30 or 40 more years could happen packin help you get on the right track toward retirement as you need to protecting your Nasdaq patterns help folks with their retirement planning over 30 years and Associates has offices throughout the Bay Area. Call for a complimentary retirement plan review 804728305804728305 or check don't invest and forget dot com and associates 804728305804728305 or go to don't invest in Forget dot com securities and advisory services offered through N.B.C. Registered broker dealer member federal P.C. . You tap the audio W O Santos a San Francisco Bay Area's business leaders service still a few. Fox Business Network stocks open flat after another round of corporate earnings Walt Disney shares open lower its overall business improved in the recent quarter though it continues to lose more E.S.P.N. Cable subscribers Disney's preparing to launch its new streaming service next year Tesla shares opened down about 2 percent its stock rose yesterday after its C.E.O. Tweeted that he's considering taking the company private drugstore chain C.V.S. Is reporting a stronger than expected quarter and it's planning a service that will let you diagnose medical conditions with a smartphone app and tele dock C.V.S. Shares opened up 5 percent Amazon parent company of Whole Foods Market opened lower Whole Foods is starting a new service that will let you order online and then pick up your order at one of its stores with the Fox Business Report I'm getting. They are pretty. Slow downs continuing in this area by Clarke pest control for still very slow from just after summer's bail out to Willow pass. Monument down to around 10 again in Pleasanton approaching burnout you just pass an old Boulevard West 580 also heavy getting out of San Leandro from just after Estherville and continuing to grand north 80 lots of bright lights to 38 to fit the market arrows from just after 92 continuing down to around Mission West 80 on the freeway solid slope from just before Richmond Park way into the maze of the cemetery bridge flow from the toll plaza to one A one and West 84 on the slopes from the toll plaza to get a versity family owned since 1950 find out today why thousands of homes and businesses trust Clark pest control no matter what your pets problem is Clark can help visit Clark test dot com or call 1800 we need you that's 1800 we need you I'm Paul Maxwell with traffic on AM 1220. Savvy investors know where to find the best possible investment advice and according to the financial experts at U.S. News and World Report one of the best contrast is when growth am 1220 K. D.O.W.'s home ROB BLACK IN YOUR MONEY weekday mornings it's now you can take Rob Black with the in your car on your computer or on your smartphone Black Jack ranked one of the top 10 financial podcasts by U.S. News and World Report plodded on i Tunes sports bra black dot com Hi this is ROB BLACK BLACK IN YOUR money over the years on my radio show I've heard from people like you been burned by buying expensive and wrong financial products from people that don't have your best interests in mind naturally I've developed relationships with people in the financial industry you can trust so if you need a new home or reef mortgage or reverse mortgage if you need insurance like home on the B.L.Y. For commercial or maybe you need a financial planner get in touch with me and I'll give you a trusted financially for all. The trouble at dot com It's Rob ROB BLACK to come. On Aug 10th get ready for a comedy bit off the leash to newcomers and here are doing a party remain dog I would say that bouncy house is amateur or lonely strangers to discover and it's a man's best friend Phil says food is your dog Craig just super fast are the best match makers open their hearts to love and to be with. The firm these days in theaters this Friday. Morning shark sighted in the water there are a lot of warnings you could miss on your own especially when it comes to your identity and devices good thing New Life Lock includes Norton security for more detection and more protection no one can prevent all identity theft or cyber crime or monitor all transactions and all businesses but life lock looks out for threats to your identity in Norton protects against online threats Join now and get 10 percent off your 1st year plus a $25.00 Amazon gift card with annual enroll mint just go to Life Lock dot com and enter probably code smart terms of. Hey Dave you're in for golf this weekend I can't promise to find a plumber to fix the same in a painter to paint just use Angie's List doesn't that cost money not at all it's free to find froze in your area who can do the work you can even read ratings and reviews from other customers what about roofing pros Angie's List as pros for everything and the same time they'll even match you to the best pros for the job all that's awesome looks like I'll be able to play after all find the best pros for your next project at Angie's List dot com Have you ever wondered of a banks make all their money and want to be on the bank's side of the deal at Pacific private money their clients do just that for almost a decade clients of Pacific private money have consistently earned high yields on their investments earning returns of 7 and a half percent or more secured primarily by California real estate that can. Servitor values as most baby boomers know it's important to earn consistent above market returns on their savings and retirement accounts high yield alternative investment strategies like Pacific private monies mortgage backed investments might be just the thing you need to boost your and join the thousands of California residents who have learned one of the best kept secrets in investing for more information call Pacific private money at 41532150 that's 41532150 or visit their website at Pacific private money dot com All investments have inherent risk to the market fluctuation and your individual results may vary based on the investment the station does not guarantee nor indorse any investment or investment strategies. Make Burlington stores your back to school headquarters and save up to 65 percent off other retailers prices every day choose backpacks lunch bags plus casual looks and basics breathe easy you're ready for the school year Burlington style for everyone. The views and opinions expressed by Rob Black and his guests are not necessarily those of the Wall Street Business Network this station its management owners or advertisers and should not be construed as legal tax or investment advice always consult with the appropriate advisor before making any investment or financial planning decision. Insightful. Irreverent where ready Wall Street business network presents ROB BLACK AND YOUR MONEY your source for breaking news market updates and successful investment strategies for the 21st century I think a great pressure getting you to retirement in today's market so let's get our to show taxes family finances insurance the economy technology media and entertainment talk at 805-1612 look at that have some fun now to start your day with the latest news market commentary Here's Rob Black on the screen business now. Good day and welcome in the world like your money talking all things financial money investing in more. I mean the type of guy that I see a situation I think money. It's kind of sad Tesla C.E.O. Tweeted out yesterday that I may go private like all the shareholders who are with me to stay but I may go private and I have the funding to do it for 20 dollars a share now be awesome for Teslin one reason it would allow Iran must to be the evil dictator that I think he has while he's planning to make a space ship going to moon and blow it up he would have to talk publicly more taking Tesla private would mean no more equity funding issues he says wealthy friends the money to keep Tesla moving forward and share profits with them no more pesky questions for Iran mosque from analyst he's not exactly Ben How shall we say the friendliest the media. Doesn't short sellers would feel the pain if he were to heat shorts people are short say I think your stocks are down so they do is they sell it now with idea of buying it later lower it's kind of an odd concept of that's how you finish off the trade so you have to sell it for close to 0 hopefully you sell at one penny if you're short but that's a short sellers would feel pain Tesla not my kind of company because this exact thing where I think it's actually illegal and I know he's being looked into oh to go out and say a sucker I own a lot of I may buy it out for $20.00 a super premium for just a back and if it doesn't raise cash and some shares here like what I say now 805-1620. Teacher calls in the area which went on to talk about today we're seeing the markets. A little bit lower but nothing terrible. So it's it's kind of the tail end of earnings season so we're kind of saying goodbye to that. Earning season last every 90 days ago for about 3 weeks of solid earnings and there's some that trickle in before and after but it's an exciting time of the TO TELL THE TRUTH time so as we move away from earnings and say wow I wouldn't quarter tax cuts or help in economies chugging along unemployment slow research talk about tariffs again. China now it's 25 percent tariff on $16000000000.00 of U.S. Goods elsewhere out there. A lot of analysts are very cautious on the markets saying that leadership by defensive sectors along with lower revisions for the mighty tech sector in general weakness in growth stocks are risk factors the Met mood the market that we have moving us higher I'll tell you one area that I'm concerned about and this is a good one Warren Buffett has a lot of cash record level of cash he's usually pretty good about finding something to buy and the more cash he has the more you know. What up with that remember 3 D. Printing and how sexy and great and fun that was going to be this week there was a story about a guy who selling plans for Build Your Own 3 got. There some a D.V.D. 3 D. Printer company it had kind of a sexy play and then it didn't fit the story of 3 printing was kind of sexy in that it wasn't I've seen a cap made for your tooth I think it's called veneer something like a crown and it's pretty cool and you cut the lab out and the cost of making a. Marble to put in your drops enormously for lack of a better word a she would marble maybe even stronger than Mar All right. Avis Budget. All the car companies all but all the car rental companies merge with each other the down 7 percent car rental firm. Was OK but aren't they kind of suffering from peer to peer and lift movers out of business people saying no to the rental car no to the taxi Yes they were left C.V.S. Health is up 3 percent pharmacy giant earn a buck $69.00 on $46700000000.00 but C.V.S. Is going to that issue next couple months next couple years of when does Amazon start taking their lines has a lot of the retailers had something unique and Amazon. Now or $100.00 album sort of flies in the news they're up 8 percent photo service company. I'm in the process of trying to consolidate 10 years of photos of anyone have any way of helping me let me know but obviously a lot of editing of these photos because how many pictures of a dog need with a stick in its mouth on the same beach you're trying to get the perfect photo of the dog or smiling and never happens right so you take 10 more shots you like Manhattan that up warnings aside right now investors and kind of shrugged off worries and that's good little back and forth rhetoric from Chinese companies and Chinese stocks has possibly created some values in the United States be that terrible terrible terrible man Papa John's. Should we call him Papa John or is that too creepy that's starting to climb up there in the world of creep in my opinion. That stocks off big ideas so the selling not the greatest piece of the world or I can tell you in the last. 10 to 12 years companies like Domino's Pizza have done great because they're kind of recession proof they sell dough tomato sauce cheese pepperoni. Well so that for $1314.00. Cost is 25 to make. Not too shabby or so. Large companies tend to be covered by more analysts small companies tend to be under followed So you see becomes like Amazon and Apple everyone knows them but how about companies like J.C. Penney or maybe even a Pfizer who's not small in the least bit but we're not talking about them recently right so sometimes you want to buy stocks that are off the beaten path something you want by smaller companies sometimes you are by the big boys it's OK to have a stable of different types of investments. You don't have to have a massive home run or so they call the Russell 2000 and next it tracks smaller companies companies with the average market value is just about $2000000000.00. And because they're smaller people don't follow me like Papa John's stock is down 46 percent in the last year now their piece is awful their C.E.O. Is awful he's leaving the company now and I don't know that's alleged that he's awful I should be quiet my mama said Mom always said. He stepped out as the C.E.O. As December and chairman last month the N.F.L. Strikes not helping at Papa John's a couple stupid things. And that has created a situation where it's cheap upsides about 30 percent from current levels so sometimes you want to look for these opportunities. But sometimes they're also difficult for instance there's a company called kero pharma peer symbol P.T.I. Their development stage drug company test in treatment for multiple myeloma a blood cancer now if they hit a home run if they miss it strike out for small cap company. You're talking about. Could go up 50 percent with a positive trial. But again it can go down 50 percent with a weak trial on their blood cancer multiple myeloma drug I mean what that is that's when you start getting in over your head you may be better rocket scientists biotech engineer than me. A. Fish out. In the 2nd lane from the left. The radio towers to university. Is from. A little tale from. 238 in. Sustainable pokies to he's so. Beautiful presented on a. Table into a party. With . Hundreds of. Are you drowning and. They have the power to. Put liens on your property. If anything find out about the Fresh Start program that is now available through civic tax relief civic tax relief special tax hotline can help you discover all the relief programs available for free I would recommend anyone who has a tax problem for crack really just call 806017780806017780 Don't wait Call now 806017780806017780. Savvy investors know where to find the best possible investment advice and according to the financial experts at U.S. News and World Report one of the best podcasts is locally grown am 1220 K D O W is home for ROB BLACK IN YOUR MONEY we came mornings at 7 now you can take Rob Black with you in your car on your computer or on your smartphone with a ROB BLACK daily put on it's great one of the top 10 financial podcasts by U.S. News and World Report Why didn't I to explore it Rob Black dot com Hi this is Rob Black from my black in your money over the years on my radio show I've heard from people like he'll be been burned by a buy an expensive and wrong financial product from people that don't have your best interests in mind naturally I've developed relationships with people in the financial industry you can trust so if you need a new home or refined mortgage a reverse mortgage if you need insurance like home automobile life or commercial or maybe you need a financial planner get in touch with me and I'll give you a trusted financial reform all email me Rob Rob like dot com It's Rob Rob Black dot com. Let's face it we love Alexei and we love to let her find your favorite radio station this one of course but she could find us easier if we taught her a simple skill to get started simply say Alexa enable the M. 1220 K.T. And only a skill after she confirms you can then say Alexa play him 1220 Kato Kaelin that's all you have to do intellectual learn how to find it so you can listen to it so your Amazon echo echo show echo got an Amazon tab devices Alexa What's your favorite radio station that's a AM 1220 K. Dio W. I'm Jessica Edinger c N.B.C. Major indexes are mixed the Dow is down 19 points but the Nasdaq is higher it's up 11 points the S. And P. Is up one point American cars and oil both on the list of newly taxed exports to China China announced this morning that 25 percent tariffs were being put on $16000000000.00 worth of goods that U.S. Companies make and sell there a win for unions in Missouri voters rejected a right to work law that would have banned mandatory union fees and workplace contracts they are insurance companies mobilizing in California as the wildfires have become the largest and possibly the costliest in state history 41 months in prison for the head of a company that sold made in America boots to the military 66 year old Vincent Ferguson of Knoxville Tennessee had workers at his welcome enterprises read about rip out those made in China labels see N.B.C. And those have a so. We're making more usual sense of your portfolio back to get your money on the approach when he came out of it. So I grew up loving am already on F.M. Radio I used to listen to hockey on radio and it was magical. But at the barracuda in the sharks coming up. I think radio play by play is kind of all that in a bucket of chicken so I want to Cajun I want to copy morning radio shows I remember growing up that always have the drunk show where they bring in a bottle of alcohol and do a shot every 5 minutes 10 minutes sometimes with a cop there that you know bright light and show you how easy it is to get drunk sometimes it's just for you know giggles. Trying to get the traffic. Lady to flirt with the D.J. And do a little drinking and I always thought they would be fun to do on the show right talking business but I'm going to do it but now that marijuana is legal there but no didn't know the best part about it would be to hear me do a segment on biotech stocks. I just talked about care Kerio pharma Kerio pharma therapeutics OK got therapy about now there's a company that kero like. I'm all for I tell you that speaking biotech terms is a company that is fascinating to me and I've been studying up on them recently called opt in O's ticker symbol 0 pm and again when I read it I said I'm drunk so what it's like if I was drunk. Would that smooth me out and suddenly I'm like. A virtuoso Probably not but Optimus is and there used to be a kid knows opted out. And like working for $30.00 stock I've been reading the reports on the Kompany and they've got a drug called expanse now OK optimism got the meaning ex hands I got and then I got what they're treating chronic cool Rhino sign each status with polyps and use Titus sign you cite us OK so not so much no that's not horrible chronic chronic Rhino saying you cite us with polyps That's the bonus the polyps and I can get the shortened version of a called C R S chronic Rhino sign in Titus Oh I just did it it's being characterized ultimately as a disease that causes a nasal blockage and OP You know this is a company that has a delivery system which looks like an inhaler but it's better described as an X. Taylor were brought from the patient's mouth propels medicine into the nostril and that's the ideal part of the nasal passage where you brace typically don't go. Companies valued about $900000000.00 So it's a small cap company currently loses money but it could turn $100000000.00 of profit by 2020 tell upside about 4550 percent based on on. Excel spreadsheets on financial projections and is that something that you like your me talk more things along those lines there's another small TAC company and everyone like small tech companies come to trades at 8 times earnings Wow that's cheap right market trades typically between 12 and 2015 is a pretty that's OK we feel comfortable that it's a growing economy we can go as high as 20 when you start getting P.E.'s of 21 who are very you're setting yourself up for price for perfection but you're getting down to 101213 years to get into finance from banks kind of value proposition so this is a value tack a small cap play revenue growth space be 7 to 12 percent year over year for next 3 years that's not bad it's not great but it's serviceable help is that exposure to set top boxes and a time when cables are pins are at risk of losing long term customer defections streaming services heiress international now that you say. Oh I used to have a modem by those guys it was awful they do a lot of those kind of thing with modems and set top boxes are adding features to set top boxes like voice control wireless connections ability to stream to tablets and phones and help cut kill companies stay competitive but down the road when they sell that division to another networking company maybe they've got a division there that's of no interest it's not a fool's game there's some value when it's trading for only 8 times earnings because they're earning money and they're growing their revenue but it ain't sexy it's not the X. $80.00 X. Box set top box with a lightning phasers innit. It's kind of a boring old you've got a cable company you don't really need super fancy looking for the product and that's the company that the cable company we use heiress that's out there now again is it the world of magic is it Disney no is it Apple No one music group sold their stake in Spotify that's fascinating to me. The whole music streaming HOW IT CAME IN LIKE A WRECKING BALL industry almost left for dead by some or music sold its entire stake in Spotify according to a report by Variety the sale realized 504000000 and 126000000 would be given the label artists so. I would want to music sell their stake in Spotify although I am a fan of stock of Apple I own shares of Apple that's kind of interesting because if you look at my phone I'll use Apple music even though I've been told that Spotify is better but I don't really look at both of you know I'm saying Disney is going to come out with Star Wars Episode 9 next year so what is that 121-314-1516 months we have to wait to see how the the sag and. The SAG a space Sacca I guess we could probably call it that but Netflix is one of those companies that E.C. a Small cap company used to be a mid-cap company they got to a large cap company and everyone wishes they would have bought it when they're a small cap company for Disney says how can we compete with that we want the kids eyeballs we've had those eyeballs since 1920 We've had those eyeballs since Cinderella. If Rob jokes around and says you know a guy I met a girl on tender and called her tender out they may sue me for using the terms too close to Cinderella Barry sue happy company. If you're a little. Pre-kindergarten preschool and you put up a Disney mouse you darn be well and ready to litigate because somehow they're going to find out about it and demand money I like that in a company the meaner they are the better Avengers infinity wars or the debt or the not dead that's the question you have to wait for the next one to come out next year the incredibles 2 set records I was like the 1st Incredibles but then I got old and I still I guess like there are good Pixar film you can get me crime. Sat so does is going to try to take on Netflix with the streaming service now Disney is old and boring Does this make them young and sexy or are they still old and boring dressed up as young and sexy thing I love about Disney is they would be able to stream Disney films Pixar films Marvel fold Lucas Films National Geographic which they're OK it's been a while since I've seen an alligator wrestle him and me him which he doesn't love that. But the slate of movies coming out for Disney and in parks. I've been to a Disney park you know expensive that is. It ain't cheap I like is if the long term patient Buster keep an eye on shares at Disney but I played on it for 100 years until they finally let Cinderella out of the he locked up basement and. I don't have technique to free some. Money investing the more. You work 20 radio traffic accident. In the space. Others Against Drunk Driving one just after the airport a $3.00 to $4.00 vehicle accident everything is off to the shoulder However traffic backed up very heavily to Highway $92.00. Past the airport but watch out for the usual slow down from before popular to just past Hillsdale in again from Woodside down to Palo Alto in the mean time to 80 remains out the speed limit West 92 slow for the same bridge from just for the toll plaza to 101 West 84 slow on the Dumbarton University. Heavy going from 92 down to Mission and north then heavy just after 238 to 15 Barket arrow for victims of drunken drug driving their grief is unique but you are not alone it is here to help 24 hour victim helpline at 877 that help or visit mad dot org. I'm Paul Maxwell with traffic on AM 20. Genius about money I love my credit cards and they love me I was using them as a source of income and then I got behind in my payments and creditors were calling I think I had a problem and I didn't know how to deal with it I heard about Trinity so I called and talked to a counselor in half an hour we worked out a plan. A lower interest rate getting out of debt if you are in an endless cycle of paying on credit card balances that never seem to go away then get ready for a toll free number that will put you on a path to financial recovery trinity will consolidate your accounts put a stop to late fees and overlimit charges reduce your interest and possibly improve your credit score you'll save thousands if your debt has you down we should call 180-990-6976 that's 180-9906 now. 76 Call 180-990-1607 extension 6 let's spend a moment and talk about real estate and investing with Markov and Edward Brown Opus ific private money dot com and the best of investing Herb Saturdays at noon and Mark when we look at the properties that are being invested in are they outside of market where they located 90 percent of our loans are made here in California we do have some regional diversification outside of California but we're primarily California based regional lenders in terms of the properties themselves are they majority single family dwellings we have a mixed bag of loans in our portfolio but 75 percent of the loans in our fund are single family residences that seems to be where the highest demand is and typically are borrowers looking to close quickly and we can accommodate that Eve talked about some of the positive impacts that alternative finance providers like Pacific private money have had on our communities and essentially helping people obtain the dream of real estate ownership when other methodology perhaps might elude them elaborate a bit more on that if you would mark while in the Bay Area home buying has become extremely competitive and cash buyers have been the ones getting most of the properties so we help families compete with cash buyers by giving them a loan that can close in a week or less or sometimes what happens is that someone owns a house and wants to buy another house but the bank won't qualify him for 2 houses they don't want to move twice so we help them purchase a 2nd house and in the meantime go ahead and sell the 1st house there are many situations where bank financing just can't accommodate sometimes its speed sometimes it's a glitch in the credit report sometimes it's because they recently changed jobs were a Plan B. When plan A which is a bank or conventional financing is not an option so if folks have questions want to go deeper How do they reach you 415-883-2150 OUR WEBSITE IS Pacific private money dot com All investments have inherent risk to the market fluctuation. Your individual results may vary based on the investment the station does not guarantee nor indorse any investments or investment strategies. But. He's welcome is it Roy Black on line at Rob Black dot com Now back to Rob Black in your money on E M 1220 K. Dio devil. I'm not kidding my own horn but I am a parea. Treat a lot like rice a roni There's Rob lack. And I'm the best little kept secret in getting your retirement and I'm not trying to sell you sexy Imperial I'm not trying to anything like that but back in the day when tech was all the rage I talk about tech being all the rage and I'm good like that in that sometimes as I'm an aging I'm showing you my aging issues as well I more think about I've had a great career I'm pleased that ends today I'm thrilled I'm more about thinking about what I do from age 60 to 100 and more importantly what I would do from age 50 to 65 while I could still enjoy doing things I look at family members who are somewhere around 70 things start going bad heart problems I have problems back problems have problems so hopefully we all grow together 2 companies that I like or one sector that I really like are regional banks and I like it when insiders buy it because bankers aren't stupid and I use this example a little bit too often you probably think I'm an alcoholic but I'm not. Although I did like the 1950 S. Disney cartoons black and white that would just create maybe forty's that were just creepy and you'd see characters in that like Al See holic for he was Alan fast team. Nick time. But I'm digressing. So I like regional banks because like I said they're not stupid you walk in your little on the if you don't you side and sound like oh I'm from 200000 dollars one for 2200000 dollars Black homo guy I want to Mugabe now because I thought my neighbor the Mugabi And if you must live in a nice neighborhood Mr might but you can't afford 200000 dollars I'm sorry please go away you're drunk that's how things work now before they do that they'll take a look at my how much money I have what my credit score is how every part of it got to before I have ever failed on a car payment or a house payment if I ask for house money maybe they'll say Yes I've never felt I would have asked for car money maybe they'll say no you tend to like to drive fast Mr Black you wrecked these cars banks hurt stupid I saw it states your make I select 1st rising nationalist like Live Oak bank shares to be now I like them because they're in the south and the South Shall Rise Again NO NO NO NO NO NO NO NO. They're in the south and that's where people are moving that's where the housing is cheapest Wilmington North Carolina Memphis Tennessee Raleigh North Carolina Allana Georgia if you look at the housing numbers in the jobs it's stunning how much building is going on in the South I know you're saying well yes but I don't want to admit that because I've never been to the south very California response from Yale but I like the regional banks that do business and sexy and hot regions like the cell going all the interceptor are different it's a work of visor take a look at that asset value pick up a book value take a look at the type of customers that are in loans to like if you are to do a loan if you're to buy a bank in Mississippi that may scare me a little bit more than North Carolina because where Mr Period buying what bank. And Mississippi's way different economy in Alaska I like anything close to land I can think close to Charlotte I like anything close to Raleigh He says it's too hot for me I like anything close to Austin I like the universities and sometimes you get into a situation where I don't think you know when there's going to be a lot or I don't think anyone ever said I would miss upstage great college ever never heard that one I hear they tailgate pretty darn well but I've never heard great of college ever you see one of them so Mississippi is one of the states that I probably want to buy a regional bank in because I haven't found the sex appeal I haven't found the draw that people are moving there and I've been haunted by a misstep in my whole life to learn how to spell with 2 Southern parents it was a mockery let it cook let it cook let our hunchback let a hunchback. And that's how he figured out how many asses and peas there were and it was for crooked letters and to hunchback letters I know you're saying Please move on Rob You lost me at hello fair enough so I like regional banks especially in higher interest rate environments I don't think we get to a higher interest rate environment we're going to 5 percent some people are going crazy like that small cap company that I like still a company called Etsy I think they've got a lot of growth as the anti Amazon Amazon sells everything cardboard everything plastic everything you could ever possibly want but let's say you want to 100 foot hose on Amazon they got it let's say you want to hose that color painted pink and has a little blood vessels in it so it looks like it pumping blood while your water in your yard at sea has that because only one person the world wants that and someone's made it and is trying to sell it so that's cute right. At seeing last long as a private company they could but I see someone acquired them. You know TOO CUTE of a platform 805122 calls on the air there have been bear country. There's a lot of Wall Street not fun there's on Wall Street in some markets down 20 percent it could be a bear market it could be a bear stock where you saw Facebook fall 20 percent because of privacy issues it's a bear territory but it bears can hear you say that's very very very if you please never get out or carve you see a bear. Or a moose will anyhow anyway snap numbers were not good again augmented reality is it is it kind of overblown how the teenagers kind of Pete it's tough to monetize teenagers talk and that's a lot of snap this Michael Kors. Case our ass clothing designer and apparel accessories this kind of kind of comes in fashion goes out of fashion if I'm going to buy a fashion stock typically it's like a Ralph Lauren which you've seen that stupid guy playing polo at a horse you've seen that monogram go from P.P. Time to it's half the shirt back to teeny teeny tiny and I'm always the guy who buys the wrong cycle so I get the teeny tiny tiny one and I go out and all my friends have the big Ralph Lauren massive logo threequarters the shirt and they mocked me but I got my shirt I have prices about last years. So I think it's a brand it's a given that Playboy bunny the black background with a white bunny that's a brand that's a logo you slap that on a shirt and people like cool your replay boy same thing with Michael Kors the same thing with Ralph Lauren Polo So there's something to that and you know Playboy Enterprises was publicly traded for a long time and the Internet started even in their business model. So they kind of just when the license of the bunny. You put that on a. Slot Machine in Vegas and some guys will go That's right ladies play in the Playboy slot machine. Not knowing that that's not the magical words people want to hear or ladies Jimmy chill is part of Michael Kors. Jimmy Choo. And they make shoes that are $400.00 plus dollars Margins are encouraging So Michael Kors. They could make a wholesale thing OK with course. You know if that would be more of a trade for me it's actually got forever maybe can find it in a trading range feel comfort with that apple at this point in time what we're kind of learning is that they don't make the phone die in 3 years but it feels like the phone dies within 3 years so their hardware business has turned into a subscription model. We've talked about Netflix being so powerful because it's Christian model Cosco so powerful because subscription model Cosco actually tell you how many dead people still have active cards with them it's that kind of popular and now you know you can buy coffins at cost and they're actually a pretty good deal if you're coughing type person me personally. I've been collecting making shoe boxes heist one should be chopped up and buried in the backyard with my head to stop so that I reckon to grab and run around the house and scare the family that's me so there's very few retailers I'll actually want to own . Because I think it's a tough business and it's dominated by Amazon and coming like niches their niche as far as fashion is that's a little bit more tough to tell because as you grow you're going to try to convince your daughter that the the white pants that she had that were ankle biters in 7th grade that now that she's in 8th grade they're now capri pants that 2nd a fly just because she got taller and leg year doesn't mean you can convince her the same pants are just different fashions. And it's interesting you know because I was talking to a professional person yesterday and she talked about prepared and I said you know how much money I made of preparedness capri pants pant size pants as pets Izzy's pets X. . I mean a lot because I hit gap the year that they were selling to previous and making Drexler he called that fashion and everywhere you went on the East Coast I was living a lie because this point really young but everywhere you went he talked prepare us now I could have said let's ride that trend the end but I'm not a good fashion guy I wish I was I'm not. So many now I'm a Black Hawk in all things financial money invest in a more today was little bit stock heavy tomorrow who know was maybe more theory maybe more insurance you tell me drive me about Robert or about Show dot com We talk about trends protein packed ice cream I know you're saying how to turn it how do I invest that my show is coming up in they've got a long term investment who to marijuana I was going to marry one of us would. Have done it because an investment. How do you. I pick my trends very very cautiously and I do a lot of demographics 1st and foremost. Talking money and ask him or. Show you to run the show. I. Am 20 K. D. O. W. Traffic flow downs continuing in this bay area Dave Melton Mike's pizza West 92 slow for the cemetery a bridge from the toll plaza to one o one quest 84 on the slopes from the radio towers to university one slow going from before poplar to just past Hillsdale then Woodside down into Palo Alto north down heavy from before 3rd up to Milbury Avenue in earlier accident at the airport that's been cleared westbound 80 on the East or lots of brake lights from just before stamp out the avenue into the maze westbound 580 flows from Highway 13 to just past grand and north 84 Hagen Berger to get the market arrow south down heavy in stretches from a street to Mission stop I'm not makes pizza for their all you can eat pizza and sell it lunch buffet for under 10 bucks delicious pizzas freshly cooked vegetables and homemade salad dressings taste the difference it makes pizza weekdays only $11.00 and $2.00 plus tax drink at participating locations I'm Paul Maxwell with traffic gone am $1220.00 you. Savvy investors know where to find the best possible investment advice and according to the financial experts at U.S. Every business needs great people and the better way to find something better than posting your job online and just praying for the right people to see it zipper crew to revolutionize hiring their technology finds great candidates for you no wonder It's no secret that the wealthiest people in the world use real estate to become rich for almost a decade clients of Pacific private money have consistently earned 7 and guarantee nor indorse any investments or investment strategies. I'm Jessica Edinger see N.B.C. Major index is there mixed kind of flat as well the Dow is down 31 points the Nasdaq is up 6 points and the S. And P. 500 so close to a record high it's sitting unchanged American cars and oil are both on the list of newly taxed exports to China the trade war is on China announced this morning 25 percent tariffs were being put on $16000000000.00 worth of American goods that U.S. Companies sell their C.V.S. C.E.O. Larry Merlo defended the discounts it negotiates with drug makers the company keeps 2 percent of rebates but returns the rest to its customers he says hostess shares down 17 percent ticker symbol T W N K for Twinkies on the lower outlook for profits a Dairy Queen in Canada is offering free Blizzard's for a year to the person who can figure out the source of a mystery smell at the restaurant the owner says it's been there for years it's in Calgary on this episode of. The. Visit to go. Back to Rome get your money they were 1220 K.T.O. W. That sat his. Camera Black thanks for listening to the show. Every question is a broom up 805161220 it's 805.61220 to each call on the air in the one time I would talk about hopefully don't get me into too much trouble but. I've been known to venture into advice on expensive. Children they're expensive. Hot sexy cars they're expensive. Mate those you know it up pretty wealthy. But that's not very family friendly of me is it. Anyhow 805-1628 calls there at 805 and 620 it's called on the air let's take a look at some of the stories out there today and see if anything makes any kind of sense anymore because I'm David a basis of questioning what's going to go on in this market. You know have a little lunch yesterday and you see that the case against Paul matter for it's kind of ratcheted up and I'm not political I'm not I find that you would turn the show off a very very quickly if I was. But what is interesting about it to me is clearly could bring down a president but what happens you bring down a president it's the ultimate uncertainty. Like your like who has nuclear codes What if he launches the nuclear codes on his way out what if a Democrat takes over and takes office his mask and it's one of your Putin so anytime there's that kind of demon unknown what's going to happen when there's money involved a lot of people go I'm going to pull my money aside and I'll wait for the next bus I've ever been on a bus in trouble gets on you know like I'm stepping off and in this case it may be a very large human mean who smells of fecal matter and lack of shower and a little bit more fecal matter maybe a little manners tail doesn't smell good. Of you for those of you who matters on a hot day and bridges but you see that get everybody like I want to get off that kind of happens on Wall Street tell some of the headlines now we're going to start moving out of earnings season Disney had a good earnings season you know their parks and recreation or parks resorts put in 5190000000 in sales the film business put in 2800000. I think at some point in time I'd like to see and I know this may or may not happen and now it's kind of crazy a lot of people want companies like Apple to go out and buy. Netflix we could have them for a song and I'm so now they're running like Oh there's your buy Roku get Roku all you can. Because then you have the distributors Apple's not Apple is there but they're not quite there in distribution of T.V. Content and. If you imagine Disney and Apple getting together. I know this is the coolest part about my job is that kind of stupid speculation if you get a deal mortgage your New York Congressman charged with insider trading. Surprised that China's going to slap more tariff on $16000000000.00 worth of U.S. Goods is this for real or does it all magically go away right before an election where everyone walks away saying were winners refinancing applications fell their lowest level in 17 and a half years I've got 4 properties me and I don't have a desire to refinance I did and I've done all my refinancing the last 3 years so lower cost of my new home and I start a new home at home new homes good homes declined her near 6 month low. That's a big one you know in 2000 we're doing loans for people in deserve the men would just charge more so not only does they not deserve them but the rate was higher and oddly enough when they didn't deserve them because they have the an income it's not that you know for any other reason than deserve it it's just the income is what I'm trying to say when they kind of had a shake you saw out there the 1st one to come to mortgages and enforce that we were a nation that said you know like a good 45 percent return so we put 7 percent mortgages with 5 percent mortgages with 3 percent mortgages that we said Hugo we're going to sell this off as a product that will average 5 percent The only problem is when the house to cave in on the upper end it didn't play out that way. That was one of the reasons that you know we had such a massive recession and you're saying one of the great for me. Would Be quiet it was great so more example cation decreasing right now. It was so much tougher to get a mortgage in the last 5 years that's a good thing because when push comes to shove I do have the ability to service my mortgages if that makes any sense and I think it's a big part of the fight. Of how bad of the next recession will be probably not is that bad they're going we have too much student debt and we have too much card debt and car that's not good debt college debt good debt you job out of mortgage debt good debt you pay your own rent it's a saving vehicle whether you like it or not it's low costs there's a mortgage deduction ability but Trump art the state of California in the state of New York clearly Democrat States with his tax cuts and how it plays out and how it's funded. So interest rates on a 30 year fixed rate now 4.84 percent I've got a mortgage at $3250.00 got a mortgage at like 375 and I'm always a 4 to 5 so 4.84 I.E.C. I don't have a desire to go to finance that and clearly the rest of America doesn't either because the did now you can work it's kind of important that we spread this out and it's all good we're not that stressed Oh my God I'm stressed. I'm not stressed Oh I'm so stressed 80516 tall 20 th calls on the air at 80161220 he calls in the air does me good. To snap right so. It's not a death now. But those are the that's what this company that made me come public before. Said. Or maybe it's a composite but sexier than that growth. Rate it's going to top notch sound they can do it. The fix typically takes a little bit of time the views and opinions expressed by Rob Black and his guests are not necessarily those of the Wall Street business not for this station its management owners or advertisers and should not be construed as legal tax or investment advice always consult the appropriate advice or before making any investment or financial planning decision. 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