AMA 94 - Bill Cheney of John Hancock Financial
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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
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