167 episodes

Consuelo Mack has a long and distinguished career in business journalism. In 2005 she struck out on her own to launch her dream program, a weekly half-hour program on public television devoted to helping Americans build and protect their wealth over the long-term. Now in its sixteeth season, CONSUELO MACK WEALTHTRACK has been dubbed the “Cramer Antidote” by the press and Money Magazine named Mack “The Best Money TV Host.” WEALTHTRACK is the only program on television devoted to long-term diversified investing in all of the investments people care about. Support this podcast: https://anchor.fm/wealthtrack/support

WEALTHTRACK Consuelo Mack

    • Investing
    • 4.5 • 162 Ratings

Consuelo Mack has a long and distinguished career in business journalism. In 2005 she struck out on her own to launch her dream program, a weekly half-hour program on public television devoted to helping Americans build and protect their wealth over the long-term. Now in its sixteeth season, CONSUELO MACK WEALTHTRACK has been dubbed the “Cramer Antidote” by the press and Money Magazine named Mack “The Best Money TV Host.” WEALTHTRACK is the only program on television devoted to long-term diversified investing in all of the investments people care about. Support this podcast: https://anchor.fm/wealthtrack/support

    Financial Plans: Pandemic Era Rethink

    Financial Plans: Pandemic Era Rethink

    COVID-19 has affected just about every aspect of our professional and personal lives, including the state of our finances.

    Whether you or a loved one are among the more than 20 million Americans who lost their jobs in the spring of 2020 in the depths of the lockdowns, or one of the millions of Americans who saw their retirement portfolios plunge in the shortest bear market on record in February and March, (and if you stayed invested have benefitted from the markets rebound), or if you or a loved one are among the 20 million Americans who have been stricken by COVID your finances have been affected.

    Financial services firm Morningstar has also been paying attention. In a recent article, “What the Coronavirus Means for the Future of Financial Planning,” its Director of Personal Finance, Christine Benz addressed the issue and we have asked her to enlighten us.

    WEALTHTRACK # 1729 broadcast on January 15, 2021

    More info:

    Books mentioned in  the episode: https://wealthtrack.com/the-pandemic-era-requires-rethinking-financial-plans-says-personal-finance-guru-christine-benz/

    30-Minute Money Solutions: A Step-by-Step Guide to Managing Your Finances : https://amzn.to/3ig0cZE

    Morningstar Guide to Mutual Funds: Five-Star Strategies for Success: https://amzn.to/3ifVVp8


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    • 26 min
    The Narratives Driving Stock & Real Estate Prices [2021]

    The Narratives Driving Stock & Real Estate Prices [2021]

    We have a special treat for you. Robert Shiller, a Nobel Prize-winning economist, a pioneer in the field of behavioral finance, long-time Yale professor, financial innovator, and prolific author. Shiller is also the co-creator of the widely cited gauge of U.S. housing prices, the Case-Shiller Home Price Index, and creator of the cyclically adjusted PE ratio known as the Cape Ratio which is a price-earnings ratio for the S&P 500 based on average inflation-adjusted earnings from the previous ten years. Because it includes ten years of earnings many consider it to be a more reliable gauge of market value.

    His presence could not be more timely. He is known for identifying the tech and housing bubbles long before anyone else did, and here we are in the midst of an economy crushing pandemic with home prices booming and stock prices hitting new records.  We started with the stock market, his analysis of the record-setting performance.

    WEALTHTRACK # 1728 broadcast on January 08,2021

    More info: https://wealthtrack.com/nobel-laureate-economist-robert-shiller-explains-the-narratives-driving-stock-and-real-estate-prices/

    Links to Books mentioned:
    Narrative Economics: How Stories Go Viral and Drive Major Economic Events:  https://amzn.to/3byPtbJ

    Irrational Exuberance: https://amzn.to/38wq9RL

    Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism: https://amzn.to/2JWdGNu


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    • 26 min
    Economic Perspective on the Extraordinary Events of 2020

    Economic Perspective on the Extraordinary Events of 2020

    This week, in part 2 he will share his fifty years of economic perspective on the extraordinary events of 2020 and how the pandemic has changed the economy and markets. It will be a fascinating conversation with one of the best business cycle analysts of our era.     

    Every year at around this time we sit down for an in-depth interview with legendary economist Ed Hyman. 

    Hyman has been voted Wall Street’s number one economist in Institutional Investor magazine’s prestigious annual survey of institutional investors for an unprecedented forty years.    

    WEALTHTRACK #1726 originally broadcast on December 18, 2020

    More Info: https://wealthtrack.com/covids-extraordinary-economic-impact-from-wall-streets-1-economist-ed-hyman/

    Part 1: https://wealthtrack.com/ed-hyman-expects-record-monetary-stimulus-plus-vaccines-will-speed-up-economic-growth-in-2021/

    Suggested Reading: 

    CREATORS: FROM CHAUCER TO WALT DISNEY, by Paul Johnson 

    https://amzn.to/3r9NvDU


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    • 26 min
    Record Monetary Stimulus + Vaccines = Economic Growth [2021]

    Record Monetary Stimulus + Vaccines = Economic Growth [2021]

    It's an annual tradition on WEALTHTRACK to sit down for a rare in-depth interview with Ed Hyman, Wall Street’s number one-ranked economist for an unrivaled forty years!  Hyman is a Wall Street legend. His ability to gather reams of economic data, including proprietary information from many sources including his weekly company surveys of industries ranging from retailers to restaurants, to homebuilders, truckers, and even Christmas tree vendors gives him an ability to take the current pulse of the many players in our huge and diverse economy.  



    This year we have even more to discuss than usual. We have extended our conversation into an exclusive two-part series. This week Hyman will share his outlook for the economy in 2021. He’ll explain why he expects a “blowout” in the second half but also why there are considerable challenges to get from here to there. Next week we’ll get his perspective on the extraordinary events of 2020 and what he learned from the experience. 



    This week we start with the present: the state of the economy and the markets now. 

    I asked him to bring us up to speed on the economy’s rebound from its freefall in the spring.  How solid is the recovery? 





    More Info: https://wealthtrack.com/ed-hyman-expects-record-monetary-stimulus-plus-vaccines-will-speed-up-economic-growth-in-2021/




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    • 26 min
    Medicare & Lockdown: Better than Ever? (U.S.)

    Medicare & Lockdown: Better than Ever? (U.S.)

    According to Medicare benefits expert, Dr. Katy Votava COVID-19 has altered several aspects of Medicare coverage and procedures. She will tell us what’s different and how to take advantage of the changes. She will also help us meet the deadline for Medicare’s annual enrollment period which ends on December 7th and allows medicare beneficiaries to evaluate their Medicare Advantage Plans and part D, prescription drug plans, and shift to different providers if it makes sense. 

    Votava is a Medicare expert who advises individuals, small businesses, and financial planners from her healthcare consulting business, GOODCARE.com. She is also the author of Making The Most Of Medicare: A Guide For Baby Boomers, now in its 7th edition and an Amazon bestseller. It is a straightforward, easy to navigate guide to Medicare which is a very complex multi-part system that frequently does warrant annual updating by its beneficiaries. An estimated 90 percent of Americans pay too much for their Medicare coverage. 

    WEALTHTRACK # 1722 published on November 27, 2020



    More info: https://wealthtrack.com/how-covid-19-has-changed-medicare-coverage-and-procedures-with-benefits-expert-katy-votava/



    Medicare.gov – The official U.S. Government site for Medicare

    1-800-MEDICARE



    Shiptacenter.org – The State Health Insurance Assistance Program (SHIP) site that directs consumers to free Medicare counseling and assistance



    Eldercare.acl.gov - Eldercare locator, a public service of the U.S. Administration of Aging, connecting you to services for older adults and their families. 1-800-677-1116   



    Making The Most Of Medicare: A Guide For Baby Boomers: https://amzn.to/33mW4Rs




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    • 19 min
    Successful Investing: Timeless Advice

    Successful Investing: Timeless Advice

    Can investing be simple? Can we stop worrying about what’s happening on Wall Street, in Washington, with Fed policy, inflation, corporate earnings, and numerous other headline-making concerns? Can we just get on with our lives and still invest successfully? 

    According to this week’s guest, the answer is yes, and we shouldn’t even care what the market is doing.  

    What should we care about? How should we invest? That is the focus of this week’s exclusive WEALTHTRACK interview.  

    Our guest is Charles Ellis, the author of the investment classic WINNING THE LOSER’S GAME, available now in its 2017 7th edition. Ellis is the author of 16 other books including the recently published 10th-anniversary edition of THE ELEMENTS OF INVESTING, co-written with his good friend, Princeton economics professor Burton Malkiel.   

    Ellis is a globally recognized financial thought leader, investment consultant, and advisor to governments, institutions, and endowments. He also cares deeply about helping investors succeed, as he puts it “winning the loser’s game.” He will help us do that this week. 

    WEALTHTRACK #1721 broadcast on November 20, 2020



    More info: https://wealthtrack.com/timeless-strategies-for-successful-investing-from-legendary-investment-consultant-charles-ellis/



    WINNING THE LOSER’S GAME (2017 edition): https://amzn.to/379ODOP



    THE ELEMENTS OF INVESTING: https://amzn.to/2UL96Dz




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    • 26 min

Customer Reviews

4.5 out of 5
162 Ratings

162 Ratings

Dean130130 ,

The Bomb 💣

Consuelo is a veteran investment and economic journalist and an expert interviewer. Listen to her and her top-notch guests as they paint a clearer picture of economic challenges and opportunities and help you navigate the complexities of sound money decision making.

trillionshelper ,

BIGTIME FAN

Excellent show, best on finance. Adult, serious, insightful and always useful and informed valuable information. In fact, more useful as an investing aid than the WSJ and NYT.
But please don’t have guests (such as 2/14/20 show) who is a manager who consistently underperforms their market. They sound super intelligent ....but what’s the point if they always underperform? (Even when market is down!)

Tawm2 ,

Best information for individual investors

Consuelo Mack has been hosting this valuable, informative program for decades - taking over from the legendary Louis Rukeyser who originated Wall St Week on PBS. Wealthtrack offers sophisticated advice in easy-to-understand terms for the individual investor - novice and experienced alike. Very highly recommended! Thanks to sponsors, Consuelo and production team.

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