Ask Us Anything: America's Trials
In Episode 4 of Ask Us Anything, Family Investment Center's Dan Danford and Richard Salmen answered viewers' questions regarding today's trials and tribulations that are faced by America and you as a consumer and investor.
Preliminary Remarks/segments:
- The value of the dollar and inflation today (0:56)
- How inflation will be tamed (2:20)
- Reasons why we have inflation (4:30)
- Stock Market with today’s inflation (5:50)
- How inflation plays out in politics (6:45)
- Supply chain issues – nearshoring vs onshoring (9:20)
- Ukraine War and the ramifications from the war, e.g., food insecurity (12:34)
Questions Asked by Viewers/segments:
- What is being done to protect our portfolios? (15:05)
- Has our five-year investment outlook or strategy shifted in the last six months? If so, how? (18:19)
- How do you respond to inflation? – investments, gold, cryptocurrency (22:41)
- (More commentary on what is contributing to inflation – US financing a huge part of the war) (30:35)
- If the war in Ukraine continues to go on, how will that affect our portfolios? (31:27)
- Can the Republicans win this fall, and if they can, can they do anything about our current situation? (37:10)
- Supreme Court is facing challenges like never before. How does that matter? (39:20)
- What do we have to do as a country? (41:20)
- What are some alternative investments? (45:13)
- With everything going on in the world, do you see any major changes in the tax code for 2022? (49:43)
- I have heard that short-term private health insurance is (for retirement from age 62 to 65, before Medicare kicks in) approximately one-half the cost of Obamacare, for a fairly, healthy couple. True? (54:58)
- Can the Chiefs win the Super Bowl again or can the Royals win the World Series again? (57:22)