10/18/2009 Money Show News Of The Week.

" Shape then Susan Kaplan. ABC's nine W. But back 67822196. Nines and a report on 9693 called. Like the church related questions. Mutual fund related questions for a -- case for a three -- Any retirement related questions if you've got kids who are thirteen years old or younger Susan we'll do wonder galactic -- famous makeovers from a I don't Susan I item I've been sort of making a list -- universe is I think the south of France as a parallel universe itself and you are actually in a set any parallel universe and if you told us our people -- you -- All what I need to -- you are talking to us from a parallel universe and will you be taking calls from there but first you've got Europe financial. News of the week including -- and -- I'm assuming that maybe I'm wrong but -- gonna start out with talking about the market. Being up breaking that 10000 mark for the first time in how long has -- been."

" A long time. The most important thing is that it should call the beginning of September. All of our needs are and it. Flash -- to market the -- dramatic. And instead we're doing quite well. And the ski. -- on the market -- should really lead. You real real recovery and calling tactics and a thousand isn't clinic caller -- reached -- attacks sector. That basically they had better expanded they have to record better than expected quarterly financial results. In the they have incredible confidence that orders are up everything is not that encircle the tax tech. Actor particularly. Supporting and selling to China India Brazil is looking incredibly. Great. Let it -- bad -- market is that for the first time. Automatic. Adjustments where. Started in 1975. The government announced Thursday there will be no cost of living increased its Social Security line. Not because they're mean not because like the horrible but because we have inflation. And so they're not going to have a cost of living increase because there has been no increase in Europe last it was."

" It basically we are having a cost of living increases just that the increases they were zero so that that track exactly what it was."

" Exactly right. What are the issues in terms of everything. It is really rebounding is bad at least at before the laggard in the Hulk saying it's really Europe. In Europe -- they called it hero sclerosis -- But basically. They -- not that they are not act like the rest are. The world -- to and we sort of is that we talked about that before. What do issues. But that. Is inflation and basically everyone is. -- There and number indicators -- prices haven't gone up the tetris tetris ultra will cost of living increase Social Security says. Inflation not coming back. There are other indicators like oil prices. Coming back again this past week the -- inflation in coming. The most important issue forever because that's science calling -- Palin as a means to us. Actually in the country like I did it's not going to you at all the dollar weakness. That I and the finger -- you aren't. There. And if anything what -- big -- are pieces of news that the week is dead at the US trade deficit at. Unexpectedly. Narrowed tremendously. As export client to the highest level of the year. Because it's cheap dollar makes everything worst selling tool the other cheek. Number one number 20 we're paying back the deficit with cheap dollars so you're not leaving the country. The good thing not a bad thing and so don't worry about how critical injuries are weak dollar all set. Unless. You're the one sitting here at."

" The fact that the fact of the matter is you are I mean that -- your -- minority all time from the standpoint of leaving the country you do a lot of traveling but has been. Less and less traveling even within the United States would certainly internationally because of the -- the slow economy so it affects even let people."

" People doing dictation and things like that all bad being hacked it but the weak dollar because you're helping the country in many many different ways. -- And not hurting you at all and that it. Up and down about inflation that basically. It's uncertain it down. And the reason why -- and call it had called into us -- that you know we get it jump on the ships with that do inflation. Indexed securities. Technically. It's too -- They're simply it's uncertain as to whether inflation it's really going to come back into economy so far has not. And those very security that are backed by inflation are actually two big money now not making money."

" Is is it really is set it you don't know we don't know when inflation inflation comeback effect. I mean nobody -- ever knows for certain what's gonna happen with the economy it's at best as educated guesses but do you think that. It is inevitable at some point because of the amount of money that the government is printing what do you think there's any way that that we still -- in avoid inflation. Even with the amount of money that the government is is putting putting into the market."

" There are insisting because it's -- financial meeting in California last week and one at New York Times. Reporters came. And the -- is the a couple of financial planners and says. Could you not know what was going to happen and -- know that their. Twenty but. Why in the world -- being defensive. I can't predict the future angle I mean -- real reality. You can't predict the future and -- many variables people can correctly site. The top five variable for inflation interest rates going up the stock market going down and they can be. Well correct but the other reached -- 98 variables. They couldn't predict and so in the last ten years. OPEC nations oil prices. Curling up people flying begin testing on an -- bad winter's fuel caught all of the Fed to us. Interest rates to critical immigrant and inflation and it didn't happen stick to many variable we simply can't now. But therefore we anticipate what's going to happen we cannot predict the future and so in typical that people want inflation. Index. Bob -- and things like. Two world."

" That it may be the largest thing that we can't predict and people constantly specially the pundits -- quote tend to underestimate this is a much. Emotion plays into this and how much her. Herd mentality and is nobody in the world. I don't care -- what they say not you know how smart they are connecting predict how people are going to react. Emotionally to different things in that plays into into our financial lives."

" It's ordered an enormous. Things that affect the market absolutely right."

" 678 and 2196 guys -- number pollen 69 free coffee -- Verizon Wireless phone user may have won those windows of opportunity F 50 -- Susan's gonna stick with this for -- question -- to -- now's the time to give us a call on those of you who are always -- can never get through now's the time to call 617. And if you have questions on bonds if you have questions on forward case for a three -- Line to get a life insurance questions college related questions that. Mean money related questions gives call right now if you call now I guarantee you'll get through and Susan's gonna stick around so you have some time doctor 617822. When 96 and I. -- point 69 free coffee Verizon Wireless phone -- started to -- Susan go back to Europe financial financial news of the week."

" The big issues that look like it's Gretchen -- more concerned -- about -- Andre and of course the armed raiders. But have been vilified by it there. -- rating of these sub prime mortgage issues all of that. Particular article has to do with community. And of course milk and Orange County. Fifteen years ago. The bottom line is with. With any immunity with any -- at all because that rating agencies to thank the good thing must follow is that they don't. We knew the -- it was a bond -- issued generally don't go back and you got a ten year -- and may now be less valuable. The way around that is only by insured -- far -- they'd be. Ordering can't let -- be unique to keep buying and short bunt that you're guaranteed that you can hit the rating has dropped you'll still that the value your part."

" I wanna go back. It's it affected the market is up over 10000 now that doesn't mean your. And portfolio and its own tracks is exactly but the fact that Matt put it. Put in perspective and how how much that means the market is up. Win the mark how law all the marketing going down and when I'm getting at as per usual it's why people should not. As they are always want to do it why people should not -- market timing."

" It's impossible market turn every single period. The predictors. Had been. No one predicted the market that followed much is that what we're basically back up 8%. From our -- Are women everywhere it was telling you. It will take ten years it will never come back we're period ever in the history -- the United States. They were all wrong in that I get 1 morning we were on incompetence. In the -- pretty different didn't -- you mean this -- Rick you're telling people stand. Any mutual fund manager make war. -- and that that -- said is what -- being in the mutual -- go up one dollar they can make money and the caller. I'll get caught up in thinking. Some big NBC game board things -- up and down out of our control what people are forgetting. These numbers are the US companies that dominate the world market debt and senior. Thinks happened. But the coming back with 50% of people come -- OJ -- Johnson Johnson did. You -- you or Procter & Gamble. And so. Which can't cool. I mean that unfortunately the truth in Atlanta and they're telling everyone stay where I don't do anything crazy. It seemed to it because especially well these cable. Networks are doing everything they can't get ratings are being incredibly. Dramatic."

" That and and we and we and we made that partisan criticism time and again that the that the all the cable that the 24 hour news media to pass the blower thing out portion. Otherwise people think it's boring they don't listen. Well that's that's all well and good for them but it's scares the be Jesus out of out of that the the lady investor in doesn't do any of us any good. 969 Boston talks."