BROADCASTS.com

On this episode of the Planned Solutions Financial Review Podcast we discuss, how the trade war has become an interest rate war. Many countries have responded to US tariffs by decreasing interest rates in order to reduce the value of their currency. A lower currency value makes their exports less expensive which can help to offset the cost of the tariffs. Meanwhile, trade deficits and surpluses tend to persist. This is the reason trade wars escalate and can last many years as one country acts and their trading partners respond accordingly. And, Charitable contributions dipped by 1.7% in 2018. Some speculated that the changes in the tax law would cause charitable giving to drop sharply as many taxpayers would no longer receive a tax benefit for making charitable contributions. However, the decline is fairly small, especially given that global stock markets declined in 2018 which historically has been correlated with a decline in charitable giving. Also,A survey of professional stock fund managers shows that they are the most pessimistic that they have been since the financial crisis. Approximately one-third of fund managers are underweight equities and the average cash holding has increased to 5.6% in actively managed stock funds. This may be an early sign that the fear of an escalating trade war or the risk of a recession on the horizon is causing investors to pull back on their stock holdings. Plus a look at the Planned Solutions Incorporated Office Bulletin Board- Chase has been the President of the Rancho Cordova Rotary Charitable Foundation for the past four years. The Foundation provides scholarships to high school students, grants to local organizations seeking to fund community projects, and in-kind donations to the local food locker. Recently, the Foundation announced that it will be funding five grants this year as a part of its Home Town Hero Grant totaling more than $11,000 in total. The Harlan D. Wood Memorial Cancer Charity Golf Tournament is just three months away. We hope you will sign up to attend or support the cause by donating to a cancer charity of your choice. Date: September 6th, 2019 Location: Rancho Murieta Country Club – North Course 7000 Alameda Drive Rancho Murieta, CA 95683 Time: 9am shotgun start, 1:30 barbecue All profits go to cancer research and education. You can help by attending the tournament or donating. Not golfing? Bring friends and attend the BBQ. To subscribe or unsubscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast) please e-mail Katie@PlannedSolutions.com The Personal Finance Review is published and distributed on a biweekly basis by Planned Solutions, Inc. for informational purposes only. Please seek the advice of a qualified financial planner before taking any action. Planned Solutions, Inc. ADDRESS: PHONE: 1130 Iron Point Road, Suite 170 (916) 361-0100 Folsom, CA 95630 (800) 750-2111 E-MAIL: FAX: Shannon@PlannedSolutions.com (916) 361-0191 WEB SITE: www.PlannedSolutions.com #finance #invest #investment #stocks #interestrate #bonds