Why is the market up post-Brexit? I also discuss REIT's volatility and poke holes in an improving retirement article

Brexit was supposed to destroy the economy, so why have stocks and bonds rallied the past three weeks and why have earnings fallen since last year? I also talk about emerging market stocks and three reasons to stay globally diversified. Other topics include:

• REIT’s causing volatility between the S&P 500’s new real estate sector and the financial sector
• A story that shows how the MediCal and Medicaid programs are hurting our nation
• Flaws in an article about improving retirement
• Next week’s 10 Pillars of Retirement seminar in Burlingame

 

Don’t forget to sign up for our 10 Pillars of Retirement Income Planning seminar on Thursday, July 28th at Double Tree by Hilton in Burlingame. Rob Black, Michelle Lerman and I will share investment ideas and estate planning mistakes to avoid that will help you live well for decades. Registration is only $5 so click HERE to sign up!

 

 

Email your money question to [e-mail] , or call the show at 1-800-516-1220 from 2:00-3:00 p.m. (PDT)

 

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