133 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

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

    Staggering Numbers

    Staggering Numbers

    One of the biggest trends in investing in recent years has been the migration of investment dollars into exchange-traded funds and out of traditional mutual funds. The numbers are staggering. 



    This week’s guest had the foresight and guts to get involved in ETFs in their early stages and more recently cryptocurrencies which are still in their development phase. We are going to get his update on both.  He is Matt Hougan, Global Head of Research at Bitwise Asset Management, a cryptocurrency asset manager. Hougan describes it as the “crypto equivalent of an S&P 500 fund.” 



    He also is Chairman of Inside ETFs where he was CEO until joining Bitwise. Inside ETFs is the world’s largest ETF education and events company. 



    He will give us advice on investing dos and don’ts in both investment vehicles.  



    WEALTHTRACK #1640 broadcast on April 3, 2020.



    More info: https://wealthtrack.com/flows-into-etfs-and-long-term-returns-on-bitcoin-are-staggering-matt-hougan-is-an-expert-on-both/




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    • 27 min
    Crisis Investment Perspective

    Crisis Investment Perspective

    Life can change in a New York minute, and it has. The world is going through a terrible experience right now.  As President Trump has said we are at war with an invisible enemy.  I would add it’s an enemy that can strike anyone, anywhere which makes it so unsettling.



    The coronavirus is upending lives and societies.  The steps we are taking to combat it are harsh, isolating, and damaging psychologically, emotionally, and financially. Everyone is affected.  Many Americans are losing their paychecks and jobs for an indeterminate amount of time. Some are in danger of losing their businesses.  



    The cynic’s definition of a recession is when your neighbor loses her job.  A depression is when you lose your job.  Until we get a handle on the length and scope of COVID-19 we won’t be able to define its impact. 



    This week’s guest comes from a family of investors who take the long view. He is third generation value investor Christopher Davis, Chairman and Portfolio Manager of Davis Advisors an independent investment management firm. Davis will provide some welcome perspective on how the firm has managed through crisis conditions for more than half a century.



    WEALTHTRACK #1639 broadcast on March 27, 2020



    More info: https://wealthtrack.com/third-generation-investor-chris-davis-share-50-years-of-perspective-on-managing-through-a-crisis/




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    • 26 min
    This is bigger than the financial crisis & it’s wise to raise cash says T- bond guru Robert Kessler

    This is bigger than the financial crisis & it’s wise to raise cash says T- bond guru Robert Kessler

    The markets will fluctuate said J.P. Morgan.  We will add they can fluctuate dramatically and quickly. We are now living that reality daily.

    The longest bull market in U.S. history, which began in March of 2009 saw stocks reach new highs in February only to plummet this month at historic speeds and magnitudes. The bull market officially ended on March 11th and the bear market began with a 20% plus decline in major markets from their previous highs. Since then the bear market has been deepening.

    The longest economic recovery in U.S. history is also at risk.  What seemed highly unlikely to most economists just a few weeks ago, namely a U.S. recession is now becoming a consensus view.  All it would take is two consecutive quarters of contracting growth and it looks like the second and third quarters of 2020 will qualify.

    Wall Street’s number one economist and WEALTHTRACK guest Ed Hyman issued his U.S. recession forecast on March 7th citing the triple whammies of oil price collapse, coronavirus economic impacts, and China-related supply chain disruptions.

    Meanwhile, the bond markets are setting their own records. Yields on U.S. Treasury securities the 10-year Treasury note and the 30-year Treasury bond have both been reaching historic lows. When bond prices rise yields fall so Treasuries have once again proven to be safe havens as well as excellent investments in the face of stock market declines.

    None of this is a surprise to this week’s guest who has been warning of economic and stock market risks for years on WEALTHTRACK and the value of owning U.S. Treasury securities and cash.

    He is Robert Kessler, founder, and CEO of Kessler Investment Advisors, a manager of fixed-income portfolios with a specialty in U.S. Treasuries for institutions and high net worth individuals around the globe.

    When Kessler was on WEALTHTRACK a year ago he warned there was a recession dead ahead. He said it’s all about debt.

    WEALTHTRACK # 1638 broadcast on March 20, 2020


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    • 26 min
    Bullish on China

    Bullish on China

    Before the coronavirus crisis, Matthews Asia’s Robert Horrocks was bullish on China’s investment prospects. He believes China’s stock markets are getting back on track to outperform in the years ahead.

    WEALTHTRACK #1636 published on March 04, 2020.

    More info: https://wealthtrack.com/china-coronavirus-aftermath/

    "Current Conditions Call For a Long-Term Focus" : https://us.matthewsasia.com/perspectives-on-asia/market-updates/matthews-asia-perspectives-view/article-1708/Current-Conditions-Call-for-a-Long-Term-Focus.fs


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    • 25 min
    Coronavirus & The Markets (February 2020)

    Coronavirus & The Markets (February 2020)

    Fears of a coronavirus induced hit to the global economy and corporate earnings drove stock markets into official correction territory today. It takes a 10% decline from the previous high to meet that definition and the Dow, S&P 500 and NASDAQ all exceeded that standard today after relentless selling this week.

    For institutional investors, who are frequently judged on quarterly performance the safest course of action from a short-term performance standpoint is to sell first and ask questions later.  Individuals are under no such pressure. As frequent WEALTHTRACK guests and The Wall Street Journal’s “The Intelligent Investor” columnist Jason Zweig wrote this week, “The Pros Have to Sell Stocks Now. You Don’t.” The article gives very compelling reasons why.

    How damaging will the coronavirus prove to be to business? In a WEALTHTRACK podcast, Nicholas Bohnsack, co-founder, and partner of top-rated macro research firm Strategas Research Partners assesses the evidence so far and why he and his team believe there are reasons for optimism longer term.

    WEALTHTRACK #1635 published on February 28, 2020

    The Pros Have to Sell Stocks Now. You Don’t.: https://www.wsj.com/articles/the-pros-have-to-sell-stocks-now-you-dont-11582722004?

    More info: https://wealthtrack.com/coronavirus-the-markets/


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    • 20 min
    Filling in the Retirement Income Gap With Insurance Expert Kim Lankford

    Filling in the Retirement Income Gap With Insurance Expert Kim Lankford

    The reality is most Americans have not met their retirement goals. Here are some findings from a recent Fidelity Investments Retirement Mindset Study which surveyed adults of all ages, both male and female. Eighty-two percent of the general population don’t have a retirement plan in place.

    It’s not as if Americans aren’t worried about retirement. They are. Seventy-five percent feel only somewhat confident to not confident at all about their retirement finances.

    What worries people the most about retirement? Economic concerns that can’t be predicted and are out of their control. The next big unpredictable area of concern is Social Security benefits. The third is inflation.

    Needless to say, the biggest personal worry is outliving their assets.

    We want to change this dynamic starting right now. And we have the right guest to help us. Kim Lankford is an award-winning personal finance journalist, now working freelance. She was a long time contributing editor and columnist for Kiplinger’s. One of the first steps she recommends to plan for retirement or manage it is to understand our monthly cash flows.

    WEALTHTRACK #1634 broadcast on Feburary 21, 2020.

    Episode web page: https://wealthtrack.com/filling-in-the-retirement-income-gap-with-insurance-expert-kim-lankford/

    Fidelity Investments Retirement Mindset Study: https://www.fidelity.com/bin-public/060_www_fidelity_com/documents/fidelity/retirement-mindset-fact-sheet.pdf

    Investopedia – Guide to Annuities: https://www.investopedia.com/terms/a/annuity.asp

    Insured Retirement Institute - Glossary of Annuity Product Terms: https://irionline.org/research-and-education/educational-resources/annuities-glossary


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    • 26 min

Customer Reviews

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.

Dadzjr ,

Top 5 financial podcast

Love the podcast. Wish it was longer

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