Wall Street

Longest, Not Strongest Expansion on Record

Longest, Not Strongest Expansion on Record

In a week, the U.S. economy will celebrate its longest expansion on record (or at least since records were first kept in the 1850's). As of July, there will have been 121 consecutive months of growth, surpassing the 120 months of the technology boom of the nineties. (As a frame of reference, the average expansion lasts 58 months)

Investor Greed Prevention Plan

Investor Greed Prevention Plan

Was the fourth quarter of 2018 just a bad dream for investors? It sure looks like it now. With just two trading sessions left in the month, the S&P 500 is on track to close out the first four months of the year with its best results in 32 years (1987), has rallied more than 20 percent from the December lows, and has also bested its previous all-time high!

Growth Moderates, Stocks Jump

Growth Moderates, Stocks Jump

The Dow Jones Industrial Average and S&P 500 closed out February with gains of 11 percent, the best two-month start since 1987 and 1991, respectively. The NASDAQ Composite and Russell 2000 were up 14 and 17 percent, all of which is to say that those investors who were crying the blues at the end of last year, are now feeling a bit of spring in their steps.

The Stock Market Scares Me

stock 2.jpg

This week we start things off with Rose from Seattle who was wondering what she should do with her student loan debt. Should she set her sights on paying it down, or just make the minimum payments?

Next up was Cindy from Texas, who admittedly is freaked out by the stock market and wants nothing to do with it. What options does she have?

We live in an era in which successful organizations can fail in a flash. But they can cope with change and thrive by creating a culture that supports positive pushback: questioning everything without disrespecting anyone.

Nigel Travis, executive chairman and former CEO of Dunkin' Donuts and Baskin Robbins, and author of The Challenge Culture: Why the Most Successful Organizations Run on Pushback, joins us on the latest episode of Jill on Money to explain how.

Nigel Travis has forty years of experience as a leader in large and successful organizations, as well as those facing existential crisis, such as Blockbuster as it dawdled in the face of the Netflix challenge.

In his ten years as CEO and chairman of Dunkin' Brands, Travis fine-tuned his ideas about the challenge culture and perfected the practices required to build it. He argues that the best way for organizations to succeed in today's environment is to embrace challenge and encourage pushback.

Everyone, from the new recruit to the senior leader, must be given the freedom to speak up and question the status quo, must learn how to talk in a civil way about difficult issues, and should be encouraged to debate strategies and tactics, although always in the spirit of shared purpose.

How else will new ideas emerge? How else can organizations steadily improve?

Have a money question? Email me here.

Connect with me at these places for all my content:

https://twitter.com/jillonmoney

https://www.facebook.com/JillonMoney

https://www.instagram.com/jillonmoney/

https://www.linkedin.com/in/jillonmoney/ 

http://www.stitcher.com/podcast/jill-... 

https://apple.co/2pmVi50

"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

Investor Panic Prevention Plan

Investor Panic Prevention Plan

December has been a rough month for investors, the kind of month that makes even the most battle scarred veterans’ hold their breath and hope for a sign that the worst is over. Sorry to say that there is never such a sign, which is why the saying “they don’t ring a bell at the top or at the bottom!” came into being.

Shutdown V3.0 Ushers in NASDAQ Bear

Shutdown V3.0 Ushers in NASDAQ Bear

Welcome to the third government shutdown of 2018! Did you forget about the first two? In January, there was a three-day closure, and then in February, there was the one-day sequel. In both of those instances, investors shrugged off the news and stocks actually edged up during those days-long shutdowns.

CBS This Morning: How Does the Rate Hike Impact You?

Short-term interest rates are higher after the Fed raised rates Wednesday by a quarter point, to a range of 2.25 percent to 2.5 percent. It's the fourth rise this year and the highest level since 2008. The Dow closed down almost 352 points after the announcement, the lowest close of the year. How does the rate rise impact Americans? I discussed on CBS This Morning.

Have a money question? Email me here.