AMA 94 - Bill Cheney of John Hancock Financial
Bill Cheney of John Hancock Financial guest stars on the American Monetary Association show today to talk about economics. Bill has been a chief economist for the company John Hancock well over the past 27 years and talks a little bit about his experience and where he sees the financial market in the future.\xa0
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\nKey Takeaways:
\n2:30 \u2013 The current unemployment rate is understated because many people have their own solo-gigs or unsteady work.\xa0
\n9:25 \u2013 What Bill is seeing in his surveys are that people are more likely to invest and feel less concerned about today's market.
\n12:58 \u2013 The stock market is not overvalued as long as company profits keep growing.
\n15:20 \u2013 Bill feels we are not a healthy economy yet, but we are a healing one.\xa0
\n21:00 \u2013 Over the years people have been able to buy more stuff, which is why inflation has been adjusted accordingly.\xa0
\n24:00 \u2013 The CPI is the best way to measure how much our lives have improved over the years. \xa0
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\nMentioned In This Episode:
\nhttp://americanmonetaryassociation.org/
\nhttp://jasonhartmanfoundation.org/
\nwww.johnhancock.com/\xa0
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\nThe $100 Startup by Chris Guillebeau