NetWorth Radio Advance Report - April 1, 2019

In this NetWorth Radio Advance Report, Spencer McGowan, President of McGowanGroup Asset Management, delivers financial news and intelligence with insights you can act on for April 1, 2019.

Advance Report

Radio Show

Powerful Interviews

One of the biggest emerging financial stories of 2019 is the dramatic drop in Long Term Interest Rates over the past year:
C.B.O.E. Short-Term Interest Rate Index & 10 Year Treasury Note Yield Index (1 Year)

-Courtesy of Bloomberg

C.B.O.E. 30 Year Treasury Bond Yield Index & iShares 20+ Year Treasury Bond ETF (1 Year)

Courtesy of Bloomberg

iShares National Muni Bond ETF (Approx. 10 Years)

-Courtesy of Bloomberg

The dreaded “inversion” this week of the 90 day T-bill and 10 Year U.S. Treasury yields stoked recession fears in headlines quoting a long standing Wall Street superstition. Why did the curve invert? What does it mean for 2019 and 2020?
The scenario for the markets appears similar to the 2012 Cash Flow panic that sent the values of many Bond Funds and Dividend Companies to multi-year highs. Very important are the strategy implications for investors during slowing growth for Equity and Fixed Income.
Join us for this week’s fast paced NetWorth Radio tour of the Global Financial markets.
Speaking of worry! It is tax time. Just so you know, if you are a McGowanGroup client, congratulations, your CPA will get everything they need in a secure document vault link with team support for their questions. In other words, we got this and you don’t have to gather anything concerning the assets that are held with McGowanGroup utilizing Pershing as our third party custodian. If you have changed CPA’s or have questions, call the office now 214 720 4400 and The Team That Cares will pounce on the solutions like a bird on a June bug
World Bond Markets with 10 Year Maturity (Approx. 3 Months)

-Courtesy of Bloomberg

U.S. Crude Oil – West Texas Intermediate Spot Price (Approx. 5 Years)

Courtesy of Bloomberg

Headline Round Up!

*Who is Buying Longer U.S. Treasuries? Europe’s Desperation in Slowdown is a Clue.
* Washington Declares They Have No Collusion with Common Sense. Investors appeared to yawn at dysfunctional infighting. This is all we want to say about that.
*”New York City? Get a Rope!” Amazon Hiring 800 Engineers in Austin, Texas!
*LYFT Price Lifted to 9.4x Sales. Get Your Share of Those Losses?
*House Price Appreciation Slowing! Your North Texas Home Up About 4% This Past Year.
*Slowing Growth Underscored by GDP Downward Revision! Implications for investment strategy.
*Oil Stalled Near $60? West Texas Intermediate Crude Price Action Appears Consistent with Producers Anxious to Hedge Production Sales Near $60.
*LNG Updates: Meg Gentle, Tellurian, Inc. CEO and Cheniere Energy Alumnus, Says U.S. Needs to Triple Export Capacity.
*Texas’ Petro EXPORT Boom.
*More Pipelines Needed!
*Saudi’s Desperate for Cash? Aramco Plans $10 Billion Dollar Bond Offering After Apparent IPO Failure.
*Municipal Funds Record Influx of Cash! Buyer Beware? Citi Likes Zero Coupon Bonds?
*Apple’s Big Announcements: What it Means for the Future. Credit Card with No Card No Numbers?


NetWorth Radio’s Dallas Business Leadership Series: Spencer McGowan Interviews Donna & Nicole Rea!

This week’s program is proud to feature a local mother daughter entrepreneur team, owners of Caring Transitions. For those of us with aging parents, Caring Transitions is a solution to bookmark for expert support when you need it most.
Caring Transitions North Dallas Suburbs is proudly women owned and operated by Donna Rea and Nicole Rea and a leadership team of incredible women. They were first office to open in the DFW area and served as trailblazers in this community. They have been in business for 8 years and have experienced incredible growth in this booming market.
Caring Transitions prides themselves on 3 core values:
1. Outrageous customer service
2. Highly ethical and trustworthy practices
3. Serving as an advocate to Seniors and the Senior Community
Out of 200+ locations nationwide, Caring Transitions North Dallas Suburbs is #2 in the country.


Research Round Up!

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*Nuveen: Inverted Yield Curve? Bear? Recession?
*Alliance Bernstein: Is Fed Done?

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