cell phone number
• Protecting your passwords and using 2 factor authentication
• My favorite retirement allocation

 

 

Email your money question to [e-mail] , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

 

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.