23 Burst results for "Caleb Silver"

Higher Income and Corporate Taxes on the Horizon

The Afternoon News with Kitty O'Neal

02:44 min | 1 year ago

Higher Income and Corporate Taxes on the Horizon

"Tax increases your on the way, Although the White House won't say directly, at least not yet, But Americans should prepare for higher income taxes in 2022 higher corporate taxes to speaking of which the IRS bumping the deadline to file taxes to May 15th. We cover all that with Caleb Silver editor in chief of Invested PD, a It's good to be with you. And this is the worst kept secret in Washington, and it's no longer a secret cause the Biden administration's kind of planted it this week among the press just to see what the reception would be, and they've been talking about this actually, since they were on the campaign trail, so no one should be surprised. There's a talk of raising that corporate tax rate to 28% from 21% Remember, President Trump put her to 21% in the 2017 Tax Cuts Act. And also raising the income tax and individuals earning more than $400,000, which is only about 10% of taxpayers but raising that income tax rate way up and also making a higher capital gains tax rate for individuals earning at least a million dollars annually. So this is very much aimed at higher earning individuals and corporations that produce a lot of profits, but pay very little. In taxes. So when is he thinking of implementing this? Caleb? Do we know Well, that is the multi trillion dollar question. But the thinking is that they're planting the seeds now because they are going to put out some infrastructure bills that will need to be paid for. They can't just keep spending because we just spent another $1.9 trillion, so this they will have to be paid for and planting the seed Now, I mean, they'll be fashioning the bills over the next few months. It was not going to go through. In 2021. I'd be very surprised. We have other priorities like vaccine rollout and stepping up this vaccine once and for all, so I wouldn't expect it this year. I would expect it in 2022. Maybe the end of 2022. But remember, that is also a midterm election year, and they don't want to spoil the waters for any potential Democrats. If taxes becomes an issue, so this is going to be a constant process of seeding the water seeing it. What the reaction is going to be pulling it, and you'll probably see more trend traction on this as we get into 2022. Okay? And finally, you know, we're talking taxes, the iris bumping the deadline now to May 15th. Now most people say, Hey, that's great news. Is there Is there any downside to that? Not really. I mean, it allows you to hold on the money if you will the Irish for another month and earn a teeny bit of interest in that, But I think it's really more to help people sort out their taxes. Remember, 2020 was a very upsetting year. Small businesses for a lot of individuals that lost their income or lost their jobs out right, so people have need more time to figure out the paperwork. Plus, the iris is pretty backlog. They're sending out those stimulus checks now via direct deposit and in the mail, and they're still dealing with a lot of issues from 2020, so they're backlogged. Consumers and taxpayers are back long. It's not bad to have an extra month to do that. No downside here. Get him done as soon as you can. But you don't have to send in that check until May. There you go. All right, Caleb Silver, their editor in chief, Investor PD, a. Thank you

Caleb Silver Invested Pd Biden Administration President Trump White House IRS Caleb Washington
"caleb silver" Discussed on KOMO

KOMO

02:13 min | 1 year ago

"caleb silver" Discussed on KOMO

"Attention. Remember game stop. Video game store that wasn't really the most financially secure company in the country was one of the biggest winners on Wall Street this week. This'll is a story that involves things that people not really into the stock market might gloss over hedge funds Day traders, shorting options, college students driving up a stock price and the big hedge funds losing their minds over it. It all happened, But wait a minute. What exactly happened? ABC news producer Mike Dubowski has the story. Sherry, I wanna be clear about something right up front. I don't know anything about the stock market. So when I heard people on TV, saying things like this to the accepted you're selling 40 more shares of that company that don't exist. And all of a sudden other folks are like, Hey, wait a minute. This is going to get squeezed and they buy it. I knew it was time to call up. Caleb Silver editor in chief of Invested PD. A. This is a watershed moment in investing in trading. And it's fascinating to watch because so many people are learning about it For the first time, Caleb explain that this all began a few days ago when shares of Gamestop of video game retailer that mostly operates in malls suddenly started shooting up in value. He says. If you've been paying attention to game stops business lately, that's pretty weird. If you've been watching the economy over the last year, we haven't been going into shopping malls and buying video games in shopping malls. In fact, the business of buying video games in retail stores is basically over In 2018. It reported an annual net loss of $485 million. So the company has been on the rocks for a while, and Wall Street has been taking notice. Specifically hedge funds Wall Street or financial institutions that have been betting against the price of the stock thinking that the company's prospects aren't that good. This is what's known as shorting the stock. Basically, these hedge funds borrow a bunch of shares in a company when the value of those shares is high, and then they sell those shares at that high price. Banking on the idea that they'll eventually lose value. This is what happened to Gamestop. Wall Street. Investors expected the value of the company stock to continue on its downward trajectory, so they sold high with the expectation that they could buy low in the future and pocket the difference. But before that could happen. Read it got involved. Read..

Caleb Silver Sherry editor in chief Gamestop Mike Dubowski ABC producer
"caleb silver" Discussed on NewsRadio KFBK

NewsRadio KFBK

01:41 min | 1 year ago

"caleb silver" Discussed on NewsRadio KFBK

"About the stock market. So when I heard people on TV, saying things like this, to the extent that you're selling 40 more shares of that company that don't exist and all of a sudden other folks who like Hey, wait a minute. This is going to get squeezed and they buy it. I knew it was time to call up. Caleb Silver editor in chief of Invested PD. A. This is a watershed moment in investing in trading. And it's fascinating to watch because so many people are learning about it for the first time, Caleb explain that this all began a few days ago when shares of Gamestop of video game retailer that mostly operates in malls suddenly started shooting up in value. And he says, if you've been paying attention to game stops business lately, that's pretty weird. You've been watching the economy over the last year. We haven't been going into shopping malls and buying video games in shopping malls. In fact, the business of buying video games in retail stores is basically over In 2018. It reported an annual net loss of $485 million. So the company has been on the rocks for a while, and Wall Street has been taking notice specifically hedge funds Wall Street or financial institutions that have been betting against the price of the stock. Thinking that the company's prospects aren't that good. This is what's known as shorting the stock. Basically, these hedge funds borrow a bunch of shares in a company when the value of those shares is high, and then they sell those shares at that high price banking on the idea that they'll eventually lose value. This is what happened to Gamestop. Wall Street investors expected the value of the company stock to continue on its downward trajectory. So they sold high with the expectation that they could buy low in the future and pocket the difference. But before that could happen. Read it got involved read..

Caleb Silver editor in chief Gamestop
"caleb silver" Discussed on NewsRadio KFBK

NewsRadio KFBK

02:10 min | 1 year ago

"caleb silver" Discussed on NewsRadio KFBK

"Redirected our attention. Remember game stop. Video game store that wasn't really the most financially secure company in the country was one of the biggest winners on Wall Street this week. This is a story that involves things that people not really into the stock market might gloss over hedge funds Day traders, shorting options, college students driving up a stock price and the big hedge funds losing their minds over it. It all happened. Wait a minute. What exactly happened? ABC news producer Mike to Bus Key Has the story. Sherry, I wanna be clear about something right up front. I don't know anything about the stock market. So when I heard people on TV, saying things like this to the accepted you're selling 40 more shares of that company that don't exist. And all of a sudden other folks are like, Hey, wait a minute. This is going to get squeezed and they buy it. I knew it was time to call up. Caleb Silver editor in chief of Invested PD. A. This is a watershed moment in investing in trading. And it's fascinating to watch because so many people are learning about it For the first time, Caleb explain that this all began a few days ago when shares of Gamestop of video game retailer that mostly operates in malls suddenly started shooting up in value. He says. If you've been paying attention to game stops business lately, that's pretty weird. You've been watching the economy over the last year, we haven't been going into shopping malls and buying video games in shopping malls. In fact, the business of buying video games in retail stores is basically over In 2018. It reported an annual net loss of $485 million. So the company has been on the rocks for a while, and Wall Street has been taking notice. Specifically hedge funds Wall Street or financial institutions that have been betting against the price of the stock thinking that the company's prospects aren't that good. This is what's known as shorting the stock. Basically, these hedge funds borrow a bunch of shares in a company when the value of those shares is high, and then they sell those shares at that high price. Banking on the idea that they will eventually lose value. This is what happened to Gamestop. Wall Street Investors expected the value of the company stock to continue on its downward trajectory. So they sold high with the expectation that they could buy low in the future and pocket the difference. But before that could happen, read it got involved.

Caleb Silver Gamestop Sherry editor in chief ABC Mike producer
"caleb silver" Discussed on News Radio 1190 KEX

News Radio 1190 KEX

02:08 min | 1 year ago

"caleb silver" Discussed on News Radio 1190 KEX

"Something right up front. I don't know anything about the stock market. So when I heard people on TV, saying things like this to the accepted, you're selling 40 more shares of that company that don't exist, and all of a sudden other folks are like, Hey, wait a minute. This is going to get squeezed and they buy it. I knew it was time to call up. Caleb Silver editor in chief of Invested PD. A. This is a watershed moment in investing in trading. And it's fascinating to watch because so many people are learning about it For the first time, Caleb explain that this all began a few days ago when shares of Gamestop of video game Retailer that mostly operates in malls suddenly started shooting up in value. And, he says, if you've been paying attention to game stops business lately, that's pretty weird. If you've been watching the economy over the last year, we haven't been going into shopping malls and buying video games in shopping malls. In fact, the business of buying video games in retail stores is basically over In 2018. It reported an annual net loss of $485 million. So the company has been on the rocks for a while, and Wall Street has been taking notice. Specifically hedge funds Wall Street or financial institutions that have been betting against the price of the stock thinking that the company's prospects aren't that good. This is what's known as shorting the stock. Basically, these hedge funds borrow a bunch of shares in a company when the value of those shares is high, and then they sell those shares at that high price banking on the idea that they'll eventually lose value. This is what happened to Gamestop. Wall Street Investors Expo. Acted the value of the company stock to continue on its downward trajectory. So they sold high with the expectation that they could buy low in the future and pocket the difference. But before that could happen. Read it got involved ready? It is the website often associated with means and jokes on the Internet. Regus Lee had a big moment there like 10 years ago, but there's actually a lot more to it than just jokes. Users or predators, as they're known, can join some bread. It's focused on different areas of interest, and that can include everything from politics to bird watching toe comedy videos that teach you about history. Hello, Yes, it's the 19 twenties calling, Let's get.

Caleb Silver editor in chief Gamestop Regus Lee
"caleb silver" Discussed on KOMO

KOMO

01:40 min | 1 year ago

"caleb silver" Discussed on KOMO

"Right up front. I don't know anything about the stock market. So when I heard people on TV, saying things like this to the accepted, you're selling 40 more shares of that company that don't exist. And all of a sudden other folks are like, Hey, wait a minute. This is going to get squeezed and they buy it. I knew it was time to call up. Caleb Silver editor in chief of Invested PD. A. This is a watershed moment in investing in trading. And it's fascinating to watch because so many people are learning about it for the first time, Caleb explain that this all began a few days ago when shares of Gamestop of video game retailer that mostly operates in malls suddenly started shooting up in value. And, he says, if you've been paying attention to game stops business lately, that's pretty weird. If you've been watching the economy over the last year, we haven't been going into shopping malls and buying video games in shopping malls. In fact, The business of buying video games in retail stores is basically over In 2018. It reported an annual net loss of $485 million. So the company has been on the rocks for a while, and Wall Street has been taking notice specifically hedge funds Wall Street or financial institutions that have been betting against the price of the stock. Thinking that the company's prospects aren't that good. This is what's known as shorting the stock. Basically, these hedge funds borrow a bunch of shares in a company when the value of those shares is high, and then they sell those shares at that high price banking on the idea that they'll eventually lose value. This is what happened to Gamestop. Wall Street investors expected the value of the company stock to continue on its downward trajectory. So they sold high with the expectation that they could buy low in the future and pocket the difference. But before that could happen. Reddit got involved..

Caleb Silver editor in chief Gamestop Reddit
"caleb silver" Discussed on KGO 810

KGO 810

01:57 min | 1 year ago

"caleb silver" Discussed on KGO 810

"Help small businesses and others who have been hard hit economically. In her state of the city speech Breed, vowing to spend $3.5 billion on infrastructure project. We can put San Franciscans back to work by harnessing the power of public investment. We will strengthen our sea wall, build parks, police and fire stations, mental health facilities and improve public transportation. Breed vows to build 5000 units of affordable housing each year and she has the city will continue to divert 911 calls from the police and use the street crisis response team to handle nonviolent mental health emergencies. Talk about bad timing. After California's regional stay at home orders were lifted Monday. Bay Area businesses were starting to reopen. But this big Winter storm is putting a hold on that in Northern California restaurants air today allowed to reopen outdoor dining for the first time in many weeks, but it comes is a powerful storm is hitting much of California. John Kane, owner of Atwater Tavern in San Francisco, says heavy rain doesn't work well with outdoor dining, so they'll hold on shoot for Friday where we have sun But already Barbara shops in salons should have been closed for a long time are open again. And they say they're booked for weeks now, like Stone, ABC NEWS, Los Angeles Popular stock trading platform among amateur investors blocked its users from buying shares of fundamentally weak companies like Gamestop and AMC and was only allowing investors to sell today. Action comes as these stocks have been surging in value in recent weeks, potentially costing hedge funds who short of them million's Caleb Silver editor in chief for investor PD, a telling Kjos morning home morning show host Nicki Maduro. There are concerns this could be a bubble, but he doesn't think it's anything like 1999. But at the same time, everybody's in the boat with on these day traders and they're following each other in a frenzy. And what happens is a few people make a lot of money here. Most people end up losing money, and most people end up losing.

California city speech Breed Stone Atwater Tavern Northern California Bay Area Nicki Maduro San Francisco editor in chief John Kane ABC NEWS Caleb Silver Kjos Gamestop Los Angeles AMC
GameStop jumps more than 130% even as hedge funds cover short bets, scrutiny of rally intensifies

The Savage Nation

00:38 sec | 1 year ago

GameStop jumps more than 130% even as hedge funds cover short bets, scrutiny of rally intensifies

"Just a few weeks ago, the stock price of retailer Gamestop was sitting below $18 a share. Now it's surged to over $330. Thanks to an army of amateur traders, a loosely organized on reddit, editor in chief of Investor PD, A. Caleb Silver says smaller investors looking to make quick cash while sticking it to hedge fund managers are hyping game stuff They put down money. They watch the stock go up. They sell the stock. They pocket their games and they go on to the next trade. But if you don't have the proper risk parameters in place, and you don't know what you're doing, it's very easy to get in over your head and lose all your money. The battle between small investors and hedge fund owners has created big losses for some major Wall Street player.

Investor Pd A. Caleb Silver Gamestop Reddit
"caleb silver" Discussed on Newsradio 700 WLW

Newsradio 700 WLW

01:32 min | 1 year ago

"caleb silver" Discussed on Newsradio 700 WLW

"The worst of times great senior economic analyst Mark Camera. The Americans have done quote unquote just fine having the inability to spend because so many options have been cut off. At the other end of the equation. Historic unemployment people unable to pay for food or basic services over 19 sent the stock market on a roller coaster override the first close above 30,000 and in historic drop into a bear market. Investor PDS Caleb Silver took about 2 2.5 weeks to lose 20% of the Value of the major indexes. And then it recovered in the fastest recovery out of a bear market history and about 34 days And then there's the job market. Most of us know someone who lost theirs due to the pandemic unemployment skyrocketing toe over 13%, and if you got to keep your job, you probably got to do it at home, a trend that's built some strong gains for the housing sector. Daria Aldinger ABC News also in 2020, NBA superstar Kobe Bryant died in a helicopter crash. It was a moment that stunned the nation. It was a cloudy Foggy Sunday morning on January 26th when Kobe Bryant, his daughter, G, and seven others boarded a helicopter heard here on a doorbell camera. The group heading to Bryan Sports Academy in Calabasas is in a thick fog. The helicopter hitting a hillside was coming down in a fairly significant rate of speed. Everybody on board was killed if he is already on scene. And assisting. We're waiting the arrival of the corners in the hours and days that followed fans gathered, unable to comprehend that Bryant was gone..

Kobe Bryant Mark Camera analyst Caleb Silver Bryan Sports Academy ABC News Calabasas NBA
"caleb silver" Discussed on NewsRadio KFBK

NewsRadio KFBK

02:33 min | 1 year ago

"caleb silver" Discussed on NewsRadio KFBK

"Amazons blue origin is now one of the potential launch providers for scientific and exploration missions. The spacecraft has yet to fly, but will now be in the category of private providers like Space X stuff. It's Democrats and Republicans in Congress appear to be nearing a deal to deliver another stimulus package. ABC News contributor and editor in chief of Invested PD, a Caleb Silver, Joining us Live to give us a timeframe here and to break down some of the numbers in terms of what we can expect. Good morning, Caleb. Good morning and stop me if you've heard this one before, but actually, it seems like they're very close. And maybe the fact that they're going on vacation tomorrow afternoon might be adding a little fuel to the fire here, but their leering about a 900 billion stimulus package, and it does look like it includes direct payments to individuals of about 6 to $700 for more what we can tell So far there is also payments to small businesses. Many of which, as you know, our suffering greatly do this pandemic and his resurgence of the virus in these lockdowns you're seeing in your town and across America right now, what with what's not going to be in it is what the Republicans wanted in terms of liability protection, and what's not going to be at least this round would be city of direct payments. The city and states which are suffering from a loss of tax revenues, among other things. Okay, So what is the difference in terms of dollars between the plan? So we have what 900 billion verses another couple trillion Well. Democrats originally wanted $2.4 trillion Republicans wanted something closer to this the $900 billion, so we're closer to their proposal. But this will not be the end of this will be a stopgap measure of bridge for lack of a better word until the Biden administration takes office puts together an even bigger, broader package that might look very different by the time that gets out, and it won't be till February or March. This may help a lot of folks get through the next few weeks, because, as you know about 12 to 13 Million people are losing those extra unemployment benefits that they got through the cares act on December 31st. This kind of do this could extend that a little bit more, and we'll get them addiction moratoriums hopefully thrown into this, but folks are at the end of their financial rubs in many cases. Kayla, But if I'm not mistaken, I think Senator Mitch McConnell came out and said We're going to get this deal done by the end of the week. I mean, are we expecting this to pass by Friday? I hope I'll be real past today because tomorrow as I said, they do go on vacation. It has to pass. President has to sign it. And then you got to put pen to paper because the details are around it, But not in an actual bill that will take a couple days. And then if that passes get signed the pavements and start going out, Okay. Very good. Thank you. Camera. We would do appreciate that. We'll see if it all happens. Scale of silver from investor PD in the old $900 billion Bridge.

Republicans Caleb Silver Amazons Senator Mitch McConnell ABC News Biden administration Invested PD America Kayla Congress editor in chief President
"caleb silver" Discussed on KOMO

KOMO

03:53 min | 1 year ago

"caleb silver" Discussed on KOMO

"1 36. The latest jobless numbers show another 742,000 Americans filed for first time unemployment claims last week, but that bad news seems to be overshadowed, at least on Wall Street by this week's good news about vaccine development. Joining us with more on this financial tug of war is Caleb Silver, the editor in chief at invested PD and Caleb. Good afternoon. But after you and you said it is a tug of war between good vaccine news, which opened up the economy and mounting rising cases around the country and lockdowns in several cities right now, so investors want to bet on the future and want to bet on the reopening. And you've seen that money moving the last couple of weeks aggressively, stocks of rallied probably to the best November since 1928. But there is this pool of things. We're going to shut down and we're gonna go through a locked out like for a month or two here And then we saw stocks closed higher today. The Dow up 44 the NASDAQ Up 103 the S and P 500 up by 14. You think the initial vaccine search is behind us, and there's a slow recovery coming up or the market's going to stay erratic for a while longer? They're going to be erratic. But the you know if there's a room there's a saying on Wall Street by the rumor sell the news. Rumor was that there was going to be back. Good back, See movie stars from Kleiser. We've seen it coming up from AstraZeneca and Oxford today on Madonna earlier in the week, and all of that is the kind of price standards investors were betting on the recovery sectors. The oil sector financials Industrials. Even the restaurant and travel industry was was rising. But now they're a little bit more fearful as more and more cities or putting up restrictions on commerce on restaurants on travel, and I think that is bringing a lot of that back in today's rally was really technology stocks, which have been the leaders all year throughout the pandemic. I mean back to the front of investors screens and they're buying those which told the whole market higher. We hear all the time. Wall Street isn't the economy. But even if most of us aren't stock traders, you know a lot of us do have are for one case or other retirement accounts fluctuating quite a bit during the pandemic, and some of us need to draw from that when we get in really serious need. What do you think the long term impact is going to be for people? Maybe 5 10 15 years away from retirement. If you remained invested in, you had a diversified portfolio and you were buying into the market in general, you're probably fine, maybe even up a little bit for the year. If you can believe it. If you started trading and started selling your portfolio when things got crazy, and things got scary, like a lot of people did. It was impossible to re time when to come back in. So you missed out on the rally. But if you count your plan Contempt contributing. You're probably up for the year. Now. If you need that money in two years, the stock market might be a scary place to keep it if you need it in five defend, I keep it there because when the stock market returns on average 6 to 8% a year going back, 60 years may not be the case in 2020 minutes, Education 2021. But long term investors have been rewarded even if you have a portfolio that 60 or 70% stocks and 30 or 40% bonds You've done okay? Finally, do you have any expectation for a new stimulus plan before Inauguration day? Or would you just say you know what? Forget it. We'll try again in January. Didn't until about 3:15 P.m. today, when there was news at a Capitol Hill that Republicans and Democrats were actually talking about. They're still far apart about a trillion and a half dollars apart. But the fact that they're talking about it made me we may see it. Before the end of the year. I would be surprised if we don't. We're going to see it very soon after January 20th. It may not be on the magnitude The Democrats want, which is to put four trillion, but it will be money and it needs to go to individuals, Households and small businesses that have been crippled from this crisis. Caleb Silver is the editor in chief at invested PD. A Caleb thank you very much. Thank you Come on his side now. 1 40. It's time to head over to the Beacon Plumbing Sports desk for an update on what's gonna happen. Tonight's in the NFL's M v P showcase in Seattle, Arizona's dual threat quarterback Tyler Mary, elevated the Cardinals to the top spot in the NFC West and certainly himself than the M V P contention..

Caleb Silver editor in chief Beacon Plumbing Sports Oxford Kleiser Tyler Mary NFL Arizona Cardinals Madonna Seattle
"caleb silver" Discussed on NewsRadio WIOD

NewsRadio WIOD

04:33 min | 1 year ago

"caleb silver" Discussed on NewsRadio WIOD

"Works, they placed them there that started this whole thing they want. Maybe it is extraterrestrial life this responsible for 2020 After all. Nevertheless, if you were one of those extraterrestrials, you're being down and all you saw was our stock market recently. You would never know that we still have a contested presidential election. You would never know that control of the Senate is up for grabs. Most likely in January, you would never know. That we are in month. What nine of a pandemic with the economy Still, you know, at best, about half active Because the stocks being a record high. So what gives well, here to talk about all this? And maybe some commentary on extraterrestrial life is well, Caleb Silver, the editor in chief of invested media, and that you may have all him at Caleb Silver on Twitter. All right, Caleb, is this explainable? Or is this a UFO territory? Actually, I love your explanation. I completely by it. And I think correctional and buy up the stock market. Watch our economy deteriorate. I couldn't get their feet. But you're right. It is a complete disconnect with it happens from time to time. As you know, investors look way out into the future. They see this productive news. They see the fact that the next four years, no matter he sits in the White House is going to be look a lot like the last four years, maybe minus the candente culturally, And that means No big tax increases. That means the affordable care act probably stays where it is, And that means interest rates as we know we're going to stay at or near zero until 2023. But the big investors they need to put their money to work. Money like water needs a place to go and the stock market's been the only place where that return his gun, So I expected to continue what you get through a lot more. This uncertainty in this terrible lash. Nuclear the 19 cases and deaths in the country. Caleb without getting too much into the weeds off fundamentals. Just you know, for for listeners, they're trying to figure out what where to go from here on. You know what? I'm observing the market. I'm having a really hard time with projections on earnings because of the environment with which we live. I think projections were probably Bella's unclear as they've ever been with that in mind. If you take a look alike trailing 12 months earnings, for example, you could make the case the market's about 50% overvalued right now. What do you think the right way is to try to value this market for someone who's trying to figure out if it really does make sense for them? Especially maybe They're getting close to retirement. They're worried about taking on a lot of risk. You made a great point. And the reason that there is no guidance because about half the companies in the S and P 500 are getting it because they don't know themselves a little bit of flying blind that said. The way the value the market is toe look at historical returns. This has been a crazy year by all in for all intents and purposes, But the stock market typically returned somewhere between six and 8% every year on average for the past six years. Do that in 2021 no idea that said, You know, interest rates as I mentioned a zero on your zero and they're gonna be that way, so there's no money to be made, sitting in money market funds and cash. Or in CDs. The money did you hate is in the stock market, and investors is gonna keep putting money to work and what they did in the last 2 to 3 weeks. They didn't go the way they usually went with the state home, stop big test out and ready for small cap stocks and from mostly domestic USA stock and do their business in America. They went mostly for the value and cyclical stocks, the industrials and financials which is the bedrock of every present. You don't get a recovery without that we had this crazy stop market. Because of about 20 companies, and you know which ones they are that have been driving the games all year that look in the past couple of weeks, and that's actually a good time. Caleb. At this point, Do you think the market's tapped out? In other words the vaccine? Obviously, that was the next leg higher recently when the vaccines hit. Do you think there's any more to the market? Or do you think that's kind of a sell the new situation? You say it's a by the new Buy The rumor sell the news and the rumor was out in the last couple weeks back in progress would be very good. It has been so we've seen a little sell up and pull back the stock markets. I'm not in a half percent in the month of November. It's one of the best November strike since 1928 we got about what happened in 1929. But it's historically high and there's $4 trillion sitting in money market funds right now, that's been waiting to get put to work by big investors and they're not making money for their clients in there. They're gonna lose their job. If they don't come after some of those return, so I expect Once we have a little bit more certainty, and this wave of the second rate of the virus abates a little bit. Money's going to come back into the stock market in a big way. Lister's asked me where do I start to learn about stocks and how to invest in everything else invests in media Start their wealth of information tale of silver, the editor in chief of Investing PD a. Thank you very much for taking the time. Any time. Thank you at Caleb Silver on Twitter. Let's get to my top three.

Caleb Silver Twitter editor in chief Senate White House USA Bella Lister America
"caleb silver" Discussed on KOMO

KOMO

03:13 min | 1 year ago

"caleb silver" Discussed on KOMO

"The other side, you know that's not true. It is totally true. Virtually every number was the best. With the best economy ever. And what was happening is things were coming. I asked your priority. I mean, those are all things you already now is to get back to normal. And Donald Trump says that's where we're heading. But for another perspective, we turn to Caleb Silver, the editor in chief of invested PDS, Caleb, How is the economic recovery going? From your point of view? Or my point of view? It's going great in some areas, especially if you I kept your job. You're still getting paid. We still have savings and you're still able to invest if you are not If you've lost your job meaningful part of your income. Trying to get back into the labor force is very difficult right now. We heard this morning that 770,000 people fought for first time unemployment claims last week. Lower than expected, which is a good step in the right direction. But seven plus months pandemic, we still have hundreds of thousands of people getting laid off every week. So if you look at it from that perspective, it's not going that great if you look at other areas of the economy in the production manufacturing Home cell. Those are going very well right now. But that's part of the basic economy. Everybody talking talk about national unemployment figures compared to Washington State in Seattle. What do you know in your area in Washington state? Just got these figures this unemployment with 7.8% in September, the last month they've recorded that's right around the national average, the Seattle area for August a little bit lower 0.7% Donald Tacoma area. You still have that twice more than twice the height That was a year ago. So you got twice as many people basically looking for work that weren't looking for work a year ago, and that takes a very long time to get back into the lab before going out a while, So we still have a ways to go in the labor of the president's top domestic priority was the economy before Corona virus do. Most investors think he did a good job and does that even matter when so many Americans are still waiting on a stimulus relief package? I think you know lots. President Love to take credit for the car when it goes well, not when it does be well practiced. President Trump inherited a pretty healthy economy. There was pretty low unemployment. There was a lot of moving in the right direction, and that's what happens when you're president. Sometimes you in here something that's going great trend. Things were going well until the corona virus, the destruction of the economy and the inability to stop the virus. And the full stop to the economy and stated time has put us in a parallel position that's going to take us years to climb out of completely. Will that stimulus relief bill make a difference that people will make a difference, especially for small businesses and consumers? We saw the consumers by and large, we're able to stay the money or pay down debt with the stimulus checks of the unemployment checks they got The Corona virus carjacked. The fact is obviously September. A lot of folks, especially on the lower income side, something to run out of money and well dipping into emergency thoughts or borrowing money because they basically run out of steam. For folks that are okay still kept their income was you're going to help. They're going to continue spending, but there's a huge chunk of the population. That has lost a medical parlor income any of those checks to despite groceries and the rent to speak this Caleb Silver editor in chief of invested media, Thanks, Caleb. Come on news Time for 20..

Caleb Silver president Donald Trump editor in chief Washington State Seattle Corona Donald Tacoma
"caleb silver" Discussed on KFI AM 640

KFI AM 640

03:09 min | 2 years ago

"caleb silver" Discussed on KFI AM 640

"Higher than we thought. Let's say good morning now to the editor in chief of investor pia dot com Caleb Silver. Good morning to you. You know what I thought was interesting in this article that I just read on CNBC, it says. That this was another sign that the spike in job growth over the summer has cooled heading into the final part of the year. Don't we? Normally those CIA bump in hiring at the end of the year because of the holiday season? Typically you see a lot of retailers and you see a lot of leisure hospitality business staff up ahead of the holiday season ahead of the fourth quarter, which is the most important quarter for us business is that's where the profits they call black Friday for the reason around Thanksgiving. That's when profits were made, but we haven't We've seen some of that temporary hiring, but we have not seen a robust hiring back to this. Childress is part of the economy where most of the job losses have been the fact that we're still seeing over 800,000 weekly initial players for unemployment. Seven months into the stand ethic tells you that the recovery has not happened in the labor market. It's happening in most other parts of the economy just on the labor market. Yeah, Now let's talk about to the president's move. So first on Tuesday, we heard no. I'm cutting off talks when it comes to the stimulus because the Democrats are trying to put stuff in this that has nothing to do with the stimulus. Therefore, I'm not going to do it. Then. Later that night, he said. Well, if we do targeted funding say toward the airlines that I'm okay with that it's sold fascinating to watch the future's all of a sudden drop the minute he says no talks the minute he says, Yes, we'll focus on certain industries boom, The future's went right back up. Right. Well, the president uses the stock market as a scorecard to tell you how well the economy is doing it has, you know very well on your listeners know, stop Martin stock market economy are very and it couldn't be more devoted right now that said investors are betting on a rebound, so the fact that we might be finished. That bails out the airlines to between 15 to $20 billion.12 dollars back in Americanspockets those who qualify. That's a good sign that no matter what investors were betting on government spending, no matter who sits in the Oval Office and among our next year, so they're betting on stocks and they have them all here, okay, and when whether or not this $1200 ends up in people's pockets is one thing. But if it doesn't end up in the 25 million laid off Americanspockets, who have been getting some form of government aid, that's a big hit, especially she hadn't of the holidays. Absolutely A and consumers have been holding up. Okay. Part of that was because of the pandemic unemployment insurance check that were coming until the end of July. The shavings rate's been higher. We have not seen a lot of credit card thoughts, but we know under the surface, especially along come Americans or people who have lost a good chunk of their income their suffering badly. So assuming Consumersspending tips that took the entire economy back into a double dip recession that can't happen if we want to get out of this trip ever any time, she and I think all lawmakers are aware of that. And they all know that elections coming in 36 days, But I've got to do right by consumers because those are the people that should be voted. Yeah, that's a fine line to walk. Thank you so much. Caleb. I appreciate it. Thank you. See you later. That's Caleb Silver. He is the editor in chief at Invest OPD a dot com This is K f i n k O t h d to Los Angeles. Let's take a look at your commute..

Caleb Silver Childress editor in chief president CNBC CIA Americanspockets Oval Office Los Angeles
"caleb silver" Discussed on KOMO

KOMO

03:38 min | 2 years ago

"caleb silver" Discussed on KOMO

"Chief of invested pediatrician Ng US on the coma news line, Kudlow acknowledging there's more work to do admit thie. Corona virus crisis but calls this a self sustaining economy. Caleb, what do you say when you see that more than 29 million Americans receiving unemployment? I don't know anything about it, except the fact that we still have over 860,000 people just last week. Let me first time unemployment insurance, so we're still very high. The number of people that are still getting late, and I don't have to call that a recovery. We have seen some jobs come back, and the good news is that we've been continuing claims for unemployment come down, which we spoke that well, maybe laid off temporarily are getting rehired. We need to see more of that. But the pain has been in the service sector, which is hotels, restaurants, travel, leisure and hospitality. Basically. And those businesses are very compromised right now. So is that a spin? This morning's jobs report showed 860 Americans applying for unemployment in one week? Yeah, we're six plus months into the pandemic right now, And I still have these astronomically high numbers that this had happened in any other, become dependent would be shocked by that amount of people. But remember, we had a month where we had 6.7 million people. First time unemployment claims, so we are lower and this is the first weekly bend lower in three trends moving in the right direction but very slowly, which is frustrating. You know how to work or have lost hours for their work or in defense contractors and not connected to the labor force Informal way. They're suffering greatly as well. Where do we go from here? What do you see? What's what's in the crystal Crystal ball really depends on the virus and were able to contain it. You keep it at these low levels here in the U. S. We'll be open. More schools are going back into session, albeit slowly. Restaurants are starting more people inside, albeit slowly. But if we see some recovery there and we don't use the virus will see some of our hiring growth will be good in 2021. It won't be good defense thought it might be, but it will be good as long as we keep the virus contained. You're seeing in Europe. These talking of growth of the virus again. Now that they're re opened its not a great time for us. We need to get to the point where we can realistically. Not have to worry too much about that. How does all the pre election rhetoric impact this? It impacted a lot. But for individuals after the stock market has been turning hires in late March, and all signs point at least something game there. But only 10% of investors own 90% of the market. But this was not an equally handed out recovery for a lot of people. And if you have good credit, you have money in the bank Interest rates. Tupelo Right now you can refine it. You could buy home. But for most people who are suffering from lower incomes have lost their incomes over at that. Probably lying to begin with this recovery is not happening. So what should we be doing right now, Caleb? Well, I think more stimulus is in order and soon and I think that we may be able to get away of logic could agree on just providing you have lost their job during the crisis and not put all the port into a bill that would make it 12 to $2 trillion, So that's not happening in this political climate, but we can direct him in this treatment. The people that need it most in the lower income people on their work on the front lines who maybe had lost their job. Caleb Silver editor in chief of invested PDF, Always appreciate your time, Caleb. 6 40. Now our lyrical Bill Swartz says. The Mariners lights go down in that city by the bay. Here's Pillot, Our sports desk. The ends against the Giants has been a bad matchup. Y'all in there four games this summer, San Francisco outscored the Mariners 31 to 13. Playing as the home team today at San Francisco's Oracle Park. The Mariners had a 4 to 1 lead until their relievers walked and hit batters and then gave up the big blow. Lined into the gap, but nobody's.

Caleb Silver Mariners Kudlow San Francisco Giants Europe Bill Swartz Tupelo Oracle Park editor in chief Caleb
US is expected to report a record-breaking economic plunge

The Afternoon News with Kitty O'Neal

02:50 min | 2 years ago

US is expected to report a record-breaking economic plunge

"Of restaurants and businesses in the Sacramento area have been struggling, even shutting down due to the Corona virus pandemic going deeper now, on a new report from Yelp that shows numerous businesses have closed in the Sacramento Roseville Arden Arcade Metro area. Yelp reporting more than 1500 businesses shut down between March 1st and July 10th 131 restaurants. 99 retail businesses were marked permanently closed. National projections suggest that roughly half of small businesses or risk amid the Copen 19 crisis, I talked about this with Caleb Silver from invested media consumer spending, which drugs 70% of US gross domestic product has been falling after climbing in June. Why, Because of the researches of the virus has forced the closures of businesses. You mentioned the ones around Sacramento. Happening all over the country Cos isn't trying to be open hiring folks back and they had to lay that Marcus. You have this resurgence, which is putting people back on the unemployment lines, just the time with a $600 a week. Extra unemployment benefit is running out. And Caleb talk about the different industries. I'm obviously the hospitality travel industry, but it really it's affecting everybody thing. It's seemingly everybody across the board pretty much nearly every sector has been impacted by the pandemic in the economic fallout if you look across the retail sector We've seen a number of legacy Retail's go out of business filed for bankruptcy here consolidate. But even if you look at industrial demand a factory sector where we thought we'd have a recovery by now, we had one in the beginning of June. That's gone. Those industries are now suffering again as well. And the root of all of this is the lack of spending by businesses and consumers because there's so much on certainty about the virus and where we go from here. So Caleb, Even what people are spending online is just not not measuring up to what needs to be done to keep the numbers up. Absolutely. When you think about where we were back in February, with the economy was growing about 2 to 3%. Consumers were basically healthy across the board. Even with the lower income level, we did have robot spending, But as soon as the virus hit, and we were forced to work from home businesses shut, consumer spending except for online spending has really gone down. But online spending is not going to prop up in the comedy of Okay and a final the impact of the economy if we continue in this direction, but the impact on the economy has been pretty staggering. Already. We already had 10 millions of people who are unemployed. We have many millions more unattached to the workforce were simply not looking for a job because there are no judge. So you have the unemployment hacker. Then you have GDP. Gross domestic product is expected to plunge. 34% on an annualized basis in the Latin quarter. That's going to be the steepest plunge since before 1958. So we're looking at historically bad numbers for the economy. Historically bad numbers for unemployment and bending, which is really driving the US economy has dried up.

Caleb Silver Sacramento Yelp United States Sacramento Roseville Arden Arc Legacy Retail Marcus
"caleb silver" Discussed on NewsRadio KFBK

NewsRadio KFBK

03:26 min | 2 years ago

"caleb silver" Discussed on NewsRadio KFBK

"Parent of an Taylor and Lane Bryant filing for bankruptcy protection. That could mean 2000 stores closing and jobless claims 1.4 million Americans filing for unemployment benefits of last week. The 18th consecutive week where we've been over a 1,000,000 people filing for unemployment Congress, of course, trying to figure out right now how much those people will get an unemployment over the last six months of the year. Here are the final numbers downtown, 3 53 26 6 52 NASDAQ down to 40 for a 10 for 61 the S and P, down one and 1/4 percent or 40 points. Hold up 24 18 90 announced 10 year bond yield 100.58%. Alright. Thanks, Kelly. Well, the pandemic looking like it could be around for a while and the impact on the economy uncertain. And, of course, unemployment benefits in this month. Caleb Silver is the editor in chief for invested PDS. We were not expecting one point for one million Americans fought last week. We're expecting less than that. The resurgence of the virus and the consequent shutdown of economies and businesses around the country needs employers had to lay people off again. So this is not what we wanted to see at this point in the recovery and as you mentioned right there July 20 seconds when the last $600 we check those out. There's no extension. There are a lot of folks going to be hanging in the balance here. You know, Caleb, I had read something that the president was thinking about extending it. But for less money, you know, there's been that big debate how people are making more, You know, not going backto work. Why should they go back to work if they're getting so much money? So there's that consideration to weigh what we call a moral hazard, And it's actually up to Congress on whatever bill they agreed to. Whether to extend that $600 a week. There's talk of making it $500 a week for the Treasury secretary today said 70% of a person's income. You can be very hard to figure that out because we all have various income. So that just shows you how much uncertainty and how exactly is where we're running to the end of these of these checks going out on July 25th The fact is, the stimulus checks have helped Americans pay the rent paid the mortgage. The fridge with grocery stay afloat in the mist of this crisis that has 35 million people about claiming unemployment in some 54 million out of work since the pandemic together. And, of course, Caleb. We make the distinction between that for the unemployed versus the stimulus check which people have been getting the $1200 or whatever it works out depending on your your income. Soon. Both have been key factors. And both has helped raise the personal savings rate in May and in June because a lot of folks we're spending it on the necessities. But they were also putting money away for a rainy day. Not thinking that the rainy day would last throughout 2020 But given where we are in the recovery of stopping and starting in the least on the re stopping, it looks like it's going to be a long recovery. And folks you're gonna have to brace themselves by saving as much as they can and cutting down On their extension. Okay. Caleb Silver, their editor in chief for invested PDR in New York. Thank you for your time today. Still ahead, Traffic, weather news and the handle from the KPK. Afternoon news to Pat Wall. Show on news. 93.1 cave, Okay? Your smartphone is a portable radio Put us on speaker mode, and here's everywhere you are While you're working at home, you can stay connected with Sacramento's news. 93.1 kfbk.

Caleb Silver Congress editor in chief Pat Wall Taylor Sacramento Lane Bryant Kelly KPK president New York
Rise in Unemployment Claims Signals an Economic Reversal

The Afternoon News with Kitty O'Neal

02:18 min | 2 years ago

Rise in Unemployment Claims Signals an Economic Reversal

"The pandemic looking like it could be around for a while and the impact on the economy uncertain. And, of course, unemployment benefits in this month. Caleb Silver is the editor in chief for invested PDS. We were not expecting one point for one million Americans fought last week. We're expecting less than that. The resurgence of the virus and the consequent shutdown of economies and businesses around the country needs employers had to lay people off again. So this is not what we wanted to see at this point in the recovery and as you mentioned right there July 20 seconds when the last $600 we check those out. There's no extension. There are a lot of folks going to be hanging in the balance here. You know, Caleb, I had read something that the president was thinking about extending it. But for less money, you know, there's been that big debate how people are making more, You know, not going backto work. Why should they go back to work if they're getting so much money? So there's that consideration to weigh what we call a moral hazard, And it's actually up to Congress on whatever bill they agreed to. Whether to extend that $600 a week. There's talk of making it $500 a week for the Treasury secretary today said 70% of a person's income. You can be very hard to figure that out because we all have various income. So that just shows you how much uncertainty and how exactly is where we're running to the end of these of these checks going out on July 25th The fact is, the stimulus checks have helped Americans pay the rent paid the mortgage. The fridge with grocery stay afloat in the mist of this crisis that has 35 million people about claiming unemployment in some 54 million out of work since the pandemic together. And, of course, Caleb. We make the distinction between that for the unemployed versus the stimulus check which people have been getting the $1200 or whatever it works out depending on your your income. Soon. Both have been key factors. And both has helped raise the personal savings rate in May and in June because a lot of folks we're spending it on the necessities. But they were also putting money away for a rainy day. Not thinking that the rainy day would last throughout 2020 But given where we are in the recovery of stopping and starting in the least on the re stopping, it looks like it's going to be a long recovery. And folks you're gonna have to brace themselves by saving as much as they can and cutting down On their extension.

Caleb Silver Editor In Chief Congress President Trump
Another huge blow to US workers expected in May jobs report

Morning News with Manda Factor and Gregg Hersholt

00:28 sec | 2 years ago

Another huge blow to US workers expected in May jobs report

"The labor department will release the may unemployment numbers this hour and they are not going to be pretty when the pandemic hit employers were quick to lay off re hiring Investopedia is Caleb silver said will be slower he expects the unemployment rate to climb twenty percent that's the most since the Great Depression and it's going to be that way for awhile because companies are not going to be ready to hire back in mass until they see robust demand robust demand means we all start eating out traveling and buying things which by and large the country's not doing

Labor Department Investopedia Caleb Silver
"caleb silver" Discussed on KOA 850 AM

KOA 850 AM

01:48 min | 2 years ago

"caleb silver" Discussed on KOA 850 AM

"Forty two in Colorado's morning news the jobs report for the history books for all the wrong reasons yeah this is one we're going to be telling the grandkids about along with that story about how we had to walk miles to school up hill both ways well this one we may not have to exaggerate when the pandemic hit employers were quick to lay off re hiring Investopedia is Caleb silver said will be slower he expects the unemployment rate to climb twenty percent that's the most since the Great Depression and it's going to be that way for awhile because companies are not going to be ready to hire back in mass until they see robust demand robust demand means we all start eating out traveling and buying things which by and large the country's not doing Erin cutters he ABC news New York as much as today's report is anticipated many economists are actually looking down the roadways the real key question here is the re hiring we don't know how many people have gone back to work at this point two jobs as places reopened in all fifty states now are in various stages of re opening and of course some employers are going to be needing to bring back employees but there really is still a lot of uncertainty around how many of those employees come back and how quickly they see financial correspondent Rebecca Jarvis the may jobs report comes out at six thirty this morning so far financial markets don't seem too concerned Dow futures are poised for a gain of about three hundred points stocks in the major averages are up forty percent since they hit their lowest levels in March a big international accounting firm with a sizeable footprint in Denver has layoffs coming to Lloyd as fourteen hundred employees in metro Denver the company reportedly will get pink slips to about five percent of its US workforce since twenty thirteen to Lloyd has doubled its Denver workforce more covert nineteen creativity for some businesses.

Colorado Investopedia Caleb silver New York Rebecca Jarvis Denver Lloyd Erin ABC Dow US
"caleb silver" Discussed on NewsRadio KFBK

NewsRadio KFBK

02:09 min | 2 years ago

"caleb silver" Discussed on NewsRadio KFBK

"Weekly jobless claims figures have been released this morning with all fifty states now open for business more or less are these numbers assigned that unemployment may be easing we're joined now by editor in chief of Investopedia Caleb silver and Caleb what does this a number in joblessness claims show us what is happening well two point four million Americans filed for a first time claims in the last week that's an enormous number about the size of the city of Houston but it is a decline from the prior week and last week's numbers will rise a little bit lower but we still have some thirty eight million Americans out of work as of the last eight or nine weeks I which is a staggering down the unemployment rate's going to go up to about twenty twenty five percent and the in terms of the car the economy being open you hope that they'll be some hiring as the economy opens but it's not gonna happen to lose you Abbas consumer spending and that has not been material yet so when the are a certain industries hit more than others right now like with these new numbers are absolutely exceeded the leisure and hospitality industry that I've been taking it the worst all along some restaurants travel related companies places where people gathered and then use those been hit the worst a services economy has been hit very hard but also with these numbers don't capture the gig economy these independent contractors that may I have some side also included there is jobs and don't have a steady employer should there not probably going to get in the traditional way missing a large number of people there so the numbers are probably worse than a pier and appear pretty bad we've done stories about people staying on unemployment because they were frankly doing better there than they were on the job any indication that that's still happening it still happening because you see that in the continuing jobless claims there's the initial claims which capture the last week and you know that figure but the continuing claims are now locked in about twenty two million some people remaining on unemployment and as you said some folks are choosing to remain there because the money they're getting from unemployment and if they got the stimulus technically more than they were to be earning minimum wage job so that's going to be a part of the moral hazard and folks are probably gonna stand I don't want a longer than expected all right editor in chief of Investopedia Caleb silver thank you very much for your time appreciate it try to check on the traffic.

Investopedia Caleb silver Caleb Houston editor in chief Abbas Investopedia Caleb
"caleb silver" Discussed on KOMO

KOMO

01:37 min | 2 years ago

"caleb silver" Discussed on KOMO

"For tomorrow sunny eighty three same deal on Sunday will cool off on Monday a little bit partly sunny and a high in the low seventies right now in downtown Seattle we have sunshine in fifty two hello this time seven fifty five did you hear a loud boom Wednesday night a lot of people in Kitsap and some surrounding counties heard it scientists believe now it was a meteor the American meteor society says a camera caught the flash of light they say it was a fireball streaking through the atmosphere in the boom was probably the meteor exploding researchers say there's a chance you might see and hear more of them we're in the middle of a meteor shower that could last for weeks on a typical sunny day in may you might hear this at pike place market for the pandemic to silence the thriving street music scene no one clicks busker has started a crowdfunding drive to help her fellow musicians her boss for relief fund so far has raised more than four thousand of hope for ten thousand dollars you can donate if you'd like a free finder dot com slash busker relief komo news time seven fifty six you earned it so keep it I'm Terry all bring a with today's tax tips it's called the earned income tax credit do you qualify for the I. C. as it's called a tax credit available to low to moderate income taxpayers it can be worth up to six thousand five hundred fifty seven dollars for twenty nineteen Caleb silver editor in chief for Investopedia earned income credit sounds confusing it may sound like financial jargon but it is actually money in your pocket if you're a taxpayer you want to take advantage of that credit and you could earn money back from the government every year as long as you make that filing and you earn under a certain amount.

Seattle Kitsap Investopedia pike place komo Caleb silver editor in chief
Wall Street tumbles again on virus fears, confirming correction

News and Perspective with Taylor Van Cise

03:37 min | 2 years ago

Wall Street tumbles again on virus fears, confirming correction

"Line we've heard from doctors about needing to be prepared for a wider outbreak of coronavirus covert nineteen but should we be doing something to financially prepare as well even if you don't really watch the financial markets day today you've probably heard about how poorly wall street's performed over the last few days amid concerns of the wider outbreak that is possible today the Dow closed down by almost twelve hundred points the S. and P. five hundred and nasdaq losing similar margins all three down by about four and a half percent joining us now on the come on who's line is Caleb silver the editor in chief of Investopedia dot com Kayla good afternoon if you're having me on does this kind of drop in the stock market surprise you in any way or were you kind of anticipating okay we could see a pretty big drop what's surprising is that about ten days ago we were at record highs both for the Dow industrials and the S. and P. five hundred and the fact we've had such a violent swing and now we're in what we call correction territory that's when stock markets fall ten percent from recent highs that's been a pretty violent drop I'm surprised it took this long but I'm also surprised at the ferocity of the selling that's going on on Wall Street right now how does this compare to what we saw during other global health concerns you know you bowl seek a couple years ago sars and swine flu before that sure well in those particular cases markets did fall two three four percent but they rebounded almost immediately and bounced to new eyes so after stars in particular the market was up from a ten percent in the six months following it's hard to say what's going to happen here because this has been a global epidemic and it's it's putting a stop to supply chain supply companies like apple like coca Cola like Microsoft the biggest companies in the world internist apply change which is going to hurt their ability to meet orders and their revenue and profit targets going forward and that's why we're seeing the selling going on that's kind of short term though because I mean down the road someone still wants a diet coke and the new month version of windows if I'm not a day trader I'm not an options trader I don't manage billions of dollars should I even bother to look at the stock ticker I wouldn't bother it unless you're going to need the money you have invested in the stock market within the next six months to a year I wouldn't look this is a pretty big correction and that the violence selling program that's going on right now but I wouldn't look and I would make sure that today or when the smoke clears on this one it does take your breath it is where you wanted to be in terms of your proposed if you have money in the market is it in a place where you can deal with a five ten fifteen percent drawdown if you can't you shouldn't be in the stock market for folks that are invested it's a good time to wait and see what happens here could be a good entry point once the once if if and when we do that here what it's that's an interesting point kind of get a bargain on offense some of the some stocks but it I was looking elsewhere in the markets and stocks are down gold was down even bitcoin and other crypto currencies are down to is it just time to kind of put your thumbs it's time to sit back don't check your portfolio we could shake out you mentioned declined it people have thought of the court as a potential flight to safety even though if there is no underlying assets can be quite but I do want to look at where people are going they're going into ten year U. S. treasuries considered the safest investment on the planet because the US usually pays back its bills the yield on the ten year which moves inversely to price is at its lowest level ever so people are flying to safety in cash and government bonds and that's why they're hiding Caleb silver with us on komo news the editor in chief of Investopedia dot com Caleb thanks for joining us today thanks for