New Focus on Wealth with Chad Burton : The Payroll Protection Program was unsuccessful and now small business owners are aching to restart the economy before their doors shut for good. Will keeping the economy closed be more disastrous than reopening under strict guidelines?

Thu, 23 April 2020

The Payroll Protection Program was unsuccessful and now small business owners are aching to restart the economy before their doors shut for good. Will keeping the economy closed be more disastrous than reopening under strict guidelines?

The average consumer is getting tired of not being able to visit their favorite local businesses. Small business owners are weighing the effects of keeping the economy shut down vs. proceeding with caution. Though most people are getting their income by safely working from home, the Payroll Protection Program has failed to provide for the businesses currently lacking the income needed to stay afloat. Other topics include:

Explaining the USO ETF
Effects of the stock market
An economy coming back changed
Actively managed funds
The chances of a global depression
What should you be doing for retirement?

Email your money question to chad@newfocusfinancial.com , 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.

Direct download: Chad_Burton_Podcast_4-22-20_32k.mp3
Category:Economy -- posted at: 6:00pm PDT